American Vanadium Corp.
TSX VENTURE : AVC

April 29, 2011 15:23 ET

American Vanadium Corp. Announces Grant of Options

VANCOUVER, BRITISH COLUMBIA--(Marketwire - April 29, 2011) - AMERICAN VANADIUM CORP. (the "Company") (TSX VENTURE:AVC) announces the granting of a total of 75,000 options at the exercise price of $1.64 each for a term of five years from the date of grant to a consultant and an employee of the Company. The stock options are granted pursuant to the Company's Stock Option Plan, as amended.

Information on the Company and its projects may be found at: www.americanvanadium.com.

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.

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