Mr. Paul McGuigan reports

VANADIUMCORP ANNOUNCES A CHANGE TO ITS BOARD OF DIRECTORS

Vanadiumcorp Resource Inc.'s Ian Mallory has resigned as a director and chairman of the board. The company thanks Mr. Mallory for his contribution and wishes him well in his future endeavours.

About Vanadiumcorp Resource Inc.

Vanadiumcorp Resource seeks to produce a reliable stream of high-quality vanadium electrolytes for the expanding international market for long-duration vanadium redox flow batteries (VRFB). The company's initial manufacturing facility is based in Val-des-Sources, Que. Stable, long-term access to vanadium feedstock for the production of electrolytes is assured, success contingent on developing the company's wholly owned vanadium-titanium-iron mineral deposits, including its flagship Lac Dore deposit near Chibougamau, Que. The company's electrolyte plant will also be used to test the quality of future Lac Dore pilot plant outputs and to reprocess electrolytes.

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