VANADIUM RESOURCES LIMITED — Investor Presentation 2022

Jun 21, 2022

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22 June 2022
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VR8 TO PRESENT IN MULTIPLE BATTERY METAL WEBINARS

“ VANADIUM RESOURCES LTD (ASX:VR8) ( VR8” OR “THE COMPANY”), is developing its Tier 1 Steelpoortdrift Vanadium project in Limpopo, South Africa. VR8 is currently conducting a Definitive Feasibility Study (“ DFS ”) to undertake mining operations and to construct a concentrator and salt roast plant, potentially capable of initially producing 12,500tpa of V2O5 flake at an estimated capex of US$200M [1] . The Company is pleased to invite shareholders and investors to attend the Kalkine Media ASX Battery Metals Invest Nest Webinar and the Dr Eva Reuter IR Live Web-Conference, where the Company will be presenting on its battery metal prospects in anticipation of the world transitioning to green energy.

The webinars will be hosted via Zoom on:

From Sydney, Australia

on Thursday, 23 June at 14:30 pm AEST / 12:30 pm AWST / 06:30 am CEST (Hosted by Kalkine)

From Frankfurt, Germany

on Thursday, 23 June at 13:00 pm CEST / 21:00 pm AEST / 19:00 pm AWST (Hosted by Dr. Eva Reuter IR)

VR8’s CEO, Mr Eugene Nel , will present the Company and the battery metal prospects of the Steelpoortdrift Project.

Details of how to attend will be provided upon registration. To register your interest for the webinar/webconference, please make use of the links below:

Kalkine: https://kalkinemedia.com/webinar/register/81844788294

Dr Eva Reuter IR : e.reuter@dr-reuter.eu

After registering your interest, you will receive a confirmation email with information about joining the webinar. Participants will be able to submit questions via the Panel throughout the presentation, however, given we are expecting many attendees, we encourage shareholders to send through questions via email beforehand to contact@vr8.global

Vanadium Resources Limited (ASX.VR8) Suite 7, 63 Shepperton Road, Victoria Park, WA 6101 Australia +61-8 6158 9990 • contact@VR8.global • www.VR8.global

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Kalkine Webinar Agenda:

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14:30 AEST – 14:35 AEST – Company Intro by James Preston

14:35 AEST – 14:55 AEST – Vanadium Resources Ltd Presentation

14:55 AEST – 15:00 AEST – Q&A Session

15:00 AEST – 15:20 AEST – Arcadia Minerals Ltd Presentation

15:20 AEST – 15:25 AEST – Q & A Session

15:25 AEST – 15:45 AEST – Raiden Resources Ltd Presentation 15:45 AEST – 15:50 AEST – Q & A Session

To view a promo video ahead of the Kalkine webinar click here

Dr. Eva Reuter IR Web-Conference Agenda:

13:00 CEST – 13:05 CEST - Welcome and short introduction to the topic of battery metals

13:05 CEST – 13:20 CEST – Arcadia Minerals Presentation

13:20 CEST – 13:35 CEST – Evolution Energy Minerals Presentation 13:35 CEST – 13.50 CEST – SunMirror Presentation

13.50 CEST – 14.05 CEST – Vanadium Resources

This announcement has been authorised for release by the Board of Vanadium Resources Limited.

For further information please contact:

Jurie H. Wessels

Executive Chairman

VANADIUM RESOURCES LIMITED

jurie@lexrox.co.za

DISCLAIMER

Some of the statements to be made at the web-conferences described in this announcement may be forward-looking statements. You should be aware that such statements are only predictions and are subject to inherent risks and uncertainties. Those risks and uncertainties include factors and risks specific to the industries in which VR8 operates and proposes to operate as well as general economic conditions, prevailing exchange rates and interest rates and conditions in the financial markets, among other things. Actual events or results may differ materially from the events or results expressed or implied in any forward-looking statement. No forward-looking statement is a guarantee or representation as to future performance or any other future matters, which will be influenced by a number of factors and subject to various uncertainties and contingencies, many of which will be outside VR8’s control.

The Company does not undertake any obligation to update publicly or release any revisions to these forward-looking statements to reflect events or circumstances after today's date or to reflect the

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occurrence of unanticipated events. No representation or warranty, express or implied, is made as to the fairness, accuracy, completeness or correctness of the information, opinions or conclusions contained in the presentations and Q&A sessions. To the maximum extent permitted by law, none of VR8, its directors, employees, advisors or agents, nor any other person, accepts any liability for any loss arising from the use of the information relayed during the web conferences. You are cautioned not to place undue reliance on any forward-looking statement. The forward-looking statements in this announcement reflect views held only as at the date of the presentation and webinar/web-conference.

This announcement and the attendance of the webinars is not an offer, invitation, or recommendation to subscribe for, or purchase securities by the Company. Nor does this announcement or the contents of the statements at the web-conferences constitute investment or financial product advice (nor tax, accounting, or legal advice) and is not intended to be used for the basis of making an investment decision. Investors should obtain their own advice before making any investment decision.

The material to be presented at the webinar also contains a disclaimer, which you should also consider and pay attention to.

Competent Persons Statement and Previously Reported Information

1The Company confirms that the form and context in which a Competent Person’s previous findings, as referenced in footnotes 1, refer ASX announcement dated 22 June 2021 “ Steelpoortdrift PFS delivers superior results ”, as announced in previously and presented in this announcement have not been materially modified from the original market announcements.

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