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AUSTRALIAN VANADIUM LIMITED Capital/Financing Update 2017

May 1, 2017

64471_rns_2017-05-01_f0718a52-5c29-49c0-8a19-1e0c12562db8.pdf

Capital/Financing Update

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----- Start of picture text ----- Australian Vanadium provides strategyupdate through Proactive Investors----- End of picture text -----

Australian Vanadium’s Managing Director Vincent Algar discusses AVL’s vertical integration strategy with Proactive Investors.

In this interview, the Company provides a short update on its battery metals strategy.

You can watch Vincent’s interview by accessing the link available on the AVL website at www.australianvanadium.com.au

Click on “Australian Vanadium in the News”

For more information, please contact AVL on (08) 9321 5594.

02.05.2017 ASX ANNOUNCEMENT

Australian Vanadium Limited

ASX: AVL FRA: JT7.F

ABN: 90 116 221 740

T: +61 8 9321 5594 F: +61 8 6268 2699 E: [email protected]

W: australianvanadium.com.au

Street Address:

Level 1, 85 Havelock Street Perth WA 6005

Postal Address:

Level 1, 85 Havelock Street Perth WA 6005

Projects:

Gabanintha - Vanadium Blesberg,South Africa - Lithium/Tantalum Nowthanna Hill – Uranium/Vanadium

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