American Vanadium and Gildemeister to Join Forces to Deliver Leading Energy Storage Solutions for America

American Vanadium Corp. ('American Vanadium?) (TSX.V: AVC) (OTCQX:
AVCVF), www.americanvanadium.com,
a mining company developing its world class Nevada-based vanadium
deposit, has entered into a business relationship with GILDEMEISTER
energy solutions of Germany - a part of GILDEMEISTER group (www.gildemeister.com)
- which holds a leading position worldwide as a producer of cutting
machine tools as well as integrated energy solutions for the production,
storage and utilization of renewable energies. American Vanadium and
GILDEMEISTER have unveiled their memorandum of understanding to explore
various joint venture and partnership arrangements with the objective of
being a leading provider of energy storage and micro grid solutions in
North America. Senior officials of both companies are in New York this
week to meet with senior state, municipal and transit officials.

'Utilizing GILDEMEISTER′s fully developed and commercialized CellCube
energy storage system ?and American Vanadium's stably priced supply of
high purity vanadium electrolyte, the companies together present a
unique opportunity to cooperate in the US to ?rapidly supply the growing
energy storage and renewable energy market,? said Ron MacDonald,
Executive Chairman of American Vanadium.

'The companies will examine various business models that will allow for
the rapid and economic adaption of Vanadium Redox Flow Batteries,? said
Lars Möllenhoff, (Managing Director of Cellstrom GmbH, part of
GILDEMEISTER energy solutions). 'We have commercialized a unique energy
storage solution with our CellCube, a powerful, durable and low
maintenance large scale vanadium redox flow battery that can be
incorporated into everyday energy systems. Our battery system ensures a
clean, emission-free energy supply at all times, characterized by high
reliability, high stability and very fast reaction times.?

About GILDEMEISTER

GILDEMEISTER holds a leading position worldwide as a producer of cutting
machine tools. The range it offers includes innovative high-tech
machines and services as well as software and energy solutions. The
Energy Solutions business division comprises four areas: Components,
SunCarrier, CellCube and WindCarrier. GILDEMEISTER is a globally
operating enterprise; 95 domestic and international sales and service
locations maintain direct contact with our customers. Some 6,466
employees contribute to the success of our enterprise.

About American Vanadium Corp.

American
Vanadium is developing the only vanadium mine in the United States.
The Company′s Gibellini Project, located in Nevada, is being designed to
economically produce high purity vanadium products including vanadium
electrolyte for the energy storage industry. American Vanadium will
focus on producing vanadium electrolyte, powders, crystals and oxide
pellets for premium markets such as grid scale flow battery systems,
chemical and pollution control applications as well as for the aerospace
and defense industries. A positive Feasibility Study and updated
National Instrument 43-101 on the Gibellini Project were completed by
AMEC E&C Services in 2011.

American Vanadium trades on the TSX Venture Exchange as a tier-one
company under the symbol 'AVC?, the OTCQX Market under the symbol
'AVCVF? and the Frankfurt Stock Exchange under the symbol '0UA?.

ON BEHALF OF THE BOARD

Bill Radvak, President and CEO

NEITHER TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS
THAT TERM IS DEFINED IN POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS
RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.

Forward-Looking Statements: This press release contains
'forward-looking information? within the meaning of applicable Canadian
securities laws, including future plans and objectives for the Gibellini
Project and the energy storage business. Such forward-looking statements
involve known and unknown risks, uncertainties and other factors, which
may cause the actual results, performance or achievements of American
Vanadium to be materially different from any future results, performance
or achievements expressed or implied by the forward-looking information.
Forward-looking information includes estimates of mine production rates
and mine life, revenues from future mining operations, capital and
operating costs, and pay-back period.Factors that may cause
actual results to vary include, but are not limited to, actual results
of current exploration activities; conclusions of economic evaluations;
changes in project parameters as plans continue to be refined; future
prices of vanadium; possible variations in reserves, grade or recovery
rates; changes to capital and operating cost estimate, delays in
obtaining governmental approvals or financing or in the completion of
development or construction activities. Although American Vanadium has
attempted to identify important factors that could cause actual results
to differ materially from those contained in forward-looking statements,
there may be other factors that cause results not to be as anticipated,
estimated or intended. There can be no assurance that such statements
will prove to be accurate, as actual results and future events could
differ materially from those anticipated in such statements.
Accordingly, readers should not place undue reliance on forward-looking
statements. American Vanadium does not undertake to update any
forward-looking statements, except in accordance with applicable
securities laws.

American Vanadium Corp.

Bill Radvak, 604-681-8588 X 101

President
& CEO

bradvak@americanvanadium.com

or

Mike
Hyslop, 604-681-8588 X 102

Director, Corporate Development

mhyslop@americanvanadium.com

www.americanvanadium.com