Vanadiumcorp Resource (TSE:VRB) has released an update.
Don’t Miss TipRanks’ Half-Year Sale
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
VanadiumCorp Resource Inc. is set to raise $600,000 through a non-brokered private placement, offering up to 15 million units at $0.04 each, with additional purchase options via warrants. The funds are earmarked for general corporate purposes and to further exploration and testing at the Lac Doré mineral project in Québec. The financing awaits TSX Venture Exchange approval and will be subject to a customary four-month hold period.
For further insights into TSE:VRB stock, check out TipRanks’ Stock Analysis page.