American Vanadium Corp.: Grant of Options to Directors
AMERICAN VANADIUM CORP. ('American Vanadium? or the 'Company?) (TSX.V:
AVC) (OTC: AVCVF.PK) reports that it granted a total of 300,000 options
at the exercise price of $0.74 each to its directors. The stock options
are granted pursuant to the Company′s Stock Option Plan, as amended and
are for a term of five years from the date of grant.
About American Vanadium Corp.
American Vanadium is currently developing the Gibellini Project, a
vanadium deposit located in Nevada, USA. Vanadium is a critical alloying
metal used to strengthen steel and is also growing in importance in
emerging uses such as mass energy storage and next generation
lithium-vanadium batteries. The Company′s Gibellini Project is unique in
its design to economically produce vanadium pentoxide for the steel and
alloying industries, as well as vanadium electrolyte for the mass
storage industry. A positive Feasibility Study and updated
National Instrument 43-101 Technical Report on the Gibellini Project
have been completed by AMEC E&C Services, Inc. in 2011.
ON BEHALF OF THE BOARD
Bill Radvak, President and CEO
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.
Bill Radvak, President & CEO
Phone:
(604) 488-5417
Email: bradvak@americanvanadium.com
or
Mike
Hyslop, Director, Corporate Development
Phone: (604) 488-8795
Email:
mhyslop@americanvanadium.com
Web
site: www.americanvanadium.com