Vancouver, B.C., February 24, 2022 – Vatic Ventures Corp. (the “Company” or “Vatic“) (NEX: VCV.H; FRA: V8V3) further to its September 22, 2021 news release, the Company is embarking on a non-brokered private placement financing (the “Financing”) for aggregate gross proceeds of up to $600,000, increased from $500,000.
The Financing consists of units (“Units”) at a price of $0.20 per Unit, each Unit being comprised of 1 common share of the Company and one half of a common share purchase warrant (the “Warrants”), with each full Warrant being exercisable for an additional common share of the Company at $0.30 for 24 months. In connection with the Financing the Company may pay finders fees in accordance with the policies of the NEX Board of the TSX Venture Exchange. All securities issued pursuant to the Financing will be subject to a 4 month hold period. The issuance of the Units and payment of any finder’s fees are subject to the receipt of all regulatory approvals.
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
info@vaticventures.com
604-307-8745
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.
