VERTICAL EXPLORATION INC - CVVRF STOCK NEWS

Vertical Exploration Inc. (TSXV:VERT) has signed an NDA with Mineraux Mart Inc. for further testing and development of industrial and agricultural products using its premium grade wollastonite. The company also provided an update on its operations, partnerships, and certifications achieved in 2023.

Vertical Exploration Inc. (TSXV:VERT) has closed a private placement of 9,460,000 units at $0.05 per unit, generating gross proceeds of $473,000. Each unit includes one common share and one transferable common share purchase warrant. The company also paid cash finder's fees and issued Finder's Warrants. The offering is subject to TSX Venture Exchange final acceptance and aims to fund the St. Onge project in Quebec, research and development, and general working capital.

Vertical Exploration Inc. (TSXV:VERT) announces a non-brokered private placement of up to 9,460,000 units at $0.05 per unit, raising $473,000 in gross proceeds. Each unit consists of one common share and one transferable common share purchase warrant, with an acceleration clause if the trading price reaches $0.25 for ten consecutive days. The proceeds will be used for the St. Onge project in Quebec, research and development, working capital, and unallocated funds.

Vertical Exploration Inc. provides updates on collaborations for the development of premium wollastonite products.

Vertical Exploration Inc. has announced the appointments of Mr. Ian Turner and Ms. Nicole Huybens to its Advisory Board. Mr. Turner brings extensive experience in the mining sector, having developed high purity quartz mines, and previously managed significant mining operations. He co-founded Sitec Quartz Inc., which focused on quartz use in engineered countertops, and has expertise in Quebec's mining industry.

Ms. Huybens, with a Ph.D. in social communication, has a background in sustainable development and will support the company's environmental initiatives, particularly at the St-Onge wollastonite mine. CEO Peter P. Swistak expressed optimism about their contributions to maximizing partnerships and revenue opportunities as the company moves forward.

Vertical Exploration Inc. has received OMRI approval for its Global Wollastonite Agricultural Calcium Silicate from its St-Onge quarry in Quebec. This accreditation applies in both Canada and the USA for recognized agricultural categories, enhancing opportunities for partnerships and revenue. OMRI, established in 1997, certifies products for organic farming compliance. The listing confirms that Vertical's product meets Canadian and USDA organic standards, facilitating its use in certified organic farming. The company anticipates increased demand and revenue from this recognition.