VR8 2.33% 4.4¢ vanadium resources limited

Ann: VR8 interest in Tier 1 Vanadium project increases to 73.95%, page-9

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  1. 6,805 Posts.
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    There's no extra cost to VR8 :

    "Vanadium Resources Ltd (ASX:VR8) (“VR8” or “the Company”), the developer of the Tier 1 Steelpoortdrift Vanadium Project (“Project”) in Limpopo, South Africa, is pleased to announce that it has received approval from the South African Government to receive transfer of an interest of 23.95% in the Project, thereby increasing VR8’s interest in the Steelpoortdrift Project to 73.95%. The increase in ownership comes at no cost to VR8, given all consideration shares for the acquisition of the asset were issued in September 2019."

    All IMHO, DYOR
 
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