Date: Oct 17, 2018

Vanadium One Energy Corp. (the “Company”) (VONE)(frankfurt:9VR1), is pleased to announce that is has appointed Martin Walter CEO and Director of the Company, effective immediately. In addition to this change, the Company’s out-going CEO, Mr. John Priestner, has been appointed as COO. Further to this, the Company has hired Mr. Ashley Martin as Vice President – Technical Services. These management changes reflect the Company’s next stage of growth as it furthers the development of its core asset, the Mont Sorcier Iron-Magnetite-Vanadium Project, located 18 kilometres from Chibougamau, Quebec, Canada.

Mr. Martin Walter is the former CEO of Treasury Metals Inc., an Ontario junior gold mine developer. He has over 20 years of international experience in mineral and mine development and has worked on numerous mining projects worldwide as a consulting geologist. Mr. Walter earned his MBA at the University of Toronto and a Bachelor of Science in Geology from the University of Ballarat, in Australia.

Mr. Ashley Martin brings over 12 years of mining construction and development experience to the Company. At Guyana Goldfields, he held various positions including Manager-Technical Services, Civil Works Manager and Construction Manager for the Aurora Gold Mine. He was Senior Project Manager at Treasury Metals and Manager of Business Development at Forrester Metals. Mr. Martin attained his degree in Civil Engineering from Curtin University, in Western Australia.

With his appointment, Mr. Walter commented that he is “very excited to join and lead the team at Vanadium One Energy and that Mr. Priestner has done an outstanding job in advancing the Company, and its key asset, to this point where the Mont Sorcier Iron-Magnetite-Vanadium deposit can now move to the next stage of development. I look forward to working with the team as we move through this period of drilling and pre-economic assessment stage.”

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