Mr. Loren Currie
reports
VATIC ANNOUNCES NON-BROKERED FINANCING
Vatic Ventures Corp. intends to complete a non-brokered private placement financing, issuing up to 22 million units at a price of seven cents per unit for aggregate gross proceeds of up to $1.54-million. Each unit consists of one common share and one-half of a common share purchase warrant, each full warrant entitling the holder to acquire an additional common share of the company at an exercise price of 12 cents for a period of 24 months from the date of issue.
Finders' fees in accordance with TSX Venture Exchange policies may be paid in relation to the financing and all securities issued pursuant to the financing are subject to a four-month-plus-one-day restrictive legend.
The company intends to use the net proceeds of the financing to finance payments and expenditures under the option agreements relating to the Zoya and Galore uranium properties in Namibia, as described in the company's news release dated June 12, 2026, and for working capital and general corporate purposes.
The financing remains subject to final exchange approval.
About Vatic Ventures Corp.
Vatic is a mineral exploration and development company with options to acquire up to a 90-per-cent interest in each of the Zoya and Galore uranium properties in Namibia. The company also holds an option to acquire a 100-per-cent interest in the Solonopole South and North lithium properties in Brazil.
We seek Safe Harbor.
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