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Vanadiumcorp Resource Inc V.VRB

Alternate Symbol(s):  VRBFD

VanadiumCorp Resource Inc. is a Canada-based critical metals company. The Company is engaged in the acquisition and exploration of mineral properties in Canada, with a primary focus on the exploration of the Lac Dore and Iron-T Properties in Quebec. The Company produces a stream of quality vanadium electrolytes for Vanadium Redox Flow Batteries (VRFB). The Iron-T Property is located in the Nord-du-Quebec administrative region in the Province of Quebec, approximately 15 kilometers (km) east of Matagami and 780 km northwest of Montreal. The Lac Dore Property is located approximately 27 km east-southeast from the City of Chibougamau, in Eeyou Istchee James Bay Territory, Nord-du-Quebec administrative region, Province of Quebec, Canada. The Lac Dore Project comprises two claim blocks, referred to as Lac Dore Main and Lac Dore North. The Lac Dore Main claims cover an area of 648.82 hectares (Ha), and the Lac Dore North claims cover an area of 4,637.87 Ha.


TSXV:VRB - Post by User

Bullboard Posts
Post by hendrix2on Apr 19, 2013 12:19pm
134 Views
Post# 21275187

I think instead of share dilution, an earn-in

I think instead of share dilution, an earn-in

deal can be made with a reputable bigger company with cash. In speaking to Adrian a short while ago, he had some interested parties but it mean't giving up a percentage of the properties. Apparently he was shot down by Pat in midstream negotiations. I think this was the last straw. A debenture issued for a share in the property (s) is another possibility.

It isn't a particularly good climate for raising money on the Venture exchange right now and I believe some creativity might be in order. Geez, outta breath.   JMO 

Bullboard Posts