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AUSTRALIAN VANADIUM LIMITED Capital/Financing Update 2019

Aug 25, 2019

64471_rns_2019-08-25_738a517e-eba0-48ce-b736-3fe7aff83d5c.pdf

Capital/Financing Update

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26 August 2019

ASX Market Announcements ASX Limited 20 Bridge Street Sydney NSW 2000

Despatch of Share Purchase Plan Offer Documents

Australian Vanadium Limited confirms that he Offer Booklet and Application Form for its Share Purchase Plan have been despatched to eligible shareholders today.

Yours sincerely

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N J Bassett Company Secretary

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AUSTRALIAN VANADIUM LIMITED — Capital/Financing Update 2019

64471_rns_2019-08-25_738a517e-eba0-48ce-b736-3fe7aff83d5c.pdf

Despatch of Share Purchase Plan Offer Documents

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AUSTRALIAN VANADIUM LIMITED Capital/Financing Update 2019