Australian Vanadium (ASX:AVL) welcomes substantial shareholder Resource Capital Funds

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.