Mr. V-Bond Lee reports

VOLT CARBON TECHNOLOGIES ANNOUNCES CLOSING OF FINAL ROUND OF PRIVATE PLACEMENT OFFERING FOR GROSS PROCEEDS OF $237,500 AND APPOINTMENT OF NEW DIRECTOR

Volt Carbon Technologies Inc., with reference to its prior news releases dated April 14, 2025, May 22, 2025, and May 30, 2025, on June 27, 2025, closed the final tranche of the private placement by issuing 11,875,000 units at a price of two cents per unit for gross proceeds of $237,500.

The final closing concludes the company's offering, which has raised an aggregate total of $347,500 through the issuance of 17,375,000 units at a price of two cents per unit. The company intends to use the proceeds of the offering to pay outstanding payables and for working capital to develop its battery and mineral separation technologies. No finders' fees are payable in connection with the offering.

Each unit consists of one common share in the capital of the company and one common share purchase warrant. Each warrant entitles the holder to acquire one additional common share in the capital of the company at an exercise price of five cents per warrant share for a period of 24 months from the date of issuance. The securities issued under the offering are subject to a hold period ending on the date that is four months plus one day following the date of issue in accordance with applicable securities laws.

The closing of the offering is subject to receipt of all necessary regulatory approvals, including the TSX Venture Exchange. No insiders participated in the offering and no new control persons were created under the offering.

New director appointment

With reference to its prior news release dated April 22, 2025, the company is pleased to announce the TSX-V's approval of Gilles Ayotte's appointment to the board of directors. Mr. Ayotte brings more than 30 years of experience in operational leadership, financial management and union negotiation within large-scale service organizations. His background includes senior leadership roles at the University of Victoria and in the hospitality sector, as well as experience as a union shop steward and Vancouver Island union representative. His practical business insight and strong governance experience will support Volt Carbon's strategic priorities as it scales its clean technology operations.

V-Bond Lee, chief executive officer and president of the company, stated: "We are grateful for the continued support of our shareholders in this non-brokered financing, which allows us to remain focused on commercializing our dry separation of graphite. We are also pleased to welcome Mr. Gilles Ayotte to our board. His extensive operational and financial background will be instrumental as we advance the company's mineral processing and energy initiatives."

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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