VanadiumCorp secures TSXV Approval for private placement

VanadiumCorp Resource Inc (TSX-V:VRB) is concluding a non-brokered private placement financing. Upon final TSXV approval, the company will issue 1,448,000 $0.10 flow-through units and 1,725,000 $0.08 non-flow-through units, generating gross proceeds of $282,800. The flow-through units include common shares and warrants, while the non-flow-through units consist of common shares and warrants, both exercisable for two years. Insider participation amounts to $64,800. The funding will support exploration, metallurgical testing, and general corporate purposes on VanadiumCorp's mineral properties.