MacDonald Appointed Executive Chairman of American Vanadium Corp.

American Vanadium, which is mining for vanadium in Nevada, announces the appointment of Vice Chairman, Ron MacDonald, to Executive Chairman of the Board of Directors of American Vanadium, effective immediately. Mr. MacDonald will replace Brian McAlister who will continue as a member of the Company’s Board of Directors.

Mr. Ron MacDonald’s extensive career has included such positions as: the former Senior Assistant to the Canadian Minister of Foreign Affairs, Deputy Prime Minister, Chief of Staff to the Leader of the Government in the Senate of Canada, Parliamentary Secretary of International Trade and elected Member of Parliament. In addition while President of the Council of Forest Industries; Mr. MacDonald pioneered the development of Asian markets for Canadian lumber products. He was also a contributing member of the OECD Committee on ethical minerals, a contributor to the EU Commission Framework 7 policy paper on ‘Scarcity of Strategic Minerals’ and a speaker at conferences in the USA, Canada and Asia on critical and strategic markets.

“The exciting part of the American Vanadium story is the fact that not only will we be the only mine in the U.S. producing vanadium for the steel industry but will also be the only producer of vanadium electrolyte necessary for vanadium flow batteries, which allow for the mass storage of renewable and conventional energy,” says MacDonald. “Having the only vanadium mine in North America will provide us with a strategic opportunity to play a lead role in establishing that business on this continent and will provide the best return to our shareholders. With the filing of our plan of operations for the Environmental Impact Statement anticipated later this year, the permitting timeline will be longer than originally anticipated which dovetails with our strategy to build the vanadium flow battery business in America.