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VANADIUM RESOURCES LIMITED Capital/Financing Update 2018

May 14, 2018

Capital/Financing Update

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Tando Resources Limited (ASX:TNO) hereby advises the following pursuant to Listing Rule 3.10A:

that 2,636,250 (pre share split) fully paid ordinary shares are due to be released from escrow on 25 May 2018; and
that 2,040,000 (pre share split) fully paid ordinary shares are due to be released from escrow on 12 June 2018.

For and on behalf of the board: Mauro Piccini Company Secretary

6559 1792