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VANADIUM RESOURCES LIMITED Share Issue/Capital Change 2021

Nov 30, 2021

66018_rns_2021-11-30_a8d02f08-29b4-47dc-b93a-280e1ec36c32.pdf

Share Issue/Capital Change

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1 December 2021

EXPIRY OF UNLISTED OPTIONS

Vanadium Resources Limited (ASX: VR8, ‘Company’ or Vanadium) advises that the following unlisted options have lapsed in accordance with the terms of their issue.

Number of unlisted options	Exercise Price	Expiry date
562,500	$0.053	1 December 2021

The capital structure of the Company following the expiry and issue is as follows:

	Number	Class
Securitiesquoted on the ASX	473,112,374	Fully paid ordinaryshares
Securitiesnotquoted on the ASX	9,625,000	Class A Performance Rights
Securitiesnotquoted on the ASX	4,000,000	Class B Performance Rights

For and on behalf of the board:

Kyla Garic Company Secretary

Vanadium Resources Limited (ASX.VR8)

7/63 Shepperton Road Victoria Park, WA 6100 Australia 08 6158 9990 • [email protected] • www.VR8.global