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Vanadiumcorp Resource Inc V.VRB

Alternate Symbol(s):  VRBFF

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
Comment by tayjon80on Jun 25, 2014 8:47am
176 Views
Post# 22692405

RE:RE:ROLLBACK "IMMINENT" ? as per Mandate 43-101

RE:RE:ROLLBACK "IMMINENT" ? as per Mandate 43-101Listing on the exchange has certain requirements and the exchange has to approve a lot of activity.   I believe that the exchange must approve a roll-back of the share structure.

That said, I don't know why the report on Lac Dore would be required for that approval....Iron-T has a 43-101 and is likely therefore considered a  property of merit.  I really have no expertise in this though.

VRB needs to raise a $1mln bucks to fund phase 1 and 2 outlined in report, with 170mln outstanding, the share structure is becoming unwieldly.
Bullboard Posts