News Release

February 28, 2020

Vulcan Minerals Inc. – Prospectors and Developers Mining Conference Toronto

St. John’s Newfoundland and Labrador – Vulcan Minerals Inc. (“the Company” – “Vulcan” TSX-V:VUL) announces that the Company and its subsidiary Red Moon Resources Inc. (TSX-V: RMK) will be exhibiting at the Prospectors and Developers Conference (PDAC) in Toronto from Sunday, March 1th to Wednesday, March 4th in the Investors Exchange at the Metro Toronto Convention Centre. Please come and visit us at Booth 2337 if you are attending the conference. The PDAC is the world’s premier mining investment convention for people, companies and organizations in mining and mineral exploration.

We seek Safe Harbor.

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release. This release may contain certain forward-looking statements. Actual events or results may differ from the Company’s expectations. Certain risk factors beyond the Company’s control may affect the actual results achieved. Accordingly, readers are advised not to place undue reliance on forward-looking information. Except by law, the Company undertakes no obligation to publicly update or revise forward-looking information.

For information please contact:

Patrick J. Laracy, President

(709) 754-3186

laracy@vulcanminerals.cawww.vulcanminerals.ca