Vanadium One Iron Corp. V.VDR

RE:Update

[pogohere]

Voyager Metals Extends Its $3.9 Million Secured Debentures

"The new maturity date of the Debentures has been extended to May 31,2023. All other terms of the Debentures remain as previously announced."

https://voyagermetals.com/voyager-metals-extends-its-3-9-million-secured-debentures/


VANADIUM ONE AND GLENCORE ENJOIN TO SUPPORT DEVELOPMENT OF THE MONT SORCIER IRON AND VANADIUM PROJECT • Glencore to assist in arranging funding to deliver Bankable Feasibility study for the Mont Sorcier project •

May 12, 2021 –

With Glencore’s support, we plan to deliver a Bankable Feasibility Study at Mont Sorcier.”. . . Under the terms of the FR Agreement, Glencore will undertake to assist Vanadium One in raising not less than US$10 million, either directly or indirectly, in project financing to support the completion of a Bankable Feasibility study on the Mont Sorcier project. Such funding is to be secured no later than year end 2021.

Glencore is expected to facilitate the arrangement of at least US$8MM of this funding requirement. The structure of such financing remains to be determined through negotiations and on terms acceptable to Vanadium One. 

https://voyagermetals.com/news/2021/VONE-NR-GC.pdf

So if the debenture holder(s) agreed to an extension of the maturity of the debt, does that mean Glencore is still involved ?  Or some other entity will step up to finance the Bankable Feasibility Study ?