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VUL.V ·

Vulcan Minerals Reports Voting Results from the Annual General and Special Meeting of Shareholders

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

December 02, 2021

Vulcan Minerals Reports Voting Results from the

Annual General and Special Meeting of Shareholders

St. John’s, Newfoundland and Labrador, December 0 2, 2021 – Vulcan Minerals Inc. (the

“Company” or “Vulcan” - TSXV: VUL) announces that all resolutions presented at the

December 01, 2021 annual general and special meeting of shareholders were approved including

the election of directors. The Company thanks its shareholders and their intermediaries for their

support and assistance. Detailed results of the election of directors and meeting resolutions are

shown in the table below.

RESOLUTION FOR WITHHELD RESULT

Fixing the number of Directors at four 31,273,094 15,200 Approved

(99.95%)

Election of the following Directors:

Patrick Laracy 31,271,394 16,900 Elected (99.95%)

Philip E. Collins 31,271,394 16,900 Elected (99.95%)

Fraser Edison 31,265,194 23,100 Elected (99.93%)

Carson Noel 31,265,194 23,100 Elected (99.93%)

Appointment of PricewaterhouseCoopers

as Auditors

31,288,294 0 Approved

(100.00%)

Approve the Stock Option Plan 31,131,694 156,600 Approved

(99.50%)

Approve the amendment to the By Laws

Regarding shareholder meeting quorum

31,215,394 72,900 Approved

(99.77%)

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

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

About Vulcan

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

Newfoundland. The company has strategic land positions in multiple active Newfoundland gold

exploration and development belts. It also holds approximately 38% of the shares in Atlas Salt

Inc. (TSXV: SALT) (formerly Red Moon Resources Inc.). Atlas Salt is an industrial minerals

company that is carrying out a feasibility analysis on its Great Atlantic Salt deposit. It also

produces gypsum from its Ace Mine and owns the mineral rights to the Fischell’s Brook salt dome

and other strategic salt claims. These Atlas’s projects are in western Newfoundland.

We seek safe harbour.

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, P .Geo.

President

(709) 754-3186

[email protected]

www.vulcanminerals.ca