The Board of Vanadium Resources Limited advised that the Company has restructured its board and management team in preparation for the next phase of development of the Steelpoortdrift Vanadium Project. The Company is pleased to confirm the appointment of Mr. John Ciganek as a Non-Executive director for the purposes of completing the Pre-Feasibility study. Mr. John Ciganek is a mining engineer with significant experience in debt and equity financing having worked on both the banking and client side. To facilitate the appointments of Mr. Nel and Mr. Ciganek, Mr. Bill Oliver has decided to step down as CEO and Director of the Company, effective 18th December 2020. With completion of the Scoping Study and validation of the resource, the geological work over Steelpoortdrift has been completed.