Latest News Release

Vanadium One Energy Provides Property Update

VANADIUM ONE ENERGY PROVIDES PROPERTY UPDATE TORONTO, CANADA, March 15, 2017 - Vanadium One Energy Corp. (the “Company”) (TSXV:VONE, FRANKFURT:9VR1), pleased to inform shareholders that it has paid Chibougamau Independent Mines Inc. (TSX VENTURE: CBG) (STUT:CLL) (OTC:CMAUF) the cash payment of $150,000 pursuant to the option agreement for the Mont Sorcier Vanadium-Iron-Titanium project in Roy Township, Quebec, 18 km east of the Town of Chibougamau (as previously disclosed in our news release dated November 8, 2016).

 

The Company has now fulfilled both payment terms of the option agreement and the Company will receive 100% interest in the Mont Sorcier Vanadium-Iron-Titanium project upon spending a minimum of $1 million of exploration in the first 24 months following signature of the agreement. Chibougamau Independent Mines will retain a 2% Gross Metal Royalty on all mineral production from the property.

 

About Vanadium One Energy: Vanadium One Energy is a mineral exploration company located in Burlington, Ontario, Canada. Our mandate is to acquire near-term production exploration mining projects and existing producers which focus specifically on “Energy Minerals” used in the rapidly growing Electro-Voltaic and Battery Storage Technology sector. Vanadium One Energy Corp. is managed by an experienced team of mining professionals with extensive operating and financial experience.

 

ON BEHALF OF THE BOARD OF DIRECTORS OF VANADIUM ONE ENERGY CORP.

 

W. John Priestner President and Chief Executive Officer

 

 

Legal Notice / Disclaimer

 

This document is not and should not be construed as an offer to sell or the solicitation of an offer to purchase or subscribe for any investment.

 

Richard Mills has based this document on information obtained from sources he believes to be reliable but which has not been independently verified.

 

Richard Mills makes no guarantee, representation or warranty and accepts no responsibility or liability as to its accuracy or completeness. Expressions of opinion are those of Richard Mills only and are subject to change without notice. Richard Mills assumes no warranty, liability or guarantee for the current relevance, correctness or completeness of any information provided within this Report and will not be held liable for the consequence of reliance upon any opinion or statement contained herein or any omission.

 

Furthermore, I, Richard Mills, assume no liability for any direct or indirect loss or damage or, in particular, for lost profit, which you may incur as a result of the use and existence of the information provided within this Report.


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