Resource Capital Funds (RCF) has increased its interest in Australian Vanadium (ASX:AVL) to over 5% of the voting shares in the company.
Australian Vanadium is progressing the Australian Vanadium Project and working to secure funding for the project.
RCF is a global mining-focused alternative investment firm that partners with companies to help them grow and produce superior returns for all stakeholders.
Australian Vanadium's share price is up 11.43% at 1:13pm AEST.