VanadiumCorp Updates Vanadium Energie Nordique with Independent Assessment of Electrolyte Pilot Plant; Evaluates Recommissioning and Partnership Opportunities

VanadiumCorp Resource Inc. (VRB) announced the completion of an independent engineering assessment by Seneca Experts-Conseils Inc. of its vanadium electrolyte pilot facility in Val-des-Sources, Québec. The assessment concluded that the facility is in good condition and identified the necessary work required for potential recommissioning.

The company currently holds approximately 13,000 litres of high-purity vanadium electrolyte available for immediate product testing and technology demonstrations. To support these efforts, Vanadium Énergie Nordique Inc. (VEN) was established in November 2025 as the dedicated vehicle for electrolyte development and strategic partnership discussions. The release explicitly separates the electrolyte initiative from the exploration of the Lac Doré Vanadium-Iron-Titanium Project.

Next steps for the initiative include reviewing feedstock sourcing, working capital requirements, product qualification, and commercialization activities.

An independent assessment has provided technical validation that VanadiumCorp Resource Inc.’s (VRB) pilot plant is not a total write-off, a finding that mitigates the risk of asset impairment following prior operational delays and rent arrears. The company currently holds 13,000 litres of electrolyte, a tangible asset that supports its downstream strategy by offering potential for OEM testing and partnership negotiations.

However, the update does not provide a timeline for recommissioning, a signed partnership, or an immediate capital injection. The requirement for working capital to restart operations directly conflicts with the company’s stated liquidity crisis, going concern warning, and $1.34 million working capital deficit. This development serves as a logical follow-up to previous operational disclosures and does not alter the fundamental risk profile or near-term monetization timeline.

VanadiumCorp Resource Inc. (VRB) is a critical minerals exploration and development company focused on vanadium for long-duration energy storage. Its flagship asset is the Lac Doré Vanadium-Iron-Titanium Project located in the Chibougamau mining district of Québec. The company also operates a downstream initiative through Vanadium Energie Nordique (VEN), a pilot plant in Val-des-Sources, Québec, which produces vanadium redox flow battery (VRFB) electrolyte. Additionally, VRB holds the Lac Laura Gold-Copper property in Québec, which is currently in the early exploration and data compilation stages. The company operates at an early exploration stage with no defined mineral resources or commercial production.