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File: Attachment 2020-03-11 TRANSACTION CLOSED  & AGM.pdf

                                                                                                                   TSX
--->-V: "VRB"


                      Iron-T Vanadium Project Transaction Closed and AGM
VANCOUVER, BRITISH COLUMBIA, March 11, 2020   VanadiumCorp Resource Inc. (TSX-V: "VRB") (the
"Company") is pleased to announce further to the new release titled "Definitive agreement signed for
acquisition & secured offtake for VanadiumCorp's Iron -T Project" dated October 30th, 2019, the transaction has
been closed.

The Company intends to file a Notice of Meeting and Record Date within the next 45 days as the Company
does not meet Exchange Policy 3.2, section 4.1 with respect to holding an AGM within 15 months.

On behalf of the board of VanadiumCorp:
Adriaan Bakker
President and Chief Executive Officer
For more information contact:

Adriaan Bakker,
President and CEO, VanadiumCorp Resource Inc. (TSX-V: "VRB")
By phone: 604-385-4489
By email: ab@vanadiumcorp.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. VanadiumCorp confirms the Definitive agreement is an arm'
--->s length transaction and
there are no common directors or officers between the Companies.