Date: Mar 22, 2019
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Secova Metals (TSXV: SEK) acquired 100% interest this week in 3,809 hectares of vanadium mineral claims located in three land packages in the eastern Canadian province of Quebec.
In a press release, the Vancouver-based miner said the acquisition, which is a $75,000 arms-length transaction, is aimed at taking advantage of the “hot vanadium market.”
CIBC Mellon has estimated that there will be $35 trillion dollars of global infrastructure projects starting over the next 20 years, which will spark big demand for vanadium.