Mr. V-Bond Lee reports

VOLT CARBON TECHNOLOGIES ENTERS INTO OPTION AGREEMENT WITH E-POWER RESOURCES

Volt Carbon Technologies Inc. has entered into an option agreement with E-Power Resources Inc. for Volt to acquire an interest in EPR's Tetepisca graphite project, located in Northern Quebec, subject to approval by the TSX Venture Exchange and the Canadian Securities Exchange.

Under the terms of the agreement, EPR has agreed to: (i) grant Volt an option to acquire an undivided 5-per-cent interest in the property that is exercisable until Dec. 31, 2025; and (ii) issue 6.6 million shares of EPR to Volt. As consideration for the property option and the shares, Volt has agreed to expend $680,000 on the property prior to Dec. 31, 2024. Should Volt choose to exercise the property option, in addition to the exploration expenditures, Volt will be required to make a cash payment of $1.5-million to EPR.

"Establishing this option agreement with E-Power Resources for the Tetepisca graphite project aligns well with Volt's strategy to increase its access to graphite resources. Our objective is to scale up and capitalize on our exclusive dry processing methods for the sustainable purification of graphite, specifically tailored for battery anode applications. We are excited about the prospects this collaboration brings, particularly within this geographic region, and reassert our commitment to advancing sustainable solutions in the energy storage and green energy sectors," said V-Bond Lee, chief executive officer of Volt Carbon Technologies.

About Volt Carbon Technologies Inc.

Volt Carbon is a publicly traded carbon science company, with specific interests in energy storage and green energy creation, with holdings in mining claims in the provinces of Ontario, Quebec and British Columbia in Canada.

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