Vanadian Energy Mourns the Loss of Its CEO, Marc Simpson

14:30 Uhr  |  Newsfile

Vancouver, May 6, 2026 - Vanadian Energy Corp. (TSXV: VEC.H) ("VEC" or the "Company"), is very sad to announce the passing of our Chief Executive Officer, President, director, friend and colleague, Marc Simpson, after a brief illness. Marc had been the CEO of VEC since February 2013 and became a director in December 2018. His thoughtful input in our board meetings will be missed. He graduated with a B.Sc. in Geology from the University of Manitoba in 1991 and commenced a career as a highly respected geologist and exploration company executive spanning 35 years. He was a member of both Engineers and Geoscientists British Columbia and Engineers and Geoscientists Manitoba.

On behalf of VEC's Board of Directors and its management, we extend our most sincere condolences to Marc's family and colleagues during this period.

"We will remember a deeply respected colleague whose presence, insight, and kindness made a lasting impact on everyone fortunate enough to work with him. His passing leaves a significant void in our organization and is deeply felt by us all," stated Clive Johnson, Chair.

ABOUT VANADIAN ENERGY CORP.

Vanadian Energy Corporation is an energy minerals focused company headed by an experienced team, well versed in mineral exploration and capital markets. The company is focused on the strategic acquisition, exploration, and development of high quality energy mineral properties in Canada and around the world. Vanadian Energy Corporation is building a leading vanadium focused resource company.

CAUTIONARY NOTE REGARDING FORWARD-LOOKING INFORMATION

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. The foregoing information may contain forward-looking information relating to the future performance of the Company. Forward looking information is subject to a number of known and unknown risks, uncertainties and other factors that may cause actual results to differ materially from those anticipated in our forward-looking statements. Such risks and other factors include, among others, the actual results of exploration activities, changes in world commodity markets or equity markets, the risks of the mining industry including, without limitation, those associated with the environment, delays in obtaining governmental approvals, permits or financing or in the completion of development or construction activities, title disputes, change in government and changes to regulations affecting the mining industry, and other risks and uncertainties detailed from time to time in the Company's filings with the Canadian securities administrators (available at www.sedarplus.ca). Forward-looking statements are made based on various assumptions and on management's beliefs, estimates and opinions on the date the statements are made. Should one or more of these risks and uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those described in the forward-looking information contained herein. The Company undertakes no obligation to update forward-looking statements if these assumptions, beliefs, estimates and opinions or other circumstances should change, except as required by applicable law.

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