Green Giant Vanadium may come alive for NextOn February 8, 2021, the Company announced a US$29.5 million strategic investment by Vision Blue Resources, a newly created battery commodity/resource-focused private investment company founded by Sir Mick Davis. The first private placement was completed on March 15, 2021, and the second private placement was completed on May 19, 2021. The royalty is expected to close by the end of June 2021. The Vision Blue financing package is sufficient to fully fund construction of Phase 1 of the Molo Graphite Mine, the technical study for the Phase 2 Molo expansion to a targeted minimum of 150,000 tpa, the technical study for the construction of the BAF, and a new metallurgical study to advance the Company’s Green Giant Vanadium Project.