American Vanadium Purchases Mining Claims
AMERICAN VANADIUM CORP. (the 'Company?) (TSX.V: AVC) (Pink
Sheets: RMRCF) is pleased to announce that it has entered into an arm′s
length agreement with Vanadium International Corp. to purchase certain
mining claims located in Eureka County, Nevada. As part of the purchase
price, the Company will issue 25,000 common shares of the Company to
Vanadium International Corp., subject to the approval of the TSX Venture
Exchange.
About American Vanadium Corp.
American Vanadium is currently developing the Gibellini Vanadium
Project, a vanadium resource located in Nevada, USA. Vanadium is a
critical alloying metal used to strengthen steel and is also growing in
importance in the emerging uses of mass energy storage and next
generation lithium-vanadium batteries. The Company′s Gibellini Vanadium
Project is unique in its ability to have economic production of vanadium
for the steel and alloying industries as well as vanadium electrolyte
for the mass storage industry.
ON BEHALF OF THE BOARD
'Bill Radvak?
Bill Radvak, President and CEO
Forward-Looking Statement
Some statements in this report contain forward-looking information.
These statements include, but are not limited to, statements with
respect to future exploration, expenditures, transactions and
financings. These statements address future events and conditions and,
as such, involve known and unknown risks, uncertainties and other
factors which may cause the actual results, performance or achievements
of to be materially different from any future results, performance or
achievements expressed or implied by the statements. Such factors
include, among others, risks related to actual results of exploration
activities, the timing and amount of expenditures and the completion of
transactions and financings.
NEITHER TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS
THAT TERM IS DEFINED IN POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS
RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.
American Vanadium Corp.
Mike Hyslop, Director, Corporate
Development
Phone: 604-488-8795
Email: mhyslop@americanvanadium.com