The newswire.caThe newswire.ca

VanadiumCorp Resource Submitted Documents for Final Approval of Financing

Refinitiv2 min read

(TheNewswire)

    Vancouver, BC – TheNewswire –December 12, 2025, – VanadiumCorp ResourceInc. (TSX-V: VRB) (FSE: NWNA)
    VRBFF ("VanadiumCorp" or the
    "Company") Further to its Nov.4, 2025,Nov. 13, 2025 and Nov.25, 2025 news releases, the Company announcesthat it has submitted documents seeking final approval of its $0.30Flow-through unit (“FT Units”) private placement financing (the“Financing”) for aggregate gross proceeds of $700,000.  

    The Company has issued 2,333,333 $0.30 flow-through units(“FT Units”), each FT Unit consisting of one flow-through commonshare (“FT Share”) and one-half of a non-flow-through common sharepurchase warrant (“FT Warrant”), each full FT Warrant beingexercisable at $0.45 for 18 months from the date of issue.

    In connection with the closing of the Financing, theCompany has paid cash finders’ fees totaling $49,000 and issued163,333 non-transferable broker warrants, in accordance with Exchangepolicies.

    The Company will use an amount equal to the grossproceeds received by the Company from the sale of the FT Units,pursuant to the provisions in the Income Tax Act (Canada), to incureligible “Canadian exploration expenses” that qualify as“flow-through mining expenditures” and, where applicable,“flow-through critical mineral mining expenditures” as both termsare defined in the Income Tax Act (Canada) (the “QualifyingExpenditures”) on or before December 31, 2026, and to renounce allthe Qualifying Expenditures in favor of the subscribers of the FTUnits effective December 31, 2025. Prior to closing, the Companyobtained the required Critical Minerals Exploration Tax Credit (CMETC)Prescribed Form, certifying that the Qualifying Expenditures intendedto qualify as flow-through critical mineral mining expenditures willbe incurred pursuant to an exploration plan that primarily targetsCritical Minerals (as defined in the Income Tax Act (Canada),including vanadium.

    All securities issued pursuant to the Financing aresubject to a 4-month hold.

    The Financing is subject to final Exchange approval.

    About VanadiumCorp ResourceInc.


    VanadiumCorp is
    a Canadian critical metals exploration company that owns 100% of two strategic properties in
    Québec: the Iron-T Project and
    its flagship Lac Doré
    Project. As it develops
    its mining assets, the company is also advancing its proprietary
    VanadiumCorp Electrochem
    Process Technology (“VEPT”), which is
    designed to extract vanadium,
    titanium, and potentially high-grade iron from
    vanadiferous titanomagnetite resources.


    This dual approach—developing strategic mineral
    resources while innovating extraction technology—aims to support a
    reliable supply of critical metals for applications such as
    electrolyte production for
    Vanadium Flow Batteries (VFBs), a key solution
    for large-scale energy storage.


    On behalf of the Board of VanadiumCorp Resource
    Inc.


    “Kristien Davenport”


    President, CEO and Director


    VANADIUMCORP RESOURCES INC.


    For more information, please visit the company
    website  www.vanadiumcorp.com

    Email: info@vanadiumcorp.com      

    Neither the TSX Venture Exchange nor its RegulationServices Provider (as defined in the policies of the TSX VentureExchange) accepts responsibility for the adequacy or accuracy of thisrelease.

    Copyright (c) 2025 TheNewswire - All rights reserved.

    Login or create a forever free account to read this news