Largo Physical Vanadium to Present at the OTC Markets CleanTech & Precious Metals Virtual Investor Conference on February 14, 2023

Largo Physical Vanadium invites individual and institutional investors, as well as advisors and analysts, to attend its interactive presentation during the OTC Markets CleanTech & Precious Metals Virtual Investor Conference on Tuesday, February 14, 2023

Largo Physical Vanadium Chairman, Jonathan Lee will be available for 1x1 meetings during the conference from Tuesday, February 14 to Friday, February 17, 2023

TORONTO – Largo Physical Vanadium Corp. ("LPV" or the "Company") (TSX.V: VAND) a Canadian based vanadium holdings company that purchases and owns a portfolio of vanadium products to provide its shareholders with exposure to underlying vanadium price and, over time, to store the vanadium in vanadium redox flow batteries (“VRFB”) to drive vanadium demand and enable to energy transition, today announces that its Chairman, Jonathan Lee will present live at the OTC Markets CleanTech & Precious Metals Virtual Investor Conference on Tuesday, February 14, 2023.

Recent Company Highlights

Vanadium portfolio has increased to US$10.57/lb vanadium pentoxide (“V₂O₅”) equivalent, up 33% from the Company’s inception in September 2022 and its net asset value (“NAV”) per share has increased to C$2.56/sh (as of February 8, 2023)
Vanadium portfolio unit price up 9.9% since the beginning of 2023
Owner of 2.89mm lbs of V₂O₅ equivalent
Total estimates for new VRFB projects in 2023 are as high as 2 GWh, representing approximately 10% of global vanadium production and more than double the total installed capacity since the 1980s
Sign up to the Company’s monthly vanadium market news update at www.lpvanadium.com/newsletter

Virtual Presentation Details

Date:	February 14, 2023
Time:	1:30 – 2:00 p.m. ET
Registration Link	https://bit.ly/3JCTs89
1x1 Availability	Tuesday, February 14 – Friday, February 17, 2023

This will be a live, interactive online event where investors are invited to ask the Company questions in real-time. If attendees are not able to join the event live on the day of the conference, an archived webcast will also be made available after the event. It is recommended that investors pre-register and run the online system check to expedite participation and receive event updates. Learn more about the event at www.virtualinvestorconferences.com.

About Largo Physical Vanadium Corp.

Largo Physical Vanadium Corp. (LPV) is a pure-play physical vanadium investment company. LPV provides direct exposure to vanadium through a secure, convenient and exchange-traded vehicle. Vanadium is essential to achieving a greener world, though carbon reduction, in key industries such as steel, aerospace and energy storage. LPV's strategy is to achieve appreciation through the acquisition of vanadium as well as actively supplying the fast growing vanadium redox flow battery (VRFB) industry to advance the integration of renewable energy in long duration storage.

LPV's common shares trade on the TSX Venture Exchange under the symbol "VAND". For more information, please visit www.lpvanadium.com

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For further information, please contact:

Investor Contact
Paul Vollant
Chief Executive Officer
pv@lpvanadium.com

Conference Contact
John M. Viglotti
SVP Corporate Services, Investor
+1 (212) 220-2221
johnv@otcmarkets.com

Cautionary Statement Regarding Forward-looking Information:

This press release contains “forward-looking information” and “forward-looking statements” within the meaning of applicable Canadian and United States securities legislation. Forward‐looking information in this press release includes, but is not limited to, statements with respect to the timing and amount of estimated future production and sales; the future price of commodities; costs of future activities and operations, including, without limitation, the effect of inflation and exchange rates; the effect of unforeseen equipment maintenance or repairs on production; timing and cost related to the build-out of the ilmenite plant; the ability to produce vanadium trioxide according to customer specifications; the extent of capital and operating expenditures; the impact of global delays and related price increases on the Company’s global supply chain and future sales of vanadium products. Forward‐looking information in this press release also includes, but is not limited to, statements with respect to our ability to build, finance and successfully operate a VRFB business, the projected timing and cost of the completion of the EGPE project; our ability to protect and develop our technology, our ability to maintain our IP, the competitiveness of our product in an evolving market, our ability to market, sell and deliver our VCHARGE batteries on specification and at a competitive price, our ability to successfully deploy our VCHARGE batteries in foreign jurisdictions; our ability to negotiate and enter into a joint venture with Ansaldo Green Tech on terms satisfactory to the Company and the success of such joint venture; the receipt of necessary governmental permits and approvals on a timely basis, our ability to secure the required resources to build and deploy our VCHARGE batteries, and the adoption of VRFB technology generally in the market.

Forward-looking statements can be identified by the use of forward-looking terminology such as "plans", "expects" or "does not expect", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates" or "does not anticipate", or "believes", or variations of such words and phrases or statements that certain actions, events or results "may", "could", "would", "might" or "will be taken", "occur" or "be achieved". All information contained in this news release, other than statements of current and historical fact, is forward looking information. Forward-looking statements are subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of Largo or Largo Clean Energy to be materially different from those expressed or implied by such forward-looking statements, including but not limited to those risks described in the annual information form of Largo and in its public documents filed on www.sedar.com and available on www.sec.gov from time to time. Forward-looking statements are based on the opinions and estimates of management as of the date such statements are made. Although management of Largo 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. Largo does not undertake to update any forward-looking statements, except in accordance with applicable securities laws. Readers should also review the risks and uncertainties sections of Largo's annual and interim MD&As which also apply.