Mr. Paul McGuigan reports

VANADIUMCORP OPENS EUROPEAN OFFICE IN FRANKFURT AM MAIN, GERMANY

Vanadiumcorp Resource Inc. has recently established an office in Frankfurt am Main to facilitate the sales of vanadium electrolyte to the European energy storage market and to evaluate potential electrolyte production locations in Germany and other parts of the European Union. As part of this effort, the company is conducting a scoping study to evaluate constructing an electrolyte plant in Germany.

The proposed operation aims to produce four million litres of vanadium electrolyte annually. This would contribute to the European energy market by providing 76 megawatt-hours of energy storage using VFB technology every year. To ensure that the proposed project is sustainable and cost-effective, the company is conducting a life cycle cost analysis with the objective of locating an industrial site that can offer favourable synergies to the company's operations. Additionally, the company is actively seeking a suitable partner(s) in the European Union to support its proposed activities in the region.

The new Vanadiumcorp office is in the financial district at Grosse Gallusstrasse 16-18 Frankfurt, Germany.

About long-duration energy storage and vanadium electrolyte

Long-duration energy storage (LDES) is critical for decarbonizing the electrical grid and energy shifting. The VFB is a unique technology that can operate indefinitely with inexpensive maintenance. Electrolytes are the most significant cost component of the VFB energy storage system.

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 flow batteries (VFB). 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 the flagship Lac Dore deposit near Chibougamau, Que.

We seek Safe Harbor.