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VUL.V ·

Vulcan Minerals Inc. - Annual General Meeting Report

Shareholder Meetings

333 Duckworth Street, St. John's, NL, A1C 1G9

Telephone: (709) 754-3186 Fax: (709) 754-3946, Email: [email protected] Website: www.vulcanminerals.ca

News Release

November 01, 2024

VULCAN MINERALS INC. - ANNUAL GENERAL MEETING REPORT

St. John’s, Newfoundland and Labrador - Vulcan Minerals Inc. (“the Company” -

“Vulcan” TSX -V:VUL) announces that shareholders approved all resolutions at the

annual general meeting of shareholders today in St. John's, NL. All four of the individuals

nominated for the board of directors were elected, being Patrick Laracy, Philip E. Collins,

Fraser Edison and Carson Noel. Shareholders also appointed MNP LLP as its auditor

and approved the company's stock option plan.

About Vulcan

Vulcan Minerals is a precious and base metals exploration company based in St. John's,

NL. The Company has strategic project exposure in multiple active Newfoundland

exploration and development belts. It also owns approximately 30 per cent of the shares

in Atlas Salt Inc. (TSXV: SALT). Atlas Salt is currently developing the Great Atlantic salt

mine in western Newfoundland.

We seek safe harbour.

For information please contact:

Patrick J. Laracy, P.Geo.

CEO and President

(709) 754-3186

[email protected]

www.vulcanminerals.ca

Neither the TSX Venture Exchange nor its Regulation Services Provider, (as the term is defined in the Policies

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

release includes certain “forward-looking information” and “forward-looking statements” (collectively “forward-

looking statements”) within the meaning of applicable Canadian securities legislation. All statements, other

than statements of historical fact, included herein, without limitation, statements relating to the future operating

or financial performance of the Company, are forward-looking statements. Forward-looking statements are

frequently, but not always, identified by words such as “expects”, “anticipates”, “believes”, “intends”,

333 Duckworth Street, St. John's, NL, A1C 1G9

Telephone: (709) 754-3186 Fax: (709) 754-3946, Email: [email protected] Website: www.vulcanminerals.ca

“estimates”, “potential”, “possible”, and similar expressions, or statements that events, conditions, or results

“will”, “may”, “could”, or “should” occur or be achieved. Forward-looking statements in this press release relate

to, among other things: completion, delivery and timing of the referenced exploration program and assumptions

related thereto. Actual future results may differ materially. There can be no assurance that such statements

will prove to be accurate, and actual results and future events could differ materially from those anticipated in

such statements. Forward-looking statements reflect the beliefs, opinions and projections on the date the

statements are made and are based upon a number of assumptions and estimates that, while considere d

reasonable by the respective parties, are inherently subject to significant business, technical, economic, and

competitive uncertainties and contingencies. Many factors, both known and unknown, could cause actual

results, performance or achievements to be materially different from the results, performance or achievements

that are or may be expressed or implied by such forward -looking statements and the parties have made

assumptions and estimates based on or related to many of these factors. Such factors include, without

limitation: the timing, completion and delivery of the referenced assessments and analysis. Readers should

not place undue reliance on the forward-looking statements and information contained in this news release

concerning these times. Except as required by law, the Company does not assume any obligation to update

the forward-looking statements of beliefs, opinions, projections, or other factors, should they change, except

as required by law.