Funding Update - Warrant Exercise

Funding Update - Warrant Exercise

VANCOUVER, BRITISH COLUMBIA – April 4, 2018. VanadiumCorp Resource Inc. (TSX-V : "VRB") (the

"Company") is pleased to report that it has received $337,018 CDN from the exercise of 5,524,545 share

purchase warrants with exercise prices ranging between $0.06 and $0.10 CDN.

About VanadiumCorp

VanadiumCorp Resource Inc. is an innovative process technology and mining company dedicated to

commercializing new methods to sustainably recover critical metals. The energy of tomorrow will be

radically different than the past. Innovation will prove essential to meeting the world's growing energy

needs sustainably. Vanadium electrolyte is the key to sustainable energy storage and the wide-spread

deployment of renewable energy. VanadiumCorp-Electr ochem Process Technology is the world's first

environmentally sustainable, high-yield, high-efficiency process for recovering vanadium, titanium and

iron from virtually any vanadium-bearing source, including waste. VanadiumCorp also holds a significant

vanadium-titanium-iron bearing resource base in mining friendly Quebec, Canada.

For more information, contact VanadiumCorp:

Adriaan Bakker, President, CEO

By phone: 604-385-4489

By email: [email protected]

Website: www.vanadiumcorp.com

On behalf of the board:

Adriaan Bakker,

President and Chief Executive Officer

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the p olicies of the TSX Venture Exchange)

accepts responsibility for the adequacy or accuracy of this release.

TSX -V: “VRB”