First Vanadium Corp. Clarifies Disclosure on its Carlin Vanadium Project
First Vanadium Corp. Clarifies Disclosure on its Carlin Vanadium Project
December 21, 2018 ‐ Vancouver, British Columbia – First Vanadium Corp. (formerly Cornerstone Metals
Inc.) (TSX‐V: FVAN) (OTCQX®: FVANF) (FSE: 1PY) ( “First Vanadium” o r t h e “Company”) a t t h e r e q u e s t o f
IIROC, wishes to clarify its discl o s u r e r e g a r d i n g t h e h i s t o r i c Inferred mineral resource and specific wording
disclosed in its December 20, 2018 news release.
The Company has only reported a historical estimate on the Prop erty, no current mineral resource has been
delineated on the property, nor has a technical report supporti ng any current mineral resource been filed. As
s u c h t h e C o m p a n y r e t r a c t s a n y r e f e r e n c e t o t h e C o m p a n y m o v i n g towards the Company filing a technical
report to support an “updated” mineral resource. The Company also retracts any reference to “in‐fill” or
“expansion” drilling of the resource as no current mineral resource has been delineated.
In addition to the disclosure stated in the December 20, 2018 news release related to the historic mineral
resource on the property, it must also be stated that a qualified person has not done sufficient work to
classify the historical estimate as a current mineral resource.
ON BEHALF OF FIRST VANADIUM CORP.
per: "Paul Cowley"
CEO & President
(778) 655‐4311
www.firstvanadium.com
Neither 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.
Technical disclosure in this news release has been reviewed and approved by Paul Cowley, P.Geo., a Qualified Person as
defined by National Instrument 43‐101, and President and CEO of the Company.
Forward‐looking information
Certain statements in this news release constitute "forward‐loo king" statements. These statements relate to future
events or the Company's future performance. All such statements involve substantial known and unknown risks,
uncertainties and other factors which may cause the actual resul t s t o v a r y f r o m t h o s e e x p r e s s e d o r i m p l i e d b y s u c h
forward‐looking statements. Forward‐looking statements involve significant risks and uncertainties, they should not be
read as guarantees of future performance or results, and they w ill not necessarily be accurate indications of whether or
not such results will be achieve d. Actual results could differ materially from those anticipated due to a number of factors
and risks. Although the forward‐looking statements contained in this news release are based upon what management of
the Company believes are reasonable assumptions on the date of this news release, the Company cannot assure investors
that actual results will be consistent with these forward‐looking statements. The forward‐looking statements contained in
this press release are made as of the date hereof and the Company disclaims any intention or obligation to update or
r e v i s e a n y f o r w a r d ‐ l o o k i n g s t a t e m e n t s w h e t h e r a s a r e s u l t o f n ew information, future events or otherwise, except as
required under applicable securities regulations.