Vatic Ventures Corp. Clarifies Terms of Financing for Qualifying Transaction

3090 Spencer Drive West Vancouver, BC V7V 3C8

NEWS RELEASE

VATIC VENTURES CORP. CLARIFIES TERMS OF FINANCING FOR QUALIFYING TRANSACTION

VANCOUVER, BC, November 1, 2010 – Vatic Ventures Corp. (NEX: VCV.H) wishes to clarify the terms of the financing for its qualifying transaction announced on October 29, 2010. The October 29, 2010 news release stated that the financing is subject to a minimum gross proceeds of $300,000. In fact, the financing is subject to a minimum gross proceeds of $540,000.

ON BEHALF OF THE BOARD VATIC VENTURES CORP.

Per: “Monty Qureshi”

Monty Qureshi President

For further information, please contact:

Monty Qureshi, President Phone: (604) 761-3205

Disclaimer for Forward-Looking Information

Certain statements in this release are forward-looking statements, which reflect the expectations of management regarding Vatic’s ability to close the Offering. Forward-looking statements consist of statements that are not purely historical, including any statements regarding beliefs, plans, expectations or intentions regarding the future. Such statements are subject to risks and uncertainties that may cause actual results, performance or developments to differ materially from those contained in the statements. No assurance can be given that any of the events anticipated by the forward-looking statements will occur or, if they do occur, what benefits Vatic will obtain from them. These forward-looking statements reflect management’s current views and are based on certain expectations, estimates and assumptions which may prove to be incorrect. A number of risks and uncertainties could cause our actual results to differ materially from those expressed or implied by the forward-looking statements, including: (1) the inability to close the private placement, or on the terms set out above, (2) the inability to close the related qualifying transaction, and (3) inability to obtain exchange approval of the private placement or qualifying transaction. These forward-looking statements are made as of the date of this news release and, except as required by law, Vatic assumes no obligation to update these forwardlooking statements, or to update the reasons why actual results differed from those projected in the forward-looking statements. Additional information about these and other assumptions, risks and uncertainties are set out in the “Risks and Uncertainties” section in Vatic’s MD&A filed with Canadian security regulators.

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Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.