Vanadium One Energy Provides Property Update

Vanadium One Energy (TSXV:VONE) has announced that it has paid Chibougamau Independent Mines (TSXV:CBG) the cash payment of $150,000.

As quoted in the press release:

The Company has now fulfilled both payment terms of the option agreement and the Company will receive 100% interest in the Mont Sorcier Vanadium-Iron-Titanium project upon spending a minimum of $1 million of exploration in the first 24 months following signature of the agreement. Chibougamau Independent Mines will retain a 2% Gross Metal Royalty on all mineral production from the property.

Click here to read the full press release.

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