American Vanadium Corp. (TSXV:AVC,OTCQX:AVCVF) closed the first tranche of its previously announced non-brokered private placement. The Company issued a total of 10,000,000 units at the price of CDN$0.40 per unit to Dundee Corporation for total gross proceeds of CDN$4,000,000.
Vanadium Company News Directory
American Vanadium Corp. (TSXV:AVC,OTCQX:AVCVF) announced a non-brokered private placement of up to up to $5 million, consisting of 12,500,000 units at the price of $0.40 per unit.
American Vanadium Corp. (TSXV:AVC,OTCQX:AVCVF) announces that the CellCube vanadium redox flow energy storage system will be evaluated and demonstrated at the US Department of Energy’s National Renewable Energy Laboratory facility.
Atlantic Ltd. (ASX:ATI) announced in a corporate update that it could take about nine months to rebuild a beneficiation plant damaged earlier this month in a fire at its Windimurra operation. Ramping production up to its pre-fire level will happen within the same time frame.
Bushveld Minerals Ltd. (LSE:BMN) on Wednesday provided an operational update on its Bushveld vanadium project, located in South Africa, commenting that it has completed three boreholes in the AB Zone.
Baobab Resources plc (LSE:BAO) announced that it has received analytical results from the first 10 reverse-circulation drill holes completed on the Tenge resource block of its Mozambique-based Tete pig iron and ferrovanadium project.
Mining Weekly reported that due to a fire at the beneficiation plant of vanadium miner Atlantic Ltd.'s Windimurra operation, located in Western Australia, trading of the company has been suspended.
Energizer Resources Inc. (TSX:EGZ,OTCQX:ENZR,FWB:YE5) has closed its recently announced financing for gross proceeds of C$7,344,488.
AMM.com reported that Atlantic Ltd is ready to start exporting vanadium trioxide from its Windimurra mine in Wetern Australia, to supply the titanium alloy market.
Energizer Resources Inc. (TSX:EGZ,OTCQX:ENZR,FWB:YE5) has closed it previously announced private placement brokered and non-brokered offering of subscription receipts, raising gross proceeds of C$7,344,488 on the sale of 61,204,067 Subscription Receipts resulting in 61,204,067 Common Shares and 30,602,034 Warrants.