Wednesday, July 23 2014 1:32 PM EDT2014-07-23 17:32:01 GMT
Ukraine is preparing a departure ceremony for the bodies of victims of the Malaysia Airlines disaster, which are being flown to the Netherlands.Full Story >
Two planes carrying 40 coffins bearing victims of the downed Malaysia Airlines Flight 17 landed Wednesday in the southern city of Eindhoven, and pro-Russian rebels shot down two fighter jets in Ukraine's restive east...Full Story >
Wednesday, July 23 2014 12:23 PM EDT2014-07-23 16:23:08 GMT
Dozens of Palestinian families trapped by clashes between Hamas militants and Israeli troops are scrambling to flee a southern Gaza Strip neighborhood as Israel reported that two more of its soldiers have died in...Full Story >
Israeli troops battled Hamas militants on Wednesday near a southern Gaza Strip town as the top U.S. diplomat reported progress in efforts to end fighting that has so far killed more than 680 Palestinians and 34 Israelis.Full Story >
Vancouver, BC / ACCESSWIRE / May 8, 2014 /AMERICAN VANADIUM CORP. (“American Vanadium” or the “Company”) (TSX.V: AVC) (OTCQX: AVCVF) is pleased to report that it has closed the second tranche of non-brokered private placement announced on February 24, 2014 (the “Private Placement”). It has issued a total of 2,500,000 units at the price of CDN$0.40 per unit (a “Unit”) for gross proceeds to the Company of CDN$1,000,000. The Company has issued an aggregate of 12,500,000 units for total gross proceeds of CDN$5,000,000 from the two tranches of the Private Placement.
Each Unit issued pursuant to the Private Placement consists of one common share in the capital of the Company (a “Common Share”) and one-half of one warrant exercisable at $0.60 (“Warrant”). Each whole Warrant entitles the holder thereof to purchase one Common Share (a “Warrant Share”) at a price of $0.60 until May 8, 2016.
The net proceeds of the Private Placement will be used for mine design, environmental permitting, general working capital and for sales and marketing activities of the CellCube vanadium redox flow batteries.
The Company paid a finder’s fee of 6% cash and the issued 6% Warrants on Units sold to certain subscribers.
All securities issued in connection with the Private Placement will be subject to a statutory hold period of four months plus a day from the date hereof in accordance with applicable securities laws.
About American Vanadium Corp.
American Vanadium is an integrated energy storage company that markets and sells GILDEMEISTER’S CellCube vanadium redox flow batteries in North America. American Vanadium is developing the only vanadium mine in the United States, providing a critical source of vanadium electrolyte for CellCube energy storage systems. The Company’s Gibellini Vanadium Project, located in Nevada, is being designed to economically produce vanadium electrolyte for the energy storage industry, as well as vanadium products for the steel and alloying industries.
ON BEHALF OF THE BOARD
Bill Radvak, President and CEO
For further information, please contact: Dan Schieber, Director, Corporate Finance
(604) 681-8588 X 106
Wednesday, July 23 2014 8:10 AM EDT2014-07-23 12:10:49 GMT
A man walked into the Engine 5 firehouse in Over-the-Rhine Wednesday morning, saying he was shot. He was transported to University of Cincinnati Hospital Medical Center but his identity and conditionFull Story >
A man walked into the Engine 5 firehouse in Over-the-Rhine Wednesday morning, saying he was shot.Full Story >
Monday, July 21 2014 8:22 AM EDT2014-07-21 12:22:54 GMT
State officials issued an ultimatum at East Fork State Park last month, saying swimming in the lake is at your own risk. The Ohio Department of Natural Resources found the lake to have 3,000%Full Story >
State officials issued an ultimatum at East Fork State Park last month, saying swimming in the lake is at your own risk. Full Story >