VanadiumCorp Announcements

VanadiumCorp wishes to announce that it has applied to the TSX Venture Exchange (the “Exchange”) for acceptance to amend the terms of an aggregate of 13,418,699 common share purchase warrants (the “Warrants”) issued pursuant to a non-brokered private placement (the “Private Placement”) which closed on April 8,2017. These Warrants will be amended by extending the expiry date of the Warrants to April 8, 2020.

VanadiumCorp and its Board of Directors are pleased to announce the following corporate updates: Management’s recommendations approved by shareholders at the AGM / The Company welcomes Mr. Sokhie Puar to the board of VanadiumCorp / Stock Option Update

VanadiumCorp and Electrochem have signed a Patent Option Agreement for Ultra to purchase an exclusive license. Ultra plans to utilize the Australian license of "VEPT" to expedite construction of the world’s first dedicated vanadium processing facility.

VanadiumCorp is pleased to announce that the British Columbia Securities Commission, as principal regulator, has revoked a cease trade order previously issued on June 11, 2018 (the “CTO”).

VanadiumCorp announces that it has obtained a technical report entitled “Geological Report for the Lac Dore Vanadium Deposits, Quebec, Canada” dated October 11, 2018, prepared by B. Terrence Hennessey, P.Geo., of Micon International Ltd.

The TSX Venture Exchange has consented to the extension in the expiry date of Vanadiumcorp Resource Inc.’s warrants.