Vanadiumcorp Announces New Board Of Directors And Management Team

Vanadiumcorp Announces New Board Of Directors And Management Team

(TheNewswire)

VanadiumCorp Resource Inc.

Vancouver, British Columbia –TheNewswire- Feb. 3, 2025VanadiumCorp Resource Inc. (TSX-V: VRB) (FSE: NWNA) (OTC: VRBFF) ("VanadiumCorp" or the "Company") is pleased to announce the appointment of Mr. Gilles Dupuis, P. Eng ., as Chief Executive Officer, replacing Ian Mallory.

Mr. Dupuis. P. Eng is a highly respected engineering professional with 52 years of experience in the design, finance, construction, and operation of major world process plant projects. He specializes in process technologies for battery metals, such as lithium and vanadium, and has extensive experience working with industry joint ventures and government collaborations.

To focus on the production of high-quality vanadium electrolyte, and developing our wholly owned vanadium-titanium-iron mineral deposits, the Company announces the following new additions to the Board of Directors:

  • CEO : Gilles Dupuis, P. Eng, Director

  • President : Kristien Davenport, Director

  • Corporate Finance and Corporate Secretary: Kathleen Martin, Director

  • Independent Director : Andre Gauthier, P. Eng, P.GEO, Msc. A.

Kristien Davenport joined the Company in 2023 and was appointed President in December 2024. With 24 years of experience in business development and corporate communications, Ms. Davenport specializes in strategic partnerships and investor relations. Her background includes work with innovative technologies at Ballard Power Systems and in the natural resources sector. As a seasoned professional, Kristien guides the execution of the Company's business plan, financing strategies, and marketing initiatives.

Kathleen Martin has joined the board to provide guidance with respect to corporate governance and execution of Vanadiumcorp's go-forward financing plans.  Ms. Martin brings decades of experience in capital markets, corporate finance, and corporate governance.  Ms. Martin was formerly a licensed investment advisor, a director of public and private companies, and an independent corporate finance consultant for over 20 years.

Andre Gauthier, P. Eng, P.GEO, MSC has over 47 years of experience in the Mining Exploration field and has worked in over 35 countries. He has a BSC in Geology Eng. and an MSC from UQAC (Chicoutimi, Quebec) and is an active member and leader of many mining and professional organizations (Canada, Peru, UAE, and China). Since 2020, Andre has been leading Eval Minerals, a private company that is involved in mineral investments and advisory services.

Gilles Dupuis, CEO, expressed his enthusiasm, stating: "The newly strengthened Board and management team at VanadiumCorp presents a valuable opportunity to enhance our initiatives in the production and international sale of vanadium electrolyte. Additionally, we are poised to make significant progress in advancing our strategic mineral resource at Lac Doré, Québec. I am eager to collaborate with this qualified and experienced team to create significant value for our customers and shareholders.

The Company also reports that directors Pierre Alarie, Stephen Pearce and Ian Mallory have resigned to pursue other opportunities. The Company would like to thank Messrs. Mallory, Alarie, and Pearce for their dedicated service as directors and wishes them well in their future endeavours.

About VanadiumCorp Resource Inc.

VanadiumCorp Resource Inc. produces a high-quality stream of vanadium electrolyte catering to the expanding international market for long-duration Vanadium Redox Flow Batteries (VRFB). The Company's initial manufacturing facility is located in Val-des-Sources, Québec. The procurement of stable, long-term access to vanadium feedstock for electrolyte production is assured, contingent upon the successful development of the Company's wholly-owned vanadium-titanium-iron mineral deposits, particularly the flagship Lac Doré deposit situated near Chibougamau, Québec. Moreover, the electrolyte plant will serve the dual purpose of evaluating the quality of the outputs from the Lac Doré pilot plant as well as facilitating the reprocessing of electrolytes.

On behalf of the Board of VanadiumCorp Resource Inc.

Gilles Dupuis
CEO

Company contact information:

3 rue de Boisé,
Marieville, Québec J3M 1S7
Canada

Email: info@vanadiumcorp.com

Website: www.vanadiumcorp.com

Neither the TSX Venture Exchange nor its Regulation Services Provider (as defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Copyright (c) 2025 TheNewswire - All rights reserved.

