Monitor Ventures Inc. (AVCVF)

[MWM]

American Vanadium (AVC: TSX–V) is positioning itself as a near-term, low cost producer
of vanadium in the United States. The company has an NI 43-101 resource of
18,000,000 tons of vanadium ore (indicated) at a grade of .339% and 2.8 million tons
(inferred) at a grade of .282%. This equates to a total resource of 138,000,000 pounds
of vanadium at the company's 100% owned Gibellini project in central Nevada with
room for expansion. While the price of vanadium is subject to volatility, at a current
price of $7.00/lb, this makes the gross, in situ value of Gibellini $966 million with additional
resource upside at Gibellini and other nearby locations.