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File: NRAUG24.doc



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VATIC ANNOUNCES CLOSING OF RIGHTS OFFERING
Vancouver, BC, August 24, 2018 - Vatic Ventures Corp. (TSXV: VCV) (OTC Pink: VTTCF) (FSE: V8V3) (the "Company" or "Vat
--->ic") announces the closing of its previously announced rights offering (the "Rights Offering").  Under the Rights Offe
--->ring, on August 24, 2018 (the "Closing Date"), 1,122,736 units of the Company (the "Units") were distributed at a pric
--->e of $0.18 per Unit for gross proceeds of approximately $202,092.  Each Unit consisted of one common share in the capi
--->tal of Vatic (a "Share") and one transferable common share purchase warrant (each, a "Warrant"), with each Warrant exe
--->rcisable into one Share at an exercise price of $0.25 for a period of 24 months from the Closing Date.  The Warrants w
--->ill not be listed for trading on the TSX Venture Exchange (the "Exchange"), as the minimum distribution and other list
--->ing requirements of the Exchange were not satisfied.
A total of 1,017,403 Units were subscribed for by rights holders pursuant to the basic subscription privilege attached
---> to the rights, and a total of 105,333 Units were subscribed for by rights holders pursuant to the additional subscrip
--->tion privilege attached to the rights.  No Units were subscribed for by insiders of the Company under the basic subscr
--->iption privilege or the additional subscription privilege.
As previously announced, Mackie Research Capital Corporation ("Mackie") acted as exclusive soliciting dealer on a comm
--->ercially reasonable efforts basis in connection with the Rights Offering in consideration for: (i) a corporate finance
---> fee of $40,000 plus GST; (ii) a cash commission equal to 10% of the proceeds of the Rights Offering; (iii) the issuan
--->ce of non-transferable options to acquire 694,444 Shares at a price of $0.18 per Share for a period of 24 months from 
--->the Closing Date; and (iv) the issuance of non-transferable options to acquire 112,273 Units.
Immediately after the issuance of the Units on the Closing Date, the Company had 24,599,769 Shares issued and outstand
--->ing.
ON BEHALF OF THE BOARD OF DIRECTORS
Nasim Tyab, Director 
ABOUT VATIC VENTURES CORP.
Vatic Ventures Corp. (www.vaticventures.com) is a junior exploration company and continues to assess new opportunities
---> and prospects.

Neither the 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 release.

This news release includes certain statements that may be deemed "forward-looking statements" within the meaning of ap
--->plicable securities legislation. All statements, other than statements of historical facts are forward-looking stateme
--->nts and, as such, are subject to risks, uncertainties and other factors which are beyond the reasonable control of the
---> Company. Such statements are not guarantees of future performance and actual results or developments may differ mater
--->ially from those expressed in, or implied by, this forward-looking information. Any forward-looking statements are exp
--->ressly qualified in their entirety by this cautionary statement. The information contained herein is stated as of the 
--->current date and subject to change after that date and the Company does not undertake any obligation to update publicl
--->y or to revise any of the forward-looking statements, whether as a result of new information, future events or otherwi
--->se, except as may be required by applicable securities laws. 

This news release does not constitute an offer to sell or a solicitation of an offer to buy the securities described h
--->erein in the United States. The securities offered hereby have not been and will not be registered under the United St
--->ates Securities Act of 1933, as amended (the "U.S. Securities Act"), or the securities laws of any state of the United
---> States. Neither the Rights nor the Units may be offered or sold in or into the United States or to U.S. persons.  The
---> Rights may not be exercised in the United States or by, or on behalf of, any U.S. Person or person in the United Stat
--->es unless pursuant to an exemption from such registration requirements and the holder of such Right has provided VCV a
--->n opinion letter of U.S. counsel of recognized standing.  "United States" and "U.S. persons" are as defined in Regulat
--->ion S under the U.S. Securities Act.