VRB.V · 2025-12-12 12:00:00

VanadiumCorp Resource Submitted Documents for Final Approval of Financing

Corporate Updates

VanadiumCorp Resource Submitted Documents for Final

Approval of Financing

Vancouver, BC – TheNewswire – December 12, 2025, – VanadiumCorp Resource Inc. (TSX-V: VRB)

(FSE: NWNA) (OTC: VRBFF) ("VanadiumCorp" or the "Company")Further to its Nov.4, 2025, Nov. 13,

2025 and Nov.25, 2025 news releases, the Company announces that it has submitted documents

seeking final approval of its $0.30 Flow-through unit (“FT Units”) private placement financing (the

“Financing”) for aggregate gross proceeds of $700,000.

The Company has issued 2,333,333 $0.30 flow-through units (“FT Units”), each FT Unit consisting of one

flow-through common share (“FT Share”) and one-half of a non-flow-through common share purchase

warrant (“FT Warrant”), each full FT Warrant being exercisable at $0.45 for 18 months from the date of

issue.

In connection with the closing of the Financing, the Company has paid cash finders’ fees totaling

$49,000 and issued 163,333 non-transferable broker warrants, in accordance with Exchange policies.

The Company will use an amount equal to the gross proceeds received by the Company from the sale of

the FT Units, pursuant to the provisions in the Income Tax Act (Canada), to incur eligible “Canadian

exploration expenses” that qualify as “flow-through mining expenditures” and, where applicable, “flow-

through critical mineral mining expenditures” as both terms are defined in the Income Tax Act (Canada)

(the “Qualifying Expenditures”) on or before December 31, 2026, and to renounce all the Qualifying

Expenditures in favor of the subscribers of the FT Units effective December 31, 2025. Prior to closing, the

Company obtained the required Critical Minerals Exploration Tax Credit (CMETC) Prescribed Form,

certifying that the Qualifying Expenditures intended to qualify as flow-through critical mineral mining

expenditures will be incurred pursuant to an exploration plan that primarily targets Critical Minerals (as

defined in the Income Tax Act (Canada), including vanadium.

All securities issued pursuant to the Financing are subject to a 4-month hold.

The Financing is subject to final Exchange approval.

About VanadiumCorp Resource Inc.

VanadiumCorp is a Canadian critical metals exploration company that owns100% of two strategic

properties in Québec: the Iron-T Project and its flagship Lac Doré Project. As it develops its mining

assets, the company is also advancing its proprietary VanadiumCorp Electrochem Process

Technology (“VEPT”), which is designed to extract vanadium, titanium, and potentially high-grade iron

from vanadiferous titanomagnetite resources.

This dual approach—developing strategic mineral resources while innovating extraction technology—

aims to support a reliable supply of critical metals for applications such as electrolyte production for

Vanadium Flow Batteries (VFBs), a key solution for large-scale energy storage.

On behalf of the Board of VanadiumCorp Resource Inc.

“Kristien Davenport”

President, CEO and Director

VANADIUMCORP RESOURCES INC.

For more information, please visit the company website www.vanadiumcorp.com

Neither the TSX Venture Exchange nor its Regulation Services Provider (as defined in the policies of the

TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.