Vulcan Minerals Inc. – Participates in Red Moon Private Placement

News Release

November 06, 2015

Vulcan Minerals Inc. – Participates in Red Moon Private Placement

St. John’s Newfoundland and Labrador - Vulcan Minerals Inc. (“the Company” - “Vulcan” TSX-V: VUL) announces that it intends to participate in a private placement by Red Moon Potash Inc (TSX-V:RMK) in an amount up to $200,000 consisting of 4,000,000 units at $0.05 per unit consisting of one common share and one half common share purchase warrant with each whole warrant exercisable into one common share at a price of $0.10 for a period of two years following closing.

Red Moon is engaged in the exploration and delineation of a salt/potash deposit in western Newfoundland. Red Moon has hired geological consulting firm APEX Geoscience Ltd. to prepare a National Instrument 43-101 mineral resource estimate for the Captain Cook salt deposit on its behalf (see press release October 14, 2015). The Company currently owns approximately 65% of the outstanding shares in Red Moon and a 3% royalty on the project lands.

Vulcan is a diversified junior exploration company with mineral exploration and petroleum interests in Newfoundland and Labrador.

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release. This release may contain certain forward-looking statements. Actual events or results may differ from the Company’s expectations. Certain risk factors beyond the Company’s control may affect the actual results achieved. Accordingly, readers are advised not to place undue reliance on forward-looking information. Except by law, the Company undertakes no obligation to publicly update or revise forward-looking information.

For information please contact:

Patrick J. Laracy, President (709) 754-3186 [email protected] www.vulcanminerals.ca

333 Duckworth Street, St. John's, NL, A1C 1G9 Telephone: (709) 754-3186 Fax: (709) 754-3946, Email: [email protected], Website: www.vulcanminerals.ca