Has due to popular demand VanadiumCorp Resource (TSXV: VRB; FRA: NWN) increased the scope for its ongoing capital increase from originally CAD 500,000 to CAD 1 million. The placement at an issue price of CAD 0.10 per unit only takes place around six weeks after the company has already raised CAD 500,000 at CAD 0.05.
Each unit consists of one common share of the company and a warrant to purchase common shares. Each warrant entitles the holder to purchase one common share over a period of two years at an exercise price of $ 0.15.
VanadiumCorp Resource is an integrated, green technology company that owns one of the largest and most metallurgically cheapest vanadium resources in the world in mining-friendly Quebec. To develop this mining asset, VanadiumCorp. A patent pending for a new process technology for environmentally friendly production. VanadiumCorp is also working to commercialize breakthrough technologies to improve vanadium electrolytes in next-generation vanadium redox flow battery systems.
All securities issued in connection with the placement are subject to a four month hold period and one day from the date of closing. The proceeds from the placement will be used for general working capital.
Subscribe to our free newsletter: https://goldinvest.de/newsletter
Follow us on Twitter: https://twitter.com/GOLDINVEST_de
Risk warning: GOLDINVEST Consulting GmbH offers editors, agencies and companies the opportunity to post comments, analyzes and messages http://www.goldinvest.de to publish. This content is intended solely for the information of the reader and does not represent any kind of call for action, neither explicitly nor implicitly are they to be understood as a guarantee of possible price developments. Furthermore, they are in no way a substitute for individual, expert investment advice and represent neither an offer to sell the stock (s) in question nor an invitation to buy or sell securities. This is expressly not a financial analysis but a promotional one / journalistic texts. Readers who make investment decisions or carry out transactions on the basis of the information provided here act entirely at their own risk. There is no contractual relationship between GOLDINVEST Consulting GmbH and its readers or the users of its offers, as our information only relates to the company, but not to the reader’s investment decision.
In accordance with Section 34b WpHG and Section 48f Paragraph 5 BörseG (Austria), we would like to point out that GOLDINVEST Consulting GmbH and / or partners, clients or employees of GOLDINVEST Consulting GmbH hold shares in Vanadiumcorp Resource and that there is therefore a conflict of interest. GOLDINVEST Consulting GmbH also reserves the right to buy or sell shares in the company at any time. Under certain circumstances, this can affect the respective share price of the company. GOLDINVEST Consulting GmbH currently has a contractual relationship with the company, which is reported on within the GOLDINVEST Consulting GmbH website as well as in social media, on partner sites or in emails, which also represents a conflict of interest. The above information on existing conflicts of interest apply to all types and forms of publication that GOLDINVEST Consulting GmbH uses for publications on Vanadiumcorp Resource. Furthermore, we cannot rule out that other stock market letters, media or research firms will discuss the values recommended by us during the same period. Therefore, symmetrical information and opinion generation can occur during this period. No guarantee can be given for the correctness of the courses mentioned in the publication.
PERSONAL-FINANCIAL.COM publishes analyzes, columns and news from various sources in this section.
PERSONAL-FINANCIAL.COM AG is not responsible for content that is recognizable by third parties in the “News” area
This website has been discontinued and does not adopt it as its own. These contents are in particular through
a corresponding “from” mark below the article heading and / or through the link
“To read the full article, please click here.” responsible for
this content is solely the named third party.