VanadiumCorp Resource Inc. Settles Debt Through Share Issuance

Vancouver, British Columbia — July 3, 2026 — Leads & Copy — VanadiumCorp Resource Inc. (TSX-V: VRB) (FSE: NWNA) (OTCQB: VRBFF) has announced that it has entered into a shares-for-debt settlement agreement with CAUR Technologies Inc. to settle an aggregate of $222,500 of debt. The agreement is contingent upon receipt of approval from the TSX Venture Exchange.

Under the terms of the settlement, VanadiumCorp will issue 1,483,333 common shares at a deemed price of $0.15 per share. This issuance is in accordance with a geophysical services agreement dated October 17, 2024. The shares to be issued will be subject to a statutory hold period of four months and one day from the date of issuance, as required by applicable securities laws.

VanadiumCorp is a Canadian critical metals exploration company holding a 100% interest in two mineral properties located in Québec: the Iron-T Project and its flagship Lac Doré Project. The Company's strategy involves resource development coupled with technological innovation aimed at bolstering the supply of vanadium for various applications. A key focus is on vanadium flow battery electrolyte, which is utilized in large-scale energy storage systems.

In addition to advancing its mineral assets, VanadiumCorp is developing its proprietary VanadiumCorp Electrochem Process Technology (VEPT). This technology is intended to extract vanadium, titanium, and potentially iron from vanadiferous titanomagnetite resources.

The settlement is subject to the approval of the TSX Venture Exchange.

Source: VanadiumCorp Resource Inc.