VanadiumCorp Board Change

TSX-V: “VRB”

VanadiumCorp Board Change

VANCOUVER, BRITISH COLUMBIA – February 14, 2015 – Vanadiumcorp Resource Inc.

(TSX-V: “VRB”) (the "Company") wishes to announce Tom Peregoodoff, independent director of Vanadiumcorp Resource Inc., has resigned.

"On behalf of the Company and our board, we are extremely appreciative of Mr. Peregoodoff's contribution through a transitional time of the company. We wish him all the success in his future endeavours and in his new position as CEO at Peregrine Diamonds," stated Adriaan Bakker, president and chief executive officer of VanadiumCorp.

For further information, contact Adriaan Bakker, President and Chief Executive Officer or Tim Halyk, Business Development at 604-385-4485 or [email protected]

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 Resource Inc. Suite #711 675 West Hastings Street, Vancouver, BC, V6B 1N2, Canada Direct:604.385.4489 Facsimile:604.685.3764 Website www.vanadiumcorp.com