Toronto, Ontario--(Newsfile Corp. - June 29, 2017) - Vanadium One Energy Corp. (TSXV: VONE) (FSE: 9VR1) (the "Company"), is pleased to announce the appointment of Mr. Patrick D. O'Brien, ICD.D, MIoD to its Board of Directors.
Mr. O'Brien is a widely recognized and respected leader in the Canadian junior mining sector and one of the few experts in the world knowledgeable in the area of the Company's claims regarding vanadium. Currently Mr. O'Brien is CEO and Chairperson of Junior Mining Incorporated, Executive Editor/Chairperson juniormining.com, CEO/Founder of RockStar Capital Corporation, and CEO/Chairperson of Paymaster Mining Corporation. Mr. O'Brien is a Certified Corporate Director (ICD.D designation) and Member of the Institute of Corporate Directors; and a full member of the Institute of Directors (MIoD designation), Pall Mall, England.
Mr. O'Brien has more than 25 years of Senior Corporate Management and Board of Directors experience having served as Chairperson, and Committee Chair. Patrick championed the successful roll-out of two IPOs on the TSX Venture Exchange. For one, he achieved and maintained Tier 1 Status for more than 21 years, had it appointed to the inaugural junior market index, and qualified it for trading on the United States OTCQX platform.
Mr. O'Brien, served 21 years as the CEO of what is currently known as VanadiumCorp Resource Inc., and during his tenure acquired a substantial 865 sq. km. mineral claim/permit assemblage in the heart of the Raglan Nickel-Copper-PGM camp in northern Quebec. His ambitious activities in the area led to an extensive staking rush, tens of millions of dollars of exploration in the region, and a new nickel mine being opened and acquired by a Chinese conglomerate for several hundred million dollars. Under Mr. O'Brien, VRB was able to sell to the Chinese and shift its sights onto Chibougamau, Quebec.
Following the Raglan camp sale, Mr. O'Brien continued as CEO/Chairperson of VanadiumCorp, and solidly established his presence within the Canadian Vanadium industry with the surprise staking of more than 800 sq. kms of key mineral claims in the heart of the Chibougamau, Quebec gold-copper mining camp. Like the Raglan, with Mr. O'Brien and VRB's presence, the Chibougamau camp came alive and again a staking rush ensued. Pat's ambitious early staking program in Chibougamau led to VanadiumCorp owning many coveted exploration assets of merit.
Mr. O'Brien then followed up the Chibougamau acquisitions with what many thought was impossible. His research led him to conclude that for some reason, perhaps error, the highly coveted "21 K-claims" as they are known, hosting what is recognized as the world-renown Lac Dore Vanadium Deposit, were about to come open. The Lac Dore was discovered by the Quebec government and was a crown asset for approximately 50 years. Mr. O'Brien successfully led the company to gain VanadiumCorp's title to the Lac Dore claims. Mr. O'Brien is also the person who negotiated and concluded the acquisition of the Quebec based Iron-T Vanadium deposit, and controlled the large staking campaign to extend the Iron-T.
In 2009, Mr. O'Brien requested that his lead geologist, who had also spearheaded the ground staking of the Lac Dore and Lac Dore North in 2007 for VanadiumCorp, proceed to research and scope out the nearby Mont Sorcier deposit. At the recommendation of the geologist, VanadiumCorp proceeded to stake a significant portion of the 270 million tonne Mont Sorcier Vanadium-Iron Deposit. The entire Mont Sorcier deposit is now a key asset of Vanadium One Energy Corp. and lies next to the VandiumCorp deposit. As a result of his earlier due diligence, Mr. O'Brien has extensive knowledge of the Company's Mont Sorcier Vanadium Project and considers it a valuable asset.
John Priestner, CEO of Vanadium One Energy commented, "We welcome Pat O'Brien to the board. Pat is well recognized as a leader in the Vanadium community and we look forward to drawing on his expertise as the Company moves towards securing an offtake agreement in the vanadium battery space."
About Vanadium One Energy Corp.:
Vanadium One Energy is a mineral exploration company located in Burlington, Ontario, Canada. Our primary focus is to acquire "near-term production" exploration mining projects and existing producers and processors. Vanadium One Energy Corp. is managed by an experienced team of mining professionals with extensive operating and financial experience.
ON BEHALF OF THE BOARD OF DIRECTORS OF VANADIUM ONE ENERGY CORP.
W. John Priestner
President and Chief Executive Officer
Cautionary Note Regarding Forward-Looking Statements:
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
This news release contains "forward-looking information" including statements with respect to the future exploration performance of the Company. This forward-looking information involves known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements of the Company, expressed or implied by such forward-looking statements. These risks, as well as others, are disclosed within the Company's filing on SEDAR, which investors are encouraged to review prior to any transaction involving the securities of the Company. Forward-looking information contained herein is provided as of the date of this news release and the Company disclaims any obligation, other than as required by law, to update any forward-looking information for any reason. There can be no assurance that forward-looking information will prove to be accurate and the reader is cautioned not to place undue reliance on such forward-looking information.