Vanadium One announces closing of $2.0 million non-brokered private placement financing
2021-05-31 09:02:45 [Print]
Canada-based Vanadium One Iron Corp. announced that it has completed its non-brokered private placement of an aggregate of 4,705,880 flow-through units ("FT Units") at a price of $0.425 per FT Unit for gross proceeds of approximately $2,000,000 (the "Offering").
The company intends to use the gross proceeds of the Offering to fund expenditures to continue exploration and further definition of the Company's Mont Sorcier Iron and Vanadium Property, as the company looks to advance the property towards a formal feasibility study.
The company intends to use the gross proceeds of the Offering to fund expenditures to continue exploration and further definition of the Company's Mont Sorcier Iron and Vanadium Property, as the company looks to advance the property towards a formal feasibility study.
