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American Vanadium Falls 72 Percent After Dropping Gibellini Project

American Vanadium Falls 72 Percent After Dropping Gibellini Project

Today, American Vanadium (TSXV:AVC) fell 72 percent to $0.025 after dropping its Gibellini Project earlier this week. Over a one-year period, its stocks have dropped by $0.04, or 61.54 percent.

The announcement made by the company states the development of the grid level energy storage market didn’t meet expectations, meaning the company

American Vanadium Puts Gibellini Deposit On Hold

American Vanadium (TSXV:AVC) reported that it will put development and permitting of its Gibellini lithium property on hold, with one of the project leases reverting back to the owner. Furthermore, due to market conditions, the company was unable to secure the necessary financing to fund its acquisition of GILDEMEISTER energy storage GmbH, manufacturer

American Vanadium Corp. to Acquire GILDMEISTER

American Vanadium Corp. (TSXV:AVC) (OTC Pink:AVCVF) has entered into a Letter of Intent (“LOI”) with DMG MORI to acquire GILDEMEISTER energy storage GmbH (“GES”), DMG MORI’s wholly owned subsidiary. GILDMEISTER is a manufacturer of the CellCube vanadium flow energy storage system.

American Vanadium Announces Promotion of Brian Beck to VP of Sales

American Vanadium Corp. (TSXV:AVC,OTCQX:AVCVF) has promoted Brian Beck to Vice President, Sales. Brian Beck was Director of Sales at American Vanadium Corp., and has been active in the field of energy storage, working for vanadium flow battery companies such as Prudent Energy Corporation and VRB Power Systems Inc.

A Giant Leap for Energy Storage

The Metropolitan Transit Authority is planning to install three vanadium-flow batteries in downtown Manhattan. As the only source of vanadium in the United States, American Vanadium is poised to take advantage of this growing market.

American Vanadium Announces Flow Battery Installation In New York

American Vanadium Corp (TSXV:AVC,OTCQX:AVCVF) will partner with the New York State Research and Development Authority (NYSERDA) to demonstrate its CellCube(TM) vanadium redox flow energy storage system. The New York City Transit Office of Strategic Innovation and Technology and the Metropolitan Transportation Authority will host the demonstration at the MTA’s Energy

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