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American Vanadium Purchases Mining Claims
Business
Sep 1 2011
4 min read

American Vanadium Purchases Mining Claims

American Vanadium Purchases Mining Claims

American Vanadium Purchases Mining Claims

Vancouver, British Columbia CANADA, September 01, 2011 /FSC/ - American Vanadium Corp. (AVC - TSX Venture)(the "Company") is pleased to announce that it has entered into an arm's length agreement with Vanadium International Corp. to purchase certain mining claims located in Eureka County, Nevada.  As part of the purchase price, the Company will issue 25,000 common shares of the Company to Vanadium International Corp., subject to the approval of the TSX Venture Exchange.


About American Vanadium Corp.

American Vanadium is currently developing the Gibellini Vanadium Project, a vanadium resource located in Nevada, USA.  Vanadium is a critical alloying metal used to strengthen steel and is also growing in importance in the emerging uses of mass energy storage and next generation lithium-vanadium batteries.  The Company's Gibellini Vanadium Project is unique in its ability to have economic production of vanadium for the steel and alloying industries as well as vanadium electrolyte for the mass storage industry.


ON BEHALF OF THE BOARD

"Bill Radvak"

Bill Radvak, President and CEO



For further information, please contact:

Mike Hyslop, Director, Corporate Development
Phone: 604.488.8795
Email: mhyslop@americanvanadium.com


Forward-Looking Statement

Some statements in this report contain forward-looking information. These statements include, but are not limited to, statements with respect to future exploration, expenditures, transactions and financings. These statements address future events and conditions and, as such, involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of to be materially different from any future results, performance or achievements expressed or implied by the statements. Such factors include, among others, risks related to actual results of exploration activities, the timing and amount of expenditures and the completion of transactions and financings.

NEITHER TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.


Suite 1028, 550 Burrard Street, Box 61
Vancouver, BC, Canada V6C 2B5
Tel:  604.681.8588
Fax: 604.681.4692
www.americanvanadium.com


To view this release as a web page, please click on the following link:

http://www.usetdas.com/pr/vanadium09012011.htm  


Source: American Vanadium Corp.(TSXV: AVC)  http://www.americanvanadium.com
Maximum News Dissemination by Filing Services Canada Inc. http://www.usetdas.com