Vanadium One Energy Announces Private Placement Financing

TORONTO, ON / ACCESSWIRE / February 1, 2017 /┬áVanadium One Energy Corp. (VONE.V) (9VR1.F) (the “Company”), is pleased to announce a non-brokered private placement financing to raise up to $900,000 (the “Offering”). The Offering is anticipated to be structured as a best efforts private placement comprised of 7,500,000 units (“Units”) of the Company at a price of $0.12 per Unit to raise aggregate proceeds of up to $900,000. Each Unit will consist of one common share in the capital of the Company and one common share purchase warrant. Each warrant will entitle its holder to purchase one additional common share at an exercise price of $0.25 for a period of 24 months from the closing date of the private placement.

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