VanadiumCorp grants 900,000 stock options to key personnel

Vancouver, British Columbia, VanadiumCorp Resource Inc., a company advancing critical minerals and precious metals projects in Québec, has announced the grant of 900,000 stock options to certain directors, officers, and consultants. The move is part of the company’s 10% rolling stock option plan, subject to approval by the TSX Venture Exchange (TSXV).

Each of the stock options allows the holder to purchase one common share at a price of $0.10. These options are exercisable for a period of five years, expiring on September 4, 2031. The options vest in two equal installments: 50% vest immediately upon grant, and the remaining 50% vest one year from the grant date.

VanadiumCorp Resource Inc. is currently focused on developing its flagship Lac Doré Vanadium-Iron-Titanium Project, the Iron-T Project, and the Lac Laura Gold-Copper Property in Québec. The company is pursuing a disciplined, staged approach to exploration and development to support North American critical mineral supply chains.

Kristien Davenport, President, Chief Executive Officer, and Director of VanadiumCorp Resource Inc., commented, "This stock option grant is an important step in aligning the interests of our key personnel with those of our shareholders. It reflects our commitment to fostering long-term growth and success."

Forward-looking statements in this release include the grant of stock options and the receipt of any required regulatory approvals. These statements are subject to risks and uncertainties, including the possibility that the necessary regulatory approvals may not be obtained as anticipated or at all.

VanadiumCorp Resource Inc. continues to monitor and manage the risks associated with its projects and operations, ensuring compliance with all relevant laws and regulations.