Milestone Expands Global IP Footprint As Third-Party Validation Underway

Executive Summary

• VanadiumCorp received an allowance for its Canadian patent application (No. 3,032,329) covering the VanadiumCorp Electrochem Process Technology (VEPT™), upgrading its IP status in Canada from “pending” to “allowed.”
• The VEPT™ process is now patented or allowed in the U.S., South Africa, Australia, India and Canada, with pending applications only in Europe.
• An Australian partner is actively testing the technology, and all laboratory/prototype work continues at Electrochem Technologies & Materials Inc.’s facilities in Québec.

Key Details

• Patent Allowance: Canadian Patent Application No. 3,032,329 for VEPT™ has been allowed, expanding VanadiumCorp’s protected IP portfolio.
• Geographic Coverage: VEPT™ is now patented/allowed in the United States, South Africa, Australia, India and Canada; pending only in Europe.
• Technology Overview: VEPT™ is a hydrometallurgical process that digests vanadiferous titanomagnetite (and other feedstocks) into concentrated sulfuric acid, reduces the solution electrochemically, and recovers ferrous sulfate heptahydrate, titanium hydrolysate, and vanadium products (V₂O₅, VOSO₄).
• Ownership: The technology was invented by Dr. François Cardarelli and is 100 % owned by VanadiumCorp.
• Testing Activity: An Australian company is actively engaged in testing VEPT™; all laboratory and prototype testing are performed exclusively by partner Electrochem Technologies & Materials Inc. at its Boucherville, Québec facilities.
• Strategic Impact: The allowance validates VanadiumCorp’s proprietary approach to sustainable vanadium extraction and strengthens the company’s IP position, supporting future commercialization of the process for vanadium, titanium and iron recovery with reduced environmental impact.

Notable Quotes

“The allowance of our Canadian patent is a pivotal achievement that validates our proprietary approach to sustainable vanadium extraction,” – Kristien Davenport, President & CEO, VanadiumCorp.
“This, combined with the active international testing of VEPT™, underscores the global relevance and potential of our technology.” – Kristien Davenport.