https://www.miningweekly.com
VanadiumCorp Resource|Canada|Mining|Titanium|Vanadium|Québec
|||
vanadiumcorp-resource|canada|mining|titanium|vanadium|qubec

VanadiumCorp closes first tranche of $700 000 private placement

Vanadium drill core at Lac Doré in Québec

Vanadium drill core at Lac Doré in Québec

16th April 2026

By: Marleny Arnoldi

Online News Editor

     

Font size: - +

TSX-V-listed VanadiumCorp Resource has received stock exchange approval for a private placement to raise $700 000 from 5.8-million units issued at a price of $0.12 apiece.

The company has already closed a first tranche of the financing, issuing 3.9-million units for aggregate gross proceeds of $478 000.

The units comprise one common share of the company and one common share purchase warrant, with the warrant being exercisable for an additional common share at a price of $0.22 apiece.

The warrants are valid for two years from the date of issue.

VanadiumCorp aims to use the proceeds for working capital and general corporate purposes.

The group owns the Iron T and Lac Doré prospects in Québec, which are vanadiferous titanomagnetite projects. VanadiumCorp is advancing innovative technologies to extract vanadium, titanium and potentially high-grade iron from the two projects, including vanadium feedstock for electrolyte production.

 

Edited by Creamer Media Reporter

Article Enquiry

Email Article

Save Article

Feedback

To advertise email advertising@creamermedia.co.za or click here

Showroom

SABAT Batteries is a renowned brand in the battery industry, manufacturing a wide range of batteries at its state-of-the-art production facility in Gqeberha.
SABAT Batteries

SABAT Batteries is a renowned brand in the battery industry, manufacturing a wide range of batteries at its state-of-the-art production facility in...

VISIT SHOWROOM 
Mine Safe Global
Mine Safe Global

A Leader in Mining Collision Avoidance Systems

VISIT SHOWROOM 

Latest Multimedia

sponsored by

Magazine round up | 24 July 2026
Magazine round up | 24 July 2026
24th July 2026

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION







sq:0.044 0.065s - 115pq - 2rq
Subscribe Now