VanadiumCorp Resource Inc. C ease Trade Order
VanadiumCorp Resource Inc. C
ease Trade Order
VANCOUVER, BRITISH COLUMBIA, March 2
4
, 2021
–
VanadiumCorp Resource Inc. (TSX
VENTURE:”VRB”) (OTCQB:”VRBFF”) (FRANKFURT:”NWN”) (the “Company”)
wishes to announce a
Cease Trade Order (CTO) has been issued by the
British Columbia
Securities Commission (BCSC),
as principal
regulator,
as a result of the Company’s failure to file its annual audited financial statements for the year ended
October 31, 2
020 (the “2020 Financials”) and the accompanying management’s discussion and analysis
(“MD&A”) year ended October 31, 2020, and the Certification of annual and interim filings (“AIF”) year ended
October 31, 2020, on or before the prescribed filing deadline
as required under applicable Canadian securities
legislation.
For further information on the circumstances surrounding the CTO please see the Company’s news
release dated March 9, 2021.
Upon revocation of the
Cease Trade Order, the Company's shares will
remain suspended until the Company
meets TSX Venture Exchange requirements.
Members are prohibited from trading in the securities of the
companies during the period of the suspension or until further notice.
About VanadiumCorp Resource Inc.
VanadiumCorp is
an integrated green technology company with strategic vanadium mineral deposit assets.
VanadiumCorp is focused on commercializing disruptive technologies to process mineral concentrates, produce
and regenerate vanadium battery electrolytes sustainably, an
d construct next
-
generation vanadium redox flow
-
battery “VRFB” systems. VRFBs are 100% green technology from mine or waste to battery when
hydrometallurgical processes produce the vanadium source commodity. (See VanadiumCorp’s 100% owned &
patented “VEPT”
green process technology).
Proven VRFB technologies improve renewable energy efficiencies by storing temporary energy surpluses and
feeding them back into the electrical grid as required. VanadiumCorp also wholly owns one of the largest and
metallurgically
favourable vanadium mineral deposits in the world, located in mining
-
friendly Quebec, Canada.
On behalf of the board of VanadiumCorp:
Adriaan Bakker
President and Chief Executive Officer
For more information:
Adriaan Bakker,
President and CEO, VanadiumCor
p Resource Inc. (TSX
-
V: “VRB”)
By phone: 1
-
604
-
385
-
4489
By email:
Website:
www.vanadiumcorp.com
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.
TSX
-
V: “VRB”