Mr. Nasim Tyab reports

VATIC RIGHTS OFFERING UPDATE

Vatic Ventures Corp. has provided an update to its shareholders regarding its offering of rights. The rights offering was announced on June 18, 2018, will close on July 25, 2018, and aims to raise gross proceeds of up to $2,347,703.

Only holders of Vatic's common shares who are resident in Canada at the close of business on June 27, 2018, are eligible, including those holders with common shares under a hold period. Every common share equates to one right. Every 1.8 rights entitle the holder to subscribe for one unit of the company at a price of 18 cents per unit. Each unit consists of one common share and one common share purchase warrant, with each warrant entitling the holder to purchase an additional common share for two years at an exercise price of 25 cents. The units have no hold period and are immediately tradable, which is different from a private placement, which typically has a four-month hold.

Additionally, the rights were listed for trading on the TSX Venture Exchange under the symbol VCV.RT on June 26, 2018, until July 25, 2018, 9 a.m. Vancouver time, after which time unexercised rights will be void and of no value. The rights offering includes an additional subscription privilege under which eligible holders of rights, who fully exercise their rights, are entitled to subscribe, on a pro rata basis with other shareholders who participate in the oversubscription for units that have not been purchased under the rights offering. The warrants are listed for trading on the exchange under the trading symbol VCV.WT.

Eligible shareholders should have received documents that provide information as to how to take down the rights offering. Shareholders who have not received these documents are advised to immediately contact their brokers or the company's representative at Computershare Investor Services Inc. (attention: Tom Liu). The rights issued are documented by transferable rights certificates, which were mailed, together with a rights offering notice, to all registered holders of eligible common shares, including those holders with common shares under a hold period. Eligible registered shareholders who wish to exercise their rights must forward a completed rights certificate, together with the applicable funds, to Computershare Investor Services on or before July 25, 2018. Shareholders who own their common shares through an intermediary, such as a bank, trust company, securities dealer or broker, should have received materials and instructions from their intermediaries.

About Vatic Ventures Corp.

Vatic Ventures is a junior exploration company and continues to assess new opportunities and prospects.

We seek Safe Harbor.