VanadiumCorp Resource Closes Second Tranche of Financing

VanadiumCorp Resource Closes Second Tranche of Financing

(TheNewswire)

Vancouver, BC TheNewswire August 25 ,2025 VanadiumCorp Resource Inc. (TSX-V: VRB) (FSE: NWNA) (OTC: VRBFF) ("VanadiumCorp" or the "Company") Further to its July 10, 2025, July 11, 2025, and July 13, 2025 news releases, the Company announces that it has closed a second tranche of its $0.11 unit private placement financing (the "Financing"), issuing 1,510,000 Units for aggregate gross proceeds of $166,100.

The Financing consists of up to 4,545,455 $0.11 units ("Units"), each Unit consisting of one common share of the Company and one common share purchase warrant ("Warrant"), each Warrant being exercisable for an additional common share of the Company at $0.15 for a period of two years from the date of issue.  The Company expects to complete the Financing by September 12, 2025.

The second tranche of the Financing includes two (2) insiders subscribing for 960,000 Units for a total of $105,600, that portion of the Financing being a "related party transaction" as such term is defined under MI 61-101 – Protection of Minority Security Holders in Special Transactions. The Company is relying on exemptions from the formal valuation requirement of MI-61-101 under sections 5.5(a) and (b) of MI 61-101 in respect of the transaction as the fair market value of the transaction, insofar as it involves the interested party, is not more than 25% of the Company's market capitalization.

The Financing is subject to final Exchange approval and all securities issued pursuant to the Financing are subject to a four-month hold from date of issue.   Proceeds from the financing will be allocated for working capital and general corporate purposes.

About VanadiumCorp Resource Inc.

VanadiumCorp is a Canadian Critical metals exploration company owning 100% of two strategic properties in Quebec: The Iron T and the flagship Lac Doré property. The company is advancing innovative technologies to extract vanadium-titanium and potentially high-grade iron from its vanadiferous titanomagnetite projects. The successful implementation of these technologies is expected to ensure a stable, long-term supply of the company's critical metal deposits, which include vanadium feedstock for electrolyte production. Our initial electrolyte facility, located in Val-des-Sources, Quebec, will serve a dual purpose: evaluating the quality of the outputs and facilitating the initial production of electrolytes. Furthermore, the company intends to expand its production of electrolytes for the international market, specifically for long-duration Vanadium Flow Batteries (VRBs).

On behalf of the Board of VanadiumCorp Resource Inc.

"Kristien Davenport"

President, CEO and Director

VANADIUMCORP RESOURCES INC.

For more information, please visit the company website www.vanadiumcorp.com

Email: info@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.

News Provided by TheNewsWire via QuoteMedia

VRB:CC
The Conversation (0)
VanadiumCorp Provides Overview of Lac Laura Gold Property

VanadiumCorp Provides Overview of Lac Laura Gold Property

(TheNewswire) Vancouver, British Columbia TheNewswire October 20, 2025 VanadiumCorp Resource Inc. (TSX-V: VRB | FSE: NWNA | OTC: VRBFF) ("VanadiumCorp" or the "Company") is pleased to provide an overview of its wholly owned Lac Laura Property, located in Lévy Township near Chapais, Québec. The... Keep Reading...
VanadiumCorp Provides Update on Strategic Mining Projects Amid Growing Demand for Critical Minerals

VanadiumCorp Provides Update on Strategic Mining Projects Amid Growing Demand for Critical Minerals

(TheNewswire) Vancouver, British Columbia TheNewswire October 15, 2025 VanadiumCorp Resource Inc. (TSX-V: VRB | FSE: NWNA | OTC: VRBFF) ("VanadiumCorp" or the "Company") is pleased to provide shareholders with an update on its 100% owned vanadium-titanium-iron (V-Ti-Fe) mineral properties in... Keep Reading...
VanadiumCorp Resource Shareholders Approve All Matters at AGM

VanadiumCorp Resource Shareholders Approve All Matters at AGM

(TheNewswire) Vancouver, British Columbia –TheNewswire Oct 2, 2025 VanadiumCorp Resource Inc. (TSX-V: VRB) (FSE: NWNA) (OTC: VRBFF) ("VanadiumCorp" or the "Company") is pleased to announce that shareholders approved all the resolutions put forth at the 2025 annual shareholders' meeting (AGM)... Keep Reading...
VanadiumCorp Amends Private Placement Financing

VanadiumCorp Amends Private Placement Financing

(TheNewswire) 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... Keep Reading...
VanadiumCorp Announces Private Placement to Raise $800,000 for Electrolyte Production

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

(TheNewswire) 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. The... Keep Reading...
Altech - Design Completed for UPS Battery System

Altech - Design Completed for UPS Battery System

Altech Batteries (ATC:AU) has announced Altech - Design Completed for UPS Battery SystemDownload the PDF here. Keep Reading...
Land purchased for Collie plant development

Land purchased for Collie plant development

International Graphite (IG6:AU) has announced Land purchased for Collie plant developmentDownload the PDF here. Keep Reading...
Surface Metals Inc. Confirms Open Mineralization and Expansion Potential at Cimarron Gold Project, Nevada

Surface Metals Inc. Confirms Open Mineralization and Expansion Potential at Cimarron Gold Project, Nevada

Surface Metals Inc. (CSE: SUR,OTC:SURMF) (OTCQB: SURMF) ("Surface Metals" or the "Company") is pleased to announce the completion of a comprehensive historical drill database compilation and review for its Cimarron Gold Project in Nye County, Nevada. The study confirms substantial exploration... Keep Reading...
SAGA Metals Completes First Cross Section Through Extensive Oxide Layer in Trapper Zone at Radar Project in Labrador

SAGA Metals Completes First Cross Section Through Extensive Oxide Layer in Trapper Zone at Radar Project in Labrador

Saga Metals Corp. ("SAGA" or the "Company") (TSXV: SAGA,OTC:SAGMF) (OTCQB: SAGMF) (FSE: 20H) a North American exploration company advancing critical mineral discoveries, is pleased to announce the completion of its first 3 holes (R-0008 to R-0010) of the 2025-2026 mineral resource estimate drill... Keep Reading...
Spartan Metals Doubles Tungstonia Exploration and Mining Claims

Spartan Metals Doubles Tungstonia Exploration and Mining Claims

(TheNewswire) Commences Trading on the Frankfurt Stock Exchange Vancouver, Canada, November 25, 2025 TheNewswire - Spartan Metals Corp. (" Spartan " or the " Company ") (TSX-V: W OTCQB: SPRMF | FSE: J03) is pleased to announce that it has significantly expanded its land position at its 100%... Keep Reading...
Brunswick Exploration to Begin a Lithium Exploration Initiative in the Kingdom of Saudi Arabia

Brunswick Exploration to Begin a Lithium Exploration Initiative in the Kingdom of Saudi Arabia

Brunswick Exploration Inc. (TSX-V: BRW, OTCQB: BRWXF; FRANKFURT:1XQ; " BRW " or the " Company ") is pleased to announce that it has identified the Kingdom of Saudi Arabia (the " KSA " or " Saudi Arabia ") as highly prospective for lithium exploration. To support this new initiative and as an... Keep Reading...

Latest Press Releases

Related News