VanadiumCorp Announces Appointment of Director Marc Kok
VanadiumCorp Announces Appointment of
Director Marc Kok
VANCOUVER
,
May 21, 2019
/CNW/ - VanadiumCorp Resource Inc. (TSX-V: "VRB") (the
"Company") is pleased to announce the appointment of Mr.
Marc Kok
to the Board of Directors of
VanadiumCorp.
"We are pleased to welcome Marc to VanadiumCorp's Board of Directors" stated
Adriaan Bakker
,
The Company's President and Chief Executive Officer. "Marc brings a wealth of experience and
established networks in engineering, construction and integration of energy storage and renewable
energy sectors. His aligned vision with VanadiumCorp is to combine the best resources,
technologies, expertise and end users to establish the complete value chain required to mass
commercialize vanadium based energy storage globally."
Mr. Kok is the founder and current CEO of Redo Holding B.V.B.A., in Nazareth Belgium which
operates two subsidiary companies in
Germany
:
1
.
Forschungsinstitut Redoflow GMBH which is developing and commercialising redox flow battery
systems.
2
.
Privates Forschunsginstitut Power Storage GMBH which develops lithium-ion Battery systems.
VanadiumCorp Resource Inc
is an integrated technology and mining Company focused on
developing the exclusive supply chain for vanadium based energy storage and emerging technologies
that utilize vanadium. VanadiumCorp is focused on commercializing the most efficient and sustainable
recovery method to produce vanadium with jointly developed process technology. VanadiumCorp
also holds a significant vanadium-titanium-iron bearing resource base in mining friendly
Quebec,
Canada
including the 100% owned Lac Dore Project adjacent to Blackrock Metals Inc. and the
100% owned Iron-T Project near the Glencore Matagami (Zinc-Copper) Mine.
Vanadium Redox Flow Batteries (VRFB, VRB)
are containerized, long duration, non-flammable,
compact, reusable over infinite cycles and last more than 20 years. Most batteries use two
chemicals that change valence (or charge or redox state) and cross contaminate and thus degrade
over time. VRBs utilize multiple valence states of vanadium as a single element to store and release
charge. VRBs consist of two tanks of vanadium electrolyte that flow adjacent to each other past a
membrane and generate a charge by moving electrons back and forth during charging and
discharging. This battery offers unlimited energy capacity simply by using larger electrolyte storage
tanks. It can be left completely charged for long periods without losing power and maintenance is
much simpler than other batteries. The unique advantage to separate power and energy also
provides significant advantages over competing technologies. With sustainably produced
VanadiumCorp ElectrolyteTM, the carbon footprint of the VRB is remarkably low.
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.
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: 604-385-4489, By email: [email protected], Website:
www.vanadiumcorp.com
CO: VanadiumCorp Resource Inc.
CNW 20:59e 21-MAY-19