VCV.V · 2021-07-07 12:00:00

Vatic Closes Financing, Settles Debt

Financings

VATIC VENTURES CORP.

1500-1040 WEST GEORGIA STREET

VANCOUVER, BC V6E 4H1

CANADA

PHONE: (778) 373-6972

FAX: (604) 689-1288

VATIC CLOSES FINANCING, SETTLES DEBT

Vancouver, B.C., July 7, 2021 - Vatic Ventures Corp. (the "Company" or "Vatic") (NEX: VCV.H; FRA:

V8V3) is pleased to announce that it has received regulatory approval to close its non-brokered private

placement financing (the “Financing”) for aggregate gross proceeds of $999,896. The Company will now issue

8,332,467 $0.12 units of the Company (the “Units”), each Unit being comprised of 1 common share of the

Company and one common share purchase warrant (the “Warrants”), each Warrant being exercisable for an

additional common share of the Company at $0.25 for 12 months.

In connection with the Financing the Company paid finders fees in cash totaling $43,955.19 and issued finder’s

warrants totaling 192,693, each warrant being exercisable for an additional common share of the Company at

$0.25 for 12 months.

The Company further announces that it has received regulatory approval to settle $200,000 in debt by issuing

1,666,667 $0.12 units (the “Debt Units”) of the Company, each Debt Unit being comprised of 1 common share

of the Company and one common share purchase warrant (the “Debt Unit Warrants”), with each Debt Unit

Warrant being exercisable for an additional common share of the Company at $0.25 for 12 months.

All securities issued pursuant to the Financing and shares for debt settlement are subject to a 4 month and one

day hold period.

ABOUT VATIC VENTURES CORP.

The Company is actively reviewing and evaluating exploration and development opportunities in the mineral

resources industry.

ON BEHALF OF THE BOARD OF DIRECTORS OF VATIC VENTURES CORP.

"Loren Currie"

Loren Currie, Director

"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." The information contained herein contains "forward-looking

statements" within the meaning of applicable securities legislation. Forward-looking statements relate to information that is based on assumptions

of management, forecasts of future results, and estimates of amounts not yet determinable. Any statements that express predictions, expectations,

beliefs, plans, projections, objectives, assumptions or future events or performance are not statements of historical fact and may be "forward-

looking statements." Forward-looking statements are subject to a variety of risks and uncertainties that could cause actual events or results to

differ from those reflected in the forward-looking statements. Investors are cautioned against attributing undue certainty to forward-looking

statements. These forward-looking statements are made as of the date hereof and the Company does not assume any obligation to update or

revise them to reflect new events or circumstances. Actual events or results could differ materially from the Company's expectations or projections.