VRB:CC - VanadiumCorp Resource Closes Second Tranche of Financing
(TheNewswire)
Vancouver, BC – TheNewswire –August 25 ,2025 – VanadiumCorp ResourceInc. (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 Companyannounces that it has closed a second tranche of its $0.11 unitprivate placement financing (the “Financing”), issuing 1,510,000Units 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 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. The Companyexpects 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, thatportion of the Financing being a “related party transaction” assuch term is defined under MI 61-101 – Protection of MinoritySecurity Holders in Special Transactions. The Company is relying onexemptions from the formal valuation requirement of MI-61-101 undersections 5.5(a) and (b) of MI 61-101 in respect of the transaction asthe fair market value of the transaction, insofar as it involves theinterested party, is not more than 25% of the Company’s marketcapitalization.
The Financing is subject to final Exchange approval andall securities issued pursuant to the Financing are 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 company is 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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