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or Name
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Vatic Ventures Corp (4)
Symbol VCV
Shares Issued 25,519,769
Close 2018-12-18 C$ 0.085
Market Cap C$ 2,169,180
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ORIGINAL: Vatic arranges $750,000 private placement

2018-12-18 19:42 ET - News Release

Received by email:

File: NRDEC18.docx


Vatic Ventures Corp. Announces $750,000 Private Placement Financing
Vancouver, BC, December 18, 2018 - Vatic Ventures Corp. (the "Company" or "Vatic") (TSXV VCV; OTCBB: VTTCF; FWB: V8V3)
---> announces that, subject to regulatory approvals, it will conduct a non-brokered private placement of up to 10,000,000
---> units ("Units") at a price of seven and a half cents per Unit ($0.075) to raise proceeds of up to $750,000.  Each Uni
--->t will consist of one common share and one half of a common share purchase warrant ("Unit Warrant") with each full Uni
--->t Warrant entitling the holder to acquire one additional common share at a price of $0.10 per share for 24 months from
---> closing.  The funds from the financing will be used for general corporate purposes.  Finder's fees on the financing m
--->ay be paid in accordance with TSX Venture Exchange policies.  
ABOUT VATIC VENTURES CORP.
Vatic is reviewing various potential opportunities in the cannabis sector.  Management is of the view that although th
--->ere is an excessive amount of participation and competition in certain areas of the cannabis industry there continues 
--->to be tremendous potential to develop business models which embrace unique and profitable approaches to the sector.
ON BEHALF OF THE BOARD OF DIRECTORS.

T. Barry Coughlan, CEO

"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." The information contained
---> herein contains "forward-looking statements" within the meaning of applicable securities legislation. Forward-looking
---> statements relate to information that is based on assumptions of management, forecasts of future results, and estimat
--->es of amounts not yet determinable. Any statements that express predictions, expectations, beliefs, plans, projections
--->, objectives, assumptions or future events or performance are not statements of historical fact and may be "forward-lo
--->oking statements."  Forward-looking statements are subject to a variety of risks and uncertainties that could cause ac
--->tual events or results to differ from those reflected in the forward-looking statements. Investors are cautioned again
--->st attributing undue certainty to forward-looking statements.  These forward-looking statements are made as of the dat
--->e hereof and the Company does not assume any obligation to update or revise them to reflect new events or circumstance
--->s.  Actual events or results could differ materially from the Company's expectations or projections.



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