Vanadis IPO, page-208

Just listening to Michael Alkin's interview on Palisade Radio. It confirms to me that management of Aura have been very prudent in the way they have run the Coy over the past 5 years of this bear market. They have managed to keep dilution at a minimum while owning 100% of the assets, debt free. During that time, they have still managed to advance Tiris toward production in 2019 and have done a lot of work at Haggan.

I was thinking about the Haggan IPO...when listed, Vanadis will own 100% of Haggan, a massive deposit which has had an extensive amount of drilling and assay work done on it over the past decade. Vanadis will come to market with minimal dilution ... say (175m-200m shares). Think about that for a moment, Vanadis will have 100% of an advanced exploration project in a bull market, with a massive delineated resource, no debt and no meaningful dilution. With a completed scoping study, the value of the Polymetallic deposit will be far more measurable so investors will get maximum exposure to a delineated resource with minimum dilution.

Now the kicker, Aura will own 70-80% of the equity in Vanadis. So, Vanadis gets the project with all the hard work and much of the uncertainty done, without the debt or dilution and Aura can take maximum benefit from a rising Vanadis SP. Vanadis is hugely beneficial to Aura because it is not hindered by years of bearish sentiment and development costs.

With Vanadium going from strength to strength, Vanadis should grab the imagination of investors and gain immediate traction in the market. Crunch the numbers and you can only feel excited by the massive upside potential. Don't let anyone steal your investment, hold tight and where possible, compete for shares to make the games ineffective. GLTAH