Mr. Denis Flood reports

EVOCATI CAPITAL RESOURCES INC. APPOINTS DENIS FLOOD, P. ENG. AS CHIEF EXECUTIVE OFFICER AND ANNOUNCES RESULTS OF ANNUAL GENERAL MEETING

Evocati Capital Resources Inc. has released the results of the annual general meeting (AGM) held on Oct. 25, 2023, and has made subsequent changes to the management team.

Denis Flood, who was one of the founding board members, will replace James Lill as chief executive officer of Evocati as of the date of this news release. Mr. Flood is a mining engineer with extensive experience within the mining industry and the board is confident in his ability to identify a qualifying transaction that leverages Evocati's skill set. The board of directors would like to thank Mr. Lill for his service as CEO of Evocati since its inception. During these past two years, Mr. Lill was directly responsible for navigating the company through the CPC (capital pool company) process, including completing the initial public offering. Mr. Lill will continue to serve on the board of directors of Evocati.

All resolutions proposed by the board of directors and management of the company in the annual general meeting passed with an overwhelming majority.

The company would like to thank its shareholders for their continued support.

About Evocati Capital Resources Inc.

Evocati was incorporated under the Business Corporations Act (Ontario) on Sept. 17, 2021, and its head office and registered office is located in Toronto, Ont. The common shares of Evocati are listed for trading on the TSX Venture Exchange under the stock symbol EVOC.P and Evocati is a reporting issuer in Alberta, British Columbia, Saskatchewan and Ontario.

Evocati currently has 11.2 million Evocati shares issued and outstanding and securities exercisable or exchangeable into 1.62 million Evocati shares, being: (i) 1.12 million stock options issued under Evocati's stock option plan; and (ii) 500,000 broker warrants. There are no other securities of Evocati issued and outstanding, and Evocati has not commenced commercial operations and has no assets other than cash.