VR8 6.45% 2.9¢ vanadium resources limited

Ann: Proposed issue of securities - VR8, page-19

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    7F.01 The purpose(s) for which the entity is issuing the securities
    Funds towards progressing FEED, complete additional technical work & critical pathways to construction and grow the
    operations team as the Company moves towards FID
    7F.1 Will the entity be changing its dividend/distribution policy if the proposed issue proceeds?
    7F.2 Any other information the entity wishes to provide about the proposed issue
    Refer to ASX Announcement dated 03 May 2023, Strategic investment and grant of limited exclusivity to enter into offtake.
    7F.3 Any on-sale of the +securities proposed to be issued within 12 months of their date of issue will comply with
    the secondary sale provisions in sections 707(3) and 1012C(6) of the Corporations Act by virtue of:
    The publication of a cleansing notice under section 708A(5), 708AA(2)(f), 1012DA(5) or 1012DAA(2)(f)

    Stategic investment and grant of limited exclusivity to enter into offtake---heres our new partner!!!!
 
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