Received by email:

File: 2015-07-22 Private placement.docx



VanadiumCorp Arranges Non-Brokered Private Placement

VANCOUVER, BRITISH COLUMBIA - July 22, 2015 - Vanadiumcorp Resource Inc. (TSX-V: "VRB") (the "Company") is pleased to 
--->announce a non-brokered private placement of up to 12,500,000 units ("Units") at a price of C$0.04 per Unit for a tota
--->l of C$500,000 (the "Offering"). Each Unit shall consist of one common share of the Issuer and one share purchase warr
--->ant ("Warrant"). Each full Warrant will entitle the holder to acquire one common share of the Issuer at a price of C$0
--->.06 for a period of 36 months following the closing date of the Offering. All securities issued pursuant to the placem
--->ent will be subject to a hold period of four months and one day from the date of closing. Proceeds from the Placement 
--->will be used for VanadiumCorp's Lac Dore Preliminary Economic Assessment "PEA" currently underway and exploration work
---> on the Company's Chibougamau Copper-Gold Projects. The financing is not available to insiders of the Company and the 
--->Placement is subject to regulatory approval.

FOR MORE INFORMATION CONTACT: 
Adriaan Bakker, President and Chief Executive Officer - Direct: 604-385-4485 

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.