VanadiumCorp Resource Files for Final Approval, Closes Private Placement Financing

Vancouver, BC – TheNewswire – May 7, 2026 – VanadiumCorp Resource Inc. (TSX ‑ V: VRB) (FSE: NWNA) (OTC: VRBFF) (the “Company” or “VanadiumCorp”) further to its news releases dated April 6, 2026 and April 15, 2026, announces that it has filed documents with the TSX Venture Exchange seeking final approval of its previously announced non ‑ brokered private placement financing (the “Financing”).   Pursuant to the Financing, the Company has issued a total of 5,291,666 $0.12 units in two (2) tranches, for 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.