Company Overview
Nevada Vanadium Mining Corp. is a prominent Canadian reporting issuer, proudly holding a 100% interest in the Gibellini Vanadium Project located in Nevada, United States. Our focus is on advancing the Gibellini Project, which represents a significant opportunity in the vanadium mining sector.
Recent Developments
Postponement of Annual General and Special Meeting
On July 9, 2024, Nevada Vanadium Mining Corp. announced the postponement of its Annual General and Special Meeting of Shareholders, initially scheduled for July 10, 2024. The meeting will now be held on July 23, 2024, at 10:30 a.m. Vancouver Time, at the offices of MLT Aikins LLP, located at 2600 – 1066 West Hastings Street, Vancouver, British Columbia. This meeting will cover key items including the election of directors and the consideration of an arrangement transaction with Flying Nickel Mining Corp., which proposes to acquire all outstanding shares of Nevada Vanadium.
Increase in Private Placement
On April 29, 2024, Nevada Vanadium Mining Corp. announced an increase in its non-brokered private placement, now aiming to raise gross proceeds of $420,000 through the sale of 7,000,000 units at $0.06 per unit. Each unit consists of one common share and one share purchase warrant, which allows the holder to purchase additional shares at $0.08 per share within three years from closing. Insiders are expected to subscribe for a substantial portion of this private placement. Proceeds will support project advancement, working capital, and general corporate purposes.
About Nevada Vanadium Mining Corp.
Nevada Vanadium Mining Corp. is committed to the development of the Gibellini Vanadium Project in Nevada, which stands as a cornerstone of our strategy. As a reporting issuer in Canada, we are dedicated to providing transparency and value to our shareholders while advancing our project through strategic initiatives and prudent financial management.
For further information, please visit our website at www.nevadavanadium.com or contact our Investor Relations team at info@nevadavanadium.com.
