Kendrick Resources PLC announced that it expects to receive £0.5 million in funding from Sanderson Capital Partners Limited

Kendrick Resources Plc is a mineral exploration and development company building vanadium, nickel and copper battery metal projects in Scandinavia. The Company’s projects are a portfolio of early to advanced stage exploration projects covering a combined area of 658 square kilometers (km2) in Scandinavia. Its projects include Airijoki and Koitelainen vanadium projects in Sweden and Finland, respectively, and the Espedalen nickel copper project in Norway. The other projects are Sweden-the Njuggtraskliden and Mjovattnet exploration, and Sweden-the Kullberget, Simesvallen and Sumassjon exploration projects in Sweden (collectively the Central Sweden Project). The Airijoki Project lies within the Vittangi Greenstone Group of northern Sweden. The Koitelainen Vosa Project comprises a single granted exploration permit ML2018:0097 that covers an area of 13.72 km2. The Espedalen Project lies over 50 kilometers (km) north of Lillehammer and 170 km north of Oslo in southern central Norway.