Mr. V-Bond Lee reports

VOLT CARBON TECHNOLOGIES ANNOUNCES $250,000 NON-BROKERED PRIVATE PLACEMENT AND NOTICE OF ANNUAL GENERAL MEETING

Volt Carbon Technologies Inc. intends to complete a non-brokered private placement financing of up to 10 million units at a price of 2.5 cents per unit for gross proceeds of up to $250,000.

Each unit of the offering will consist of one common share in the capital of the company and one common share purchase warrant. Each warrant will entitle the holder to purchase one additional common share at an exercise price of five cents per warrant share for a period of 24 months from the date of issuance. No finders' fees, commissions, agent options or other compensation is anticipated in connection with the offering. All securities issued under the offering will be subject to a four-month-and-one-day statutory hold period in accordance with applicable securities legislation.

The company intends to use the proceeds of the offering to support intellectual property development initiatives, to advance battery and mobile mineral separation technologies, and for general working capital.

Closing of the offering is subject to customary conditions and regulatory approvals, including the approval of the TSX Venture Exchange. The company anticipates closing the offering within approximately 30 business days. No insiders intend to participate in the offering, and no new control persons will be created by the offering.

Annual general meeting

The company advises that its annual general meeting of shareholders will be held on June 19, 2026, at 10 a.m. Pacific Time, at the Royal Colwood Golf Club, Victoria, B.C. Shareholders are encouraged to vote by proxy in advance of the meeting and are welcome to attend in person. Further details regarding the meeting, including voting procedures and form of proxy, will be set out in the company's management information circular to be filed under the company's profile on SEDAR+.

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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