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Dr. G.Y. Champagne joins Advisory Board of VanadiumCorp

Management Changes

Dr. G.Y. Champagne joins Advisory Board of VanadiumCorp

TSX-V: "VRB"

VANCOUVER, Feb. 21, 2017 /CNW/ - VanadiumCorp Resource Inc. (TSX-V: "VRB") (the "Company") is

pleased to announce Dr. Gilles Y. Champagne has joined the advisory board of VanadiumCorp. Gilles

currently works as senior consultant in energy storage in Europe where demand for Vanadium Redox

Flow Batteries is high.

Dr. Champagne has over 25 years' experience driving innovations to market and has held several

positions in mature and early-stage companies in Canada, the US and Europe, structuring organizations,

directing technical activities and managing teams that develop and build energy storage products and

analytical equipment. Dr. Champagne's previous position was VP Engineering and Development at

Imergy Power Systems Inc. in Silicon Valley, which was developing a unique high efficiency, stationary

energy storage battery using innovative vanadium "V/V" flow battery technology. Under his leadership,

Imergy delivered its first commercial shipment of vanadium based ESP units to India Telecom customers.

Prior to joining Imergy, Dr. Champagne was CTO of Nanotecture Ltd, a UK based start-up; Nanotecture

developed nano-structured electrode material and built supercapacitor for truck-start application. He has

held several other positions including Director of Technology of Avestor Inc (Lithium Polymer battery for

electric vehicle), Managing Director of EH2 Inc (Hydrogen technology) and Director of Research and

Engineering of ABB Bomen Inc (Industrial FT-IR spectrometer).

Dr. Champagne holds a Ph.D. in Electrochemistry from the Institute National de la Recherche Scientifique

made in collaboration with the University of California-Davis and a Master's degree in the same field from

Sherbooke University. He has authored over 40 scientific publications, industrial reports/white papers and

patents.

VanadiumCorp is an emerging battery materials company with a vision of developing a vertically

integrated "mine to technology" supply stream to commercialize vanadium batteries in North America.

VanadiumCorp is currently developing direct production technology to process it's 100% owned NI 43-101

VTM resources. The market opportunity is significant as North America has no current primary producer

of vanadium or VE. Eliminating the need for conventional roasting of VTM has allowed for the

consideration of a highly efficient and environmentally friendly process for VE. VE represents 100%

reusable battery material.

Dr. Champagne comments: "The energy storage sector is fascinating and the potential promise is huge.

The Vanadium redox flow battery has the potential to revolutionize the way we manage our global power

grids, providing more value to customers. As the storage industry matures, improved battery

performances contribute to lowering cost. With as much as 40% of the battery cost being for the

vanadium electrolyte alone, VanadiumCorp expertise and offering is quite compelling for worldwide

industry."

More information on company activities and vanadium redox batteries, including global installations, can

be found on The Company's website at 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.

SOURCE VanadiumCorp Resource Inc.

To view this news release in HTML formatting, please use the following URL:

http://www.newswire.ca/en/releases/archive/February2017/21/c1225.html

%SEDAR: 00005245E

For further information: Adriaan Bakker, President and Chief Executive Officer at 604-385-4485 or

[email protected]

CO: VanadiumCorp Resource Inc.

CNW 11:02e 21-FEB-17