American Vanadium Corp. (TSXV:AVC,OTCQX:AVCVF)announced a non-brokered private placement of up to of $1.6 million consisting of 2,000,000 units at the price of CDN$0.80 per unit.
As quoted in the press release:
Each Unit consists of one common share (“Common Share”) in the capital of the Company and one-half of a share purchase warrant (each whole warrant, a “Warrant”). Each Warrant will entitle the holder thereof to purchase one Common Share at the price of CDN$1.20 each for a period of 12 months from closing.
Investors are taking notice in VanadiumCorp Resource Inc. (TSXV:VRB) whose objective is to become the only primary producer of high purity vanadium products in North America through systematic development and strategic partnerships.Connect with this company on the move. Learn More