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THIS PRESS RELEASE IS NOT FOR PUBLICATION OR DISSEMINATION IN THE UNITED STATES. FAILURE TO COMPLY WITH THIS RESTRICTION MAY CONSTITUTE A VIOLATION OF UNITED STATES SECURITIES LAW.

These securities have not been and will not be registered under the United States Securities Act of 1933, as amended, or the securities laws of any state, and may not be offered or sold in the United States unless an exemption from registration is available. This press release does not constitute an offer to sell or the solicitation of any offer to buy these securities in the United States.

AMV II CAPITAL CORPORATION CLOSES INITIAL PUBLIC OFFERING

VANCOUVER, BRITISH COLUMBIA - February 12, 2025. AMV II Capital Corporation ("AMV II" or the "Company") (TSX VENTURE: AMV.P) is pleased to announce that it has successfully completed its initial public offering ("Offering"), raising gross proceeds of $250,000 pursuant to an amended and restated prospectus dated November 15, 2024 (the "A&R Prospectus), amending and restating the prospectus dated August 14, 2024, filed in each of British Columbia, Alberta and Ontario. An aggregate of 2,500,000 common shares in the capital of the Company (the "Shares") were subscribed for at a price of $0.10 per Share.

Pursuant to an agency agreement dated August 14, 2024, Research Capital Corporation (the "Agent") acted as the agent for the Offering. In connection with the Offering, the Agent received a cash commission of $20,000, a work fee of $22,000 (plus GST) and an option to purchase up to 200,000 Shares at a price of $0.10 per Share until February 12, 2030.

The Company is a capital pool company ("CPC") under the policies of the TSX Venture Exchange (the "Exchange") and intends to use the net proceeds of the Offering to identify and evaluate assets or businesses for acquisition with a view to completing a "Qualifying Transaction" under the policies of the Exchange. On February 10, 2025, the Exchange issued a bulletin announcing the listing of the Shares as of market open on February 12, 2025 and immediately halted trading pending completion of the Offering. The Shares will resume trading under the trading symbol "AMV.P" on or about February 14, 2025.

Upon closing of the Offering, the Company granted 650,000 stock options to its directors and officers which are exercisable until February 12, 2035 at an exercise price of $0.10 per Share. Following the closing of the Offering, the Company now has 6,500,000 Shares issued and outstanding (4,000,000 of which are subject to escrow restrictions as disclosed in the A&R Prospectus).

For further information, please see the A&R Prospectus, available under the Company's profile on SEDAR+ at www.sedarplus.ca.

About the Company

AMV II is a CPC within the meaning of the policies of the Exchange that has not commenced commercial operations and has no assets other than cash. The board of directors of the Company consists of Qiang Sean Wang, Norman Tsui and Brett A. Kagetsu. The officers of the Company consist of Qiang Sean Wang, as President and Chief Executive Officer, and Michael Au, as Chief Financial Officer and Corporate Secretary. Except as specifically contemplated in the Exchange's CPC policy, until the completion of its Qualifying Transaction, the Company will not carry on business, other than the identification and evaluation of companies, business or assets with a view to completing a proposed Qualifying Transaction.

For further information, please contact:

Michael Au

Chief Financial Officer

Telephone: (604) 218 7083

Neither 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 news release.

Forward Looking Information

This news release contains statements about AMV II's expectations regarding the completion of the application for listing, and the commencement of trading, on the Exchange that are forward-looking in nature and, as a result, are subject to certain risks and uncertainties, such as final listing approval from the Exchange. Although AMV II believes that the expectations reflected in these forward-looking statements are reasonable as AMV II assumes it will be able to fulfill the terms of the conditional listing approval granted by the Exchange, undue reliance should not be placed on them as actual results may differ materially from the forward-looking statements. Factors that could cause the actual results to differ materially from those in forward-looking statements include failure to fulfill conditions of listing and inability to obtain required regulatory approvals. The forward-looking statements contained in this news release are made as of the date hereof, and AMV II undertakes no obligation to update publicly or revise any forward-looking statements or information, except as required by law.