By Jocelyn Aspa
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 (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. (TSXV:AVC) announced that it’s entered into a letter of intent (LOI) under which it will acquire GILDEMEISTER Energy Storage GmbH (GES), a subsidiary of DMG Mori Seiki AG.
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 (TSXV:AVC) says it is reducing the price of its previously announced private placement from $0.30 a unit to $0.25 a unit. Warrant prices have also been reduced from $0.50 to $0.40.
American Vanadium (TSXV:AVC,OTCQX:AVCVF) announced the CellCube vanadium flow energy system has received the Underwriters Laboratories (UL) 508A certification. The certification is generally a pre-requisite for permitting and insurance.
American Vanadium (TSXV:AVC, OTCQX:AVCVF) announced it is holding a private placement of up to $2 million, with a price of $0.40 per unit. Each unit will consist of one common share and one half of a share purchase warrant. The net proceeds of the placement will be used for sales
American Vanadium (TSXV:AVC,OTCQX:AVCVF) announced it has signed an agreement with Newfound Energies to sell two 30KWh-130KWh CellCube vanadium flow energy storage systems. This is the first purchase order the company has received as the North American agent for Gildemeister.
American Vanadium Corp. (TSXV:AVC,OTCQX:AVCVF) announced that the US Department of Energy’s National Renewable Energy Laboratory is in the process of commissioning a CellCube vanadium flow energy storage system.
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.
American Vanadium Corp. (TSXV:AVC,OTCQX:AVCVF) has appointed Brett Whalen as its non-executive chairman of the board of directors. Mr. Whalen is currently vice president at Dundee Corporation (TSX:DC.A) American Vanadium’s largest shareholder. American Vanadium has also extended the second tranche of its non-brokered private placement, and expects the private placement to
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
American Vanadium Corp. (TSXV:AVC,OTCQX:AVCVF) announced today that Ron MacDonald has resigned as a Director of the Company.
American Vanadium Corp. (TSXV:AVC,OTCQX:AVCVF) closed the first tranche of its previously announced non-brokered private placement. The Company issued a total of 10,000,000 units at the price of CDN$0.40 per unit to Dundee Corporation for total gross proceeds of CDN$4,000,000.
American Vanadium Corp. (TSXV:AVC,OTCQX:AVCVF) announced a non-brokered private placement of up to up to $5 million, consisting of 12,500,000 units at the price of $0.40 per unit.