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StocksUpdated•Originally published 16 April 2026•Updated 17 April 2026•

1 min read

VanadiumCorp and Vortex Metals Advance Financing Procedures via TSX Exchange

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Key Facts

1VanadiumCorp received conditional approval from the TSX Venture Exchange for a private placement financing.

2The financing consists of up to 5,833,333 units at $0.12 per unit, aiming to raise aggregate gross proceeds of up to $700,000.

about 2 months ago

Version History

Version 1about 2 months ago

What changed: Added information regarding Vortex Metals Inc. requesting a 30-day extension to close the second tranche of its private placement at $0.05 per unit.

VanadiumCorp Resource Inc. has secured conditional approval from the TSX Venture Exchange for a private placement aiming to raise up to $700,000, having already closed its first tranche at $0.12 per unit. Concurrently, Vortex Metals Inc. announced a 30-day price protection extension to finalize the second tranche of its non-brokered private placement. The units for the Vortex Metals offering are priced at $0.05 per unit, with the company intending to complete the closing within the next few weeks. These developments highlight ongoing efforts by junior mining firms to secure essential liquidity through equity markets. Both companies plan to utilize the proceeds to support strategic initiatives and general corporate purposes within their respective mining portfolios.