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VanadiumCorp Amends Private Placement Financing

VanadiumCorp Amends Private Placement Financing

(TheNewswire)

VanadiumCorp Resource Inc.

Vancouver, British Columbia TheNewswire 11 March 2025 VanadiumCorp Resource Inc. (TSX-V: VRB) (FSE: NWNA) (OTC: VRBFF) ("VanadiumCorp" or the "Company"), further to its February 26, 2025 news release, the Company announces that, due to changes in regulations and tariff uncertainty between Canada and the US, the Company is amending its private placement financing to include up to 3,846,153 $0.13 Flow-Through Units ("FT Units) and up to 2,727,727 $0.11 Non-Flow-Through Units ("NFT Units") for aggregate gross proceeds of up to $800,000 ( the "Financing").

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VanadiumCorp Announces Private Placement to Raise $800,000 for Electrolyte Production

(TheNewswire)

VanadiumCorp Resource Inc.

Vancouver, British Columbia TheNewswire – February 26, 2025 VanadiumCorp Resource Inc. (TSX-V: VRB) (FSE: NWNA) (OTC: VRBFF) ("VanadiumCorp" or the "Company"). The Company is pleased to announce a non-brokered private placement financing (the "Financing") of up to $800,000.

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Lithium Universe Ltd  Spodumene Offtake Update

Lithium Universe Ltd Spodumene Offtake Update

Melbourne, Australia (ABN Newswire) - Lithium Universe Limited (ASX:LU7) (FRA:KU00) (OTCMKTS:LUVSF) is pleased to provide an update of its project development since the launch of the Becancour Lithium Refinery Definitive Feasibility Study in February 2025. The Board and management continue to advance the project by attempting to secure spodumene feedstock supply for its Becancour Lithium Refinery.

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- Substantial benefits (transport costs and tariffs) to supplying local convertor

- Supply estimated to commence around 2028

- Targeting 140,000 tpa SC6 spodumene supply once ramped up

- LU7 intends to purchase spodumene ore at benchmark prices from the market

- Targeting minimum supply of 10 years for project finance

The Company, as stated previously, have been in discussions with multiple spodumene concentrate producers-both operational and near-term developers-regarding long-term feedstock supply agreements for the Becancour Lithium Refinery. In these discussions, these parties recognise a real benefit in potentially supplying their spodumene product to a local lithium converter as opposed to shipping and selling their spodumene to Chinese operations for conversion. The spodumene transport costs could be as high as US$100 per dmt which represents US$800-900 per tonne of finished lithium carbonate product. If the final lithium carbonate must be shipped back to North America that adds another approximately US$200 per tonne of final product. Today, Canada has an import tariff of 25% on all Chinese lithium chemicals so the local conversion is an overriding advantage.

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funded, and construction commences. Ideally, LU7 is targeting a spodumene feed supply to be at least 10 years and rolling 5 years, to give security of supply for project financing. In these discussions, the Company is targeting supply commencing around 2028 at approximately 56,000 tonnes per year. The required supply tonnage will increase to 98,000 tonnes in 2029 and reach full capacity at 140,000 tonnes per annum from 2030 onward. The spodumene supply is targeted to be delivered to the Becancour Lithium Refinery storage shed on site. Whilst spodumene supply could be from anywhere in the North Atlantic region (including Brazil and Africa), a strategic domestic Canadian feedstock source would mitigate the Company's risks and logistical challenges of overseas shipments and foreign processing. It is proposed that the spodumene concentrate will be refined into approximately 18,270 tonnes per annum of battery-grade lithium carbonate (as per DFS), supporting the expansion of Canada's electric vehicle (EV) and energy storage industries.

LU7 intends to purchase spodumene ore at benchmark prices from the market, and LU7 will retain full ownership of the resulting lithium carbonate, with the right to sell it either to the open market at benchmark prices or directly to an OEM offtaker. To clarify, the Company is not searching for a tolling arrangement.

Executive Chairman Iggy Tan said "There are several interested potential spodumene suppliers that could meet the 2028 timeframe and discussions are ongoing. There is real interest in the market. The Company will continue to keep the market informed concerning progress of these discussions and negotiations. Once we can secure feedstock supply for the refinery the focus will shift to getting a strategic OEM on board the project in exchange for the valuable battery grade lithium carbonate offtake".



