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TLO 5.37 +5.7% BNKR 4.88 +1.7% GG 2.25 +3.2% MJS 0.100 +5.3% PAAS 62.54 +3.6% PE 0.230 +0.0% SGML 17.19 +4.8% LAR 10.34 −1.1% NED 0.025 +0.0% GEN 0.080 +0.0% TVI 0.060 +0.0% SKYG 0.025 −37.5% WRLG 0.660 +6.5% FFU 0.120 −7.7% LOD 0.310 +3.3% CBI 0.110 +0.0% TLO 5.37 +5.7% BNKR 4.88 +1.7% GG 2.25 +3.2% MJS 0.100 +5.3% PAAS 62.54 +3.6% PE 0.230 +0.0% SGML 17.19 +4.8% LAR 10.34 −1.1% NED 0.025 +0.0% GEN 0.080 +0.0% TVI 0.060 +0.0% SKYG 0.025 −37.5% WRLG 0.660 +6.5% FFU 0.120 −7.7% LOD 0.310 +3.3% CBI 0.110 +0.0%
M&A / Property Neutral

Vatic Ventures corrects headline from June 12 news

Vatic Ventures clarifies its Namibia uranium deal as TSXV trading resumes with the stock holding flat at $0.03 per share.

By The Northwire Desk — AI Analysis Jun 12, 2026 · 16:25 VCV Vatic Ventures Corp.
Executive Summary
  • Vatic Ventures Corp. issued a correction on June 12, 2026, to amend the headline of a prior release to accurately state "Conditional Approval of Acquisitions and Trading to Resume."
  • The correction references the April 16, 2026 announcement regarding the acquisition of rights to earn interests in two uranium properties (Zoya and Galore) in Namibia from Velvet Clean Energy Corp.
  • Transaction terms remain unchanged: issuance of 7,500,000 shares at a deemed price of $0.025 per share to Velvet shareholders, subject to a 4-month hold and 3-year TSXV escrow.
  • Trading is expected to resume on June 16, 2026, following TSXV conditional acceptance.
  • The company also confirmed that a previously announced share consolidation will not proceed.
Material Impact
  • The release is a clerical correction to a headline and does not introduce new financial, operational, or strategic data.
  • The underlying acquisition transaction was already disclosed in April 2026 and has been subject to TSXV review. The correction merely ensures accurate public disclosure.
  • Trading resumption is a procedural administrative step that was already anticipated by the market.
  • There is no change to the company's balance sheet, asset portfolio, or near-term catalysts. The impact on the stock price and fundamental outlook is neutral.
VCV · Price
Company Overview
  • Vatic Ventures Corp. is a micro-cap mineral exploration company focused on acquiring and developing strategic exploration assets.
  • Flagship project: Option rights to earn interests in the Zoya (EPL 8289) and Galore (EPL 8735) uranium properties located in the Erongo Uranium Province of Namibia.
  • The properties are situated less than 50km from Swakopmund and are contiguous with major producing mines, including Rossing and Husab.
  • A February 2023 corporate presentation previously highlighted lithium pegmatite concessions in Brazil and a copper prospect in Namibia, but recent corporate activity and management commentary have shifted focus to uranium exploration in Namibia.
Read the original news release →

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