Someone(s) saw fit to invest $1M in the Private Placement ..Invested even though VRB failed to file recent finanacials.
Can a company FORGET to file fianacials ???
&%$#
"Vancouver, British Columbia--(Newsfile Corp. - February 3, 2021) - VanadiumCorp Resource Inc. (TSXV: VRB) (OTCBB: APAFF) (FSE: NWN) (the "Company") is pleased to announce that it has closed the second and final tranche of its previously announced financing (the "Private Placement"), see the news releases dated December 31, 2020 and January 5, 2021. The Company issued an aggregate of 1,594,000 units at a price of $0.10 per unit for gross proceeds of $159,400 in the second tranche. Combined with the first tranche of 8,460,000 units for gross proceeds of $840,600 which closed on January 15, 2021, the Company raised aggregate proceeds of $1,000,000 in the Private Placement. The net proceeds of the Private Placement will be used for general working capital."