VanadiumCorp Resource Gets Final Approval, Closes Private Placement Financing

Vancouver, BC – TheNewswire – May 11, 2026 – VanadiumCorp Resource Inc. (TSX ‑ V: VRB) (FSE: NWNA) (OTC: VRBFF) (the “Company” or “VanadiumCorp”) further to its news releases dated April 6, 2026, April 15, 2026, and May 7, 2026 announces that it has received final approval from the TSX Venture Exchange to close of its non ‑ brokered private placement financing (the “Financing”).   The Company has issued 1,308,333 $0.12 units, for $157,000 in a second tranche closing for a total of 5,291,666 $0.12 units issued in two (2) tranches, and total aggregate gross proceeds of $635,000 . Each unit consists of one common share of the Company and one common share purchase warrant, with each warrant being exercisable at a price of $0.22 per share for a period of two years from the date of issue, subject to the right of the Company to accelerate the exercise period to 30 days if, after the expiry of the 4-month hold, shares of the Company close at or above $0.50 for 10 consecutive trading days.