VanadiumCorp Closes First Tranche of Financing
(TheNewswire)
Vancouver, BC – TheNewswire –July 11, 2025 – VanadiumCorp ResourceInc. (TSX-V: VRB) (FSE: NWNA)
VRBFF ("VanadiumCorp" or the
"Company") further to its June 10,2025 news release, the Company announces that it has receivedconditional approval from the TSX Venture Exchange (the“Exchange”) for its non-brokered private placement of up to$500,000 (the “Financing”).
The Financing consists of up to 4,545,455 $0.11 units(“Units”), each Unit consisting of one common share of the Companyand one common share purchase warrant (“Warrant”), each Warrantbeing exercisable for an additional common share of the Company at$0.15 for a period of two years from the date of issue.
Further, the Company has now closed a first tranche ofthe Financing, issuing 1,590,909 Units, for aggregate gross proceedsof $174,999.99.
The Financing is subject to final Exchange approval andall securities issued pursuant to the Financing will be subject to afour-month hold from date of issue. Proceeds from the financingwill be allocated for working capital and general corporatepurposes.
About VanadiumCorp Resource Inc.
VanadiumCorp is a Canadian Critical metals explorationcompany owning 100% of two strategic properties in Quebec: The Iron Tand the flagship Lac Doré property. The companyis advancing innovative technologies to extract vanadium-titanium andpotentially high-grade iron from its vanadiferous titanomagnetiteprojects. The successful implementation of these technologies isexpected to ensure a stable, long-term supply of the company'scritical metal deposits, which include vanadium feedstock forelectrolyte production. Our initial electrolyte facility, located inVal-des-Sources, Quebec, will serve a dual purpose: evaluating thequality of the outputs and facilitating the initial production ofelectrolytes. Furthermore, the company intends to expand itsproduction of electrolytes for the international market, specificallyfor long-duration Vanadium Flow Batteries (VRBs).
On behalf of the Board ofVanadiumCorp Resource Inc.
“Kristien Davenport”
President, CEO and Director
VANADIUMCORP RESOURCES INC.
For more information, please visit the companywebsite www.vanadiumcorp.com
Email: info@vanadiumcorp.com
Neither the TSX Venture Exchange nor its RegulationServices Provider (as defined in the policies of the TSX VentureExchange) accepts responsibility for the adequacy or accuracy of thisrelease.
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