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Vanadium Resources Ltd.ASX: VR8

Steelpoortdrift update Opex reductions and early cashflow

Sep 12, 2024 at 10:44 PM EDT · Issued by Vanadium Resources Ltd.

Filed with ASX · Sep 12, 2024 at 10:44 PM EDT

On 6ix: 6ix.com/news/steelpoortdrift-update-opex-reductions-and-early-cashflow

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Earlier from Vanadium Resources

  • Vanadium Resources Limited - STEELPOORTDRIFT WATER USE LICENCE APPLICATION APPROVEDAug 9, 2024
  • Over 100% of Phase 1 Production subject to Offtake MOUsMay 12, 2024
  • Additional offtake MOU signed with major VFB producerApr 29, 2024
  • Off-take MOU with large Vanadium nitride producerApr 10, 2024
  • VR8 increases project interest in Steelpoortdrift to 86.49%Nov 14, 2023

Later from Vanadium Resources

  • VR8 to exclusively negotiate EPCF opportunitiesSep 15, 2024
  • Suspension from QuotationFeb 4, 2025
  • Reinstatement to QuotationFeb 11, 2025
  • Convertible Note IssueFeb 11, 2025
  • 1.2MTPA DSO Offtake MOU Signed to Unlock Early Cash FlowJun 16, 2025
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