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VanadiumCorp Resource Closes Non-Brokered Private Placement Financing
(TheNewswire) Vancouver, BC – TheNewswire – September 23, 2025 – ...
About this update from Vanadiumcorp Resource Inc
[{"type":"text","content":"VanadiumCorp Resource Closes Non-Brokered 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 –\nSeptember 23, 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 has received approval from\nthe TSX Venture Exchange (the “Exchange”) to close its\nnon-brokered private placement financing for aggregate gross proceeds\nof $396,099.99.\n \n\n\n\n The Company has issued 3,600,909 Units, each Unit\nconsisting of 1 common share of the Company and 1 common share\npurchase warrant (“Warrants”), each Warrant being exercisable for\nan additional common share of the Company at an exercise price of\n$0.15 for 2 years from the date of issue.  All securities issued\npursuant to the Financing are subject to a 4-month hold.\n \n\n\n\n The Financing includes two (2) insiders subscribing for\n960,000 Units for a total of $105,600.00, that portion of the\nFinancing being a “related party transaction” as such term is\ndefined under MI 61-101 – Protection of Minority Security Holders in\nSpecial Transactions. The Company is relying on exemptions from the\nformal valuation requirement of MI-61-101 under sections 5.5(a) and\n(b) of MI 61-101 in respect of the transaction as the fair market\nvalue of the transaction, insofar as it involves the interested party,\nis not more than 25% of the Company’s market capitalization.\n \n\n\n\n Proceeds from the financing will be allocated for\nworking capital and general corporate purposes.\n \n\n\n\n About VanadiumCorp Resource Inc.\n \n\n\n\n VanadiumCorp is a Canadian Critical metals exploration\ncompany owning 100% of two strategic properties in Quebec: The Iron T\nand the flagship Lac Doré property. The company\n \n\n is advancing innovative technologies to extract vanadium-titanium and\npotentially high-grade iron from its vanadiferous titanomagnetite\nprojects. The successful implementation of these technologies is\nexpected to ensure a stable, long-term supply of the company's\ncritical metal deposits, which include vanadium feedstock for\nelectrolyte production. Our initial electrolyte facility, located in\nVal-des-Sources, ...