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VanadiumCorp Appoints Kristien Davenport as Chief Executive Officer, Announces $440,000 Private Placement Financing
(TheNewswire) Vancouver, BC – TheNewswire – June 5, 2025 – Van...
About this update from Vanadiumcorp Resource Inc
[{"type":"text","content":"VanadiumCorp Appoints Kristien Davenport as Chief Executive Officer, Announces $440,000 Private Placement Financing \n\n\n (TheNewswire)\n \n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n Vancouver, BC – TheNewswire –\nJune 5, 2025\n \n\n –\n \n\n VanadiumCorp Resource\nInc.\n \n\n (TSX-V: VRB) (FSE: NWNA)\n(OTC: VRBFF) (\"VanadiumCorp\" or the\n\"Company\")\n \n\n is pleased to announce the\nappointment of Ms. Kristien Davenport as Chief Executive Officer. Ms.\nDavenport, who was appointed President in December 2024, succeeds Mr.\nGilles Dupuis, who will now focus exclusively on his role as Chief\nOperating Officer.\n \n\n\n\n Ms. Davenport brings over 24 years of experience in\ncapital markets, business development, strategic partnerships, and\ncorporate management. Her background includes Ballard Fuel Cells and\nextensive involvement in the natural resources sector. Since joining\nVanadiumCorp, she has demonstrated exceptional leadership and\nstrategic insight. As CEO, she will lead the execution of the\nCompany’s corporate strategy, capital markets initiatives, and\ncorporate management.\n \n\n\n\n Mr. Gilles Dupuis, P.Eng., will continue to serve as\nChief Operating Officer and Director. He will focus on advancing the\nCompany’s\n \n\n Carrefour d'innovation sur les\nmatériaux de la MRC des sources\n \n\n (CIMMS) Pilot\nPlant.\n \n\n\n\n The Company is also pleased to announce a non-brokered\nprivate placement financing (the “Financing”) of up to $\n440,000.\n \n\n\n\n The Financing will consist of 4,545,455 $0.11 units\n(“Units”), each Unit consisting of one common share of the Company\nand one common share purchase warrant (“Warrant”), each Warrant\nbeing exercisable for an additional common share of the Company at\n$0.15 for a period of two years from the date of issue.\n \n\n\n\n The Company may pay finders’ fees in cash and\nwarrants bearing the same terms as the warrants. All shares issued\npursuant to the Financing and any shares issued through the exercise\nof warrants will be subject to a four-month hold from the issue date.\nThe Financing is subject to TSXV Exchange approval. Proceeds from the\nfinancing will be allocated for working capital, upgrading the pilot\nplant production, and gen...