Company
VanadiumCorp Resource Inc
CVE:VRB
VanadiumCorp Resource Inc. is an integrated green technology company with strategic vanadium mineral deposit assets. VanadiumCorp is focused on commercializing disruptive technologies to process mineral concentrates, produce and recycle vanadium electrolytes sustainably, and construct next-generation vanadium redox flow-battery “VRFB” systems. VRFBs are 100% green technology from mine to battery when hydrometallurgical processes produce the vanadium source commodity. Proven VRFB technologies improve renewable energy efficiencies by storing temporary energy surpluses and feeding them back into the electrical grid as required. VanadiumCorp wholly owns one of the largest and metallurgically favourable vanadium mineral deposits in the world, located in mining-friendly Quebec, Canada.
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VanadiumCorp Resource files for final approval of $572,850 private placement financing
Net proceeds from the financing will be used for exploration and metallurgical testing on the company’s wholly-owned mineral properties and general corporate purposes
VanadiumCorp Resource taps seasoned energy exec Ian Mallory as executive chairman
Mallory brings more than 25 years of experience developing, financing and executing utility-scale energy projects
VanadiumCorp Resource says metallurgical bulk sampling has begun at Lac Dore deposit in Quebec
"With the bulk samples, the company plans to promptly execute a multifaceted testing program on its Lac Dore deposit," the mining firm said
VanadiumCorp Resources announces non-brokered financing for total aggregate proceeds of up to $4 million
The company said it will use the net proceeds from the financing for exploration and metallurgical testing on its wholly-owned mineral properties and general corporate purposes
VanadiumCorp Resources announces completion of share consolidation
The mineral exploration company said that its plans to consolidate its shares on the lines of ten common shares for one new share of the company has been accepted by the TSX Venture Exchange
Vanadiumcorp Resource plans to arrange debenture financing to raise up to a maximum of $2 million
Under the terms of the financing, the debentures will mature two years from the date of closing and will bear interest at 10% per annum and will be repayable by the company on the maturity date
VanadiumCorp has a large resource and an eco-friendly technology to process it
The company considers its Lac Doré Project in Quebec to be one of the world’s largest undeveloped vanadium deposits
VanadiumCorp Resource files year-end financial statements, highlighting significant reduction in its net loss for 2020
The company posted a net loss of around $672,000 for FY2020, compared to the $1.4 million it recorded in the same 12-month period a year prior
VanadiumCorp Resource launches joint testing program using its patented electrochem process technology
VanadiumCorp Electrochem Process Technology (VEPT) is being tested as a possible alternative and more environmentally friendly way to extract vanadium and iron from Strategic Resource's Mustavaara Project