Ms. Kristien Davenport reports

VANADIUMCORP ANNOUNCES BOARD CHANGES TO SUPPORT STRATEGIC GROWTH AND WELCOMES DR. JAMES TANSEY TO THE BOARD OF DIRECTORS

Vanadiumcorp Resource Inc. has appointed Dr. James Tansey to its board of directors, effective July 21, 2025. Dr. Tansey brings extensive experience in impact investing, and his appointment aligns with Vanadiumcorp's strategic focus on critical metals, sustainable mining and renewable energy.

Dr. Tansey currently serves as the founding chief executive officer of Carbon Done Right Developments Inc. and was previously the founder and CEO of Naturebank Asset Management, where he led landmark carbon credit initiatives, including the Great Bear Rainforest project and the first carbon-neutral Olympic Games (Vancouver 2010). His expertise aligns directly with Vanadiumcorp's commitment to low-carbon operations and renewable energy.

In addition to his leadership in carbon markets, Dr. Tansey has played a pivotal role in advancing critical mineral technologies. As a founding adviser to Syniad Innovations, he has supported the commercialization of low-energy nickel extraction and advanced materials -- key technologies for the clean energy transition and sustainable mining.

Dr. Tansey's extensive experience in environmental, social and governance, and policy, includes service on the B.C. Clean Energy Advisory Task Force, the Federal Social Finance Committee and advisory roles with the United Nations Environment Programme. His insights into indigenous partnerships, sustainable finance and stakeholder engagement will further strengthen Vanadiumcorp's board oversight.

"Dr. Tansey's expertise will be instrumental as we move forward. We are confident that his insights will strengthen our board and support our long-term vision," said Kristien Davenport, chief executive officer and president of Vanadiumcorp.

The company also announces the resignation of Brian Gusko from the board of directors, effective July 16, 2025. The company thanks Mr. Gusko for his contributions and wishes him well in his future endeavours.

About Vanadiumcorp Resource Inc.

Vanadiumcorp is a Canadian critical metal exploration company owning 100 per cent of two strategic properties in Quebec: the Iron T 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 metal deposits, which include vanadium feedstock for electrolyte production. Its initial electrolyte facility, located in Val-des-Sources, Que., will serve a dual purpose: evaluating the quality of the outputs and facilitating the initial production of electrolytes. Furthermore, the company intends to expand its production of electrolytes for the international market, specifically for long-duration vanadium flow batteries.

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