Ms. Kristien Davenport reports

VANADIUMCORP AMENDS PRIVATE PLACEMENT FINANCING

Further to its Feb. 26, 2025, news release, due to changes in regulations and tariff uncertainty between Canada and the United States, Vanadiumcorp Resource Inc. is amending its private placement financing to include up to 3,846,153 13-cent flow-through units and up to 2,727,727 11-cent non-flow-through units for aggregate gross proceeds of up to $800,000.

Each NFT unit consists of one non-flow-through common share and one common share purchase warrant, with each unit warrant being exercisable at 15 cents for three years from the date of issue. Each FT unit consists of one flow-through common share of the company and one-half non-flow-through common share purchase warrant, with each full FT warrant being exercisable to purchase one non-flow-through common share of the company at 15 cents for three years from the date of issue.

The company will use an amount equal to the gross proceeds received by the company from the sale of the FT units, pursuant to the provisions in the Income Tax Act (Canada), to incur eligible Canadian exploration expenses that qualify as flow-through mining expenditures, as both terms are defined in the Income Tax Act (Canada), on or before Dec. 31, 2025, and to renounce all the qualifying expenditures in favour of the subscribers of the FT units, effective Dec. 31, 2025.

The company has filed documents with the TSX Venture Exchange seeking conditional approval of the financing and approval to close a first tranche for gross proceeds of $160,000, and to issue 1,454,545 units to arm's-length subscribers.

The company may pay finders' fees in cash and warrants bearing the same terms as the unit warrants. All shares issued pursuant to the financing and any shares issued through the exercise of warrants will be subject to a four-month hold from the closing date. The financing is subject to TSX-V approval.

Net proceeds from the financing will be used for exploration and metallurgical testing on the company's wholly owned mineral properties, electrolyte plant and general corporate purposes.

About Vanadiumcorp Resource Inc.

Vanadiumcorp Resource is a Canadian critical-metals exploration company owning 100 per cent of two strategic properties in Quebec: the Iron T property and the flagship Lac Dore property. The company is advancing innovative technologies to extract vanadium-titanium, and potentially high-grade iron, from its vanadiferous titanomagnetite projects. The successful implementation of these technologies is expected to ensure a stable, long-term supply of the company's critical-metals deposits, which includes vanadium feedstock for its inaugural electrolyte production facility situated in Val-des-Sources, Que. This electrolyte plant will serve a dual purpose: evaluating the quality of outputs from the Lac Dore pilot plant and facilitating the recycling of electrolyte. Furthermore, the company intends to expand its production of electrolytes for the international market, specifically for long-duration vanadium flow batteries (VRBs).

We seek Safe Harbor.