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Mining

VanadiumCorp Resource updates private placement financing

VanadiumCorp Resource Inc (TSX-V:VRB) announced that it has amended its previously announced non-brokered private placement, the proceeds of which will be used for exploration and metallurgical testing on its mineral properties and general corporate purposes.

It said it will issue an additional 700,000 $01.0 flow-through units for total aggregate proceeds, including 1,725,000 $0.08 non-flow-through units and 1,448,000 flow-through units already announced, of $352,800.