Dr. Gilles Y. Champagne Appointed Chief Technology Officer and Director of VanadiumCorp
Dr. Gilles Y. Champagne Appointed Chief
Technology Officer and Director of
VanadiumCorp
VANCOUVER
,
Sept. 18, 2019
/CNW/ - VanadiumCorp Resource Inc. (TSX-V: "VRB") (the
"Company") is pleased to announce the appointment of Dr.
Gilles Y. Champagne
as Chief
Technology Officer "CTO" and Director. Dr. Champagne will lead development of new vanadium
energy technologies.
Dr. Champagne, CTO of VanadiumCorp comments: "I am pleased to join VanadiumCorp as the
global need for a sustainable energy storage solution has never been greater. The vanadium redox
flow battery "VRFB" has the potential to revolutionize global power grids with clean energy. With
VanadiumCorp, we can improve battery performance and energy density as well as eliminate the
cost and carbon footprint. We are developing key innovations for critical applications and relevant
solutions for climate change."
Adriaan Bakker
, CEO of VanadiumCorp states: "We welcome Dr. Champagne to lead development
of key technology innovation to reach our commercial objectives. Vanadium is uniquely reusable in
energy storage and we plan to integrate this directly into vanadium redox flow batteries to create the
ultimate clean energy storage solution."
Dr. Champagne holds a Ph.D. in Electrochemistry from the Institute National de la Recherche
Scientifique made in collaboration with the
University of California-Davis
and a Master's degree in the
same field from Sherbooke University. He has over 25 years' experience driving innovations to
market and has held several positions in mature and early-stage companies in
Canada
, the US and
Europe
, structuring organizations, directing technical activities and managing teams that develop and
build energy storage products and analytical equipment. Dr. Champagne's previous position was VP
Engineering and Development at Imergy Power Systems Inc. in Silicon Valley, which was developing
a unique high efficiency, stationary energy storage battery using innovative vanadium "V/V" flow
battery technology. Under his leadership, Imergy delivered its first commercial shipment of vanadium
based ESP units to India Telecom customers.
Prior to joining Imergy, Dr. Champagne was CTO of Nanotecture Ltd, a UK based start-up;
Nanotecture developed nano-structured electrode material and built supercapacitor for truck-start
application. He has held several other key positions including Director of Technology of Avestor Inc
that developed Lithium Vanadium Polymer battery for electric vehicles. Managing Director of EH2 Inc
(Hydrogen technology) and Director of Research and Engineering of ABB Bomen Inc (Industrial FT-
IR spectrometer). He has authored over 40 scientific publications, industrial reports/white papers
and patents.
The Company also announces the resignation of
Marc Kok
from the Board of Directors. Mr. Kok will
continue to act as a consultant to the Company for new vanadium energy technologies.
VanadiumCorp Resource Inc.
is developing dedicated vanadium supply and disruptive technologies
for energy storage with a 100% green mandate. More information on the Company's active projects
and new vanadium energy technologies can be found on The Company's website at
www.vanadiumcorp.com
.
On behalf of the board of VanadiumCorp:
Adriaan Bakker
President and Chief Executive Officer
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in
the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of
this release
.
Cautionary & Forward-Looking Statements
This release contains forward-looking statements. All statements other than statements of present
or historical fact are forward-looking statements, including statements with respect to the
anticipated use of Private Placement proceeds and anticipated receipt of final TSX Venture
Exchange acceptance for the Private Placement. Forward-looking statements include words or
expressions such as "will", "subject to", "expect" and other similar words or expressions. Factors
that could cause future results or events to differ materially from current expectations expressed or
implied by the forward-looking statements include general business, economic, competitive,
political and social uncertainties; the state of capital markets and risks that may impact the
Company's business, operations and financial condition. Although the Company believes that the
expectations reflected in these forward-looking statements are reasonable, undue reliance should
not be placed on them because the Company can give no assurance that they will prove to be
correct. Since forward-looking statements address future events and conditions, by their very
nature they involve inherent risks and uncertainties. Additional information on these and other
factors that could affect the Company's operations and financial results are included in reports on
file with Canadian securities regulatory authorities and may be accessed through the SEDAR
website (
www.sedar.com
). We disclaim any obligation to update or revise these forward-looking
statements, except as required by applicable law.
SOURCE
VanadiumCorp Resource Inc.
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%SEDAR: 00005245E
For further information:
Adriaan Bakker, President and CEO, VanadiumCorp Resource Inc., (TSX-
V: "VRB"), By phone: 1-604-385-4489, By email: [email protected], Website:
www.vanadiumcorp.com
CO: VanadiumCorp Resource Inc.
CNW 10:30e 18-SEP-19