About Lithium Universe Ltd:  

Lithium Universe Ltd (ASX:LU7) (FRA:KU00) (OTCMKTS:LUVSF), headed by industry trail blazer, Iggy Tan, and the Lithium Universe team has a proven track record of fast-tracking lithium projects, demonstrated by the successful development of the Mt Cattlin spodumene project for Galaxy Resources Limited.

Instead of exploring for the sake of exploration, Lithium Universe's mission is to quickly obtain a resource and construct a spodumene-producing mine in Quebec, Canada. Unlike many other Lithium exploration companies, Lithium Universe possesses the essential expertise and skills to develop and construct profitable projects.



Source:
Lithium Universe Ltd

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NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES   OR FOR DISSEMINATION IN THE UNITED STATES

Brunswick Exploration Inc. (" Brunswick " or the " Corporation ") (TSX-V: BRW, OTCQB: BRWXF) is pleased to announce the closing of its previously announced private placement (the " Offering ") for aggregate gross proceeds of C$3,500,000, which includes the full exercise of the agents' option for proceeds of C$1,000,000. Under the Offering, the Corporation sold (i) 12,980,769 units of the Corporation (the " LIFE Units ") at a price of C$0.13 per LIFE Unit for gross proceeds of C$1,687,500 from the sale of LIFE Units, and (ii) 12,083,333 units of the Corporation (the " Non-LIFE Units ", and collectively with the LIFE Units, the " Offered Securities ") at a price of C$0.15 per Non-LIFE Unit for gross proceeds of C$1,812,500 from the sale of Non-LIFE Units. An aggregate of 25,064,102 Offered Securities were sold under the Offering.

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Saga Metals Corp. ("SAGA" or the "Company") (TSXV: SAGA) (OTCQB: SAGMF) (FSE: 20H) a North American exploration company focused on critical mineral discovery, is pleased to announce the final drill results from its 2025 maiden drill program at the Radar Ti-V-Fe Property, located near the port of Cartwright in Labrador, Canada. The Property comprises 24,175-hectares and entirely encloses the Dykes River mafic layered intrusive complex.

Saga Metals Confirms Technical Success with the Drill:

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- As part of funding due diligence plan

- Independent comparison study of CERENERGY(R) technology

- DNV was engaged by Altech

- DNV is one of the leading energy storage technical advisors

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The complete comparison report has been prepared specifically for Altech Batteries GmbH and is confidential. Nevertheless, Altech is pleased to publish the Executive Summary of the technology comparison at cell level in the following qualitative overview. Table 1 gives a high-level overview of the advantages and disadvantages for the listed characteristics in comparison to the most widely used technologies on the market against CERENERGY(R) sodium chloride solid state (SCSS) technology.

The DNV primary conclusion states "CERENERGY(R) is one of the promising emerging technologies. Further improvements in terms of the achievable energy density, performance, and cost efficiency can be expected in the coming years" (DNV, May 2025).

*To view tables and figures, please visit:
https://abnnewswire.net/lnk/66D7P180



About Altech Batteries Ltd:  

Altech Batteries Limited (ASX:ATC) (FRA:A3Y) is a specialty battery technology company that has a joint venture agreement with world leading German battery institute Fraunhofer IKTS ("Fraunhofer") to commercialise the revolutionary CERENERGY(R) Sodium Alumina Solid State (SAS) Battery. CERENERGY(R) batteries are the game-changing alternative to lithium-ion batteries. CERENERGY(R) batteries are fire and explosion-proof; have a life span of more than 15 years and operate in extreme cold and desert climates. The battery technology uses table salt and is lithium-free; cobalt-free; graphite-free; and copper-free, eliminating exposure to critical metal price rises and supply chain concerns.

The joint venture is commercialising its CERENERGY(R) battery, with plans to construct a 100MWh production facility on Altech's land in Saxony, Germany. The facility intends to produce CERENERGY(R) battery modules to provide grid storage solutions to the market.

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SAGA Metals Announces First Tranche Closing

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NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES.

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Saga Metals Confirms Additional Geological Success with the Drill:

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