Production Technology and Supply Agreement 8th December 2016 VanadiumCorp News Releases TSX-V: “VRB” Download PDF… VANCOUVER, BRITISH COLUMBIA – December 8th, 2016 – VanadiumCorp Resource Inc. (TSX “VRB”) (the “Company”) is pleased to announce the completion of an agreement with Enscitech Ltd. (“Enscitech”) for first right of refusal “FROR” for patented “WAVE” technology and additional FROR for exclusive supply of vanadium bearing flyash from the Alberta oil sands. Enscitech is located in Calgary Alberta, Canada and is working on clean initiatives within the oil sands industry to convert waste from the oil sands into low cost vanadium electrolyte “VE” for vanadium redox flow batteries “VRFB”. The “WAVE” (Waste Ash to Vanadium Electrolyte) process recovers high purity vanadium from oil sands to help Canada meet energy storage and renewable energy mandate. First phase testing has now commenced and is funded in part by the Canadian government. Enscitech is has also initiated development of their vanadium electrolyte pilot plant, which would facilitate Alberta’s climate change commitment by reducing wastes from the oil sands industry and transforming them into 100% reusable VE battery material. Enscitech has acquired initial supply for testing purposes grading up to 7% V2O5. VanadiumCorp’s FROR ensures this supply and future supply acquisition is WPBakery Page Builder secured for testing and eventual sale. Adriaan Bakker, CEO of Vanadiumcorp states, “Low cost VRFB energy storage is an obvious solution for 292 remote, off grid communities in Canada burning an average of 10,000 tonnes of carbon from diesel fuel every year. Already competitive with lithium on a levelized cost basis, VRFBs could see further cost reduction with stable low cost VE production possible in Canada.” On behalf of the board of VanadiumCorp: Adriaan Bakker, President and Chief Executive Officer For more information, contact VanadiumCorp: John Hewlett, Director, Business Development By phone: 604-560-8251 By email: email@example.com Website: www.vanadiumcorp.com Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. Share This Tweet Share Share Email Related Posts PacificOre releases master thesis on Iron-T project PacificOre Mining Corp. has released the results of a master thesis entitled, "Vanadium mineralization in the Archean-layered Bell River complex, Matagami, Quebec." This master degree under the supervision of Prof. M. Jebrak, PhD, and Prof. N. Goulet, PhD, is obtained from the Departement des Sciences de la Terre et de l'Atmosphere de l'Universite du Quebec a Montreal. Dr. Christian Derosier, PacificOre's vice-president of exploration, was one of the members of the examination committee. VanadiumCorp Announces Non-Brokered Private Placement Vanadiumcorp Resource Inc. is pleased to announce a non-brokered private placement of up to 7,272,727 non-flow-through units (“Units”) at a price of C$0.055 per Unit; and up to 5,333,333 flow-through units (“FT Units”) at a price of C$0.075 per FT Unit sold on a "flow-through" basis pursuant to the Income Tax Act (Canada) Aggregate gross proceeds total approximately C$800,000 (the “Offering”). Recovery of Vanadium Electrolyte, Vanadium Oxides and Phase II Expansion VanadiumCorp is pleased to announce direct and consistent recovery of vanadium electrolyte “VE”, vanadium oxides and titanium and the expansion of VanadiumCorp-Electrochem Technology.