Mr. Loren Currie reports

VATIC AMENDS AGREEMENT FOR THE HANSEN GOLD PROPERTY IN NORTHERN QUEBEC

Vatic Ventures Corp., further to its April 25, 2023, news release, and subject to final TSX Venture Exchange approval, has amended the option agreement to acquire a gold exploration property known as the Hansen property, located in the Chibougamau area of Northern Quebec. The option agreement has been amended as follows.

Paragraph 4.01(a), (iv) and (v), has been deleted and replaced with the following provisions, with paragraph 4.01(a), (vi) and (vii), remaining unchanged as stated below:

• An additional $10,000 payable by Oct. 1, 2022;
• An additional $15,000 payable by Dec. 31, 2022;
• An additional $25,000 payable by Oct. 1, 2023;
• An additional $20,000 payable by Oct. 1, 2024.

Paragraph 4.01(b), (iii) and (iv), has been deleted and replaced with the following:

• 4.01(b): the optionee allotting and issuing the following common shares in its capital stock to the optionor, subject to the approval of the regulatory bodies, as follows:
  • An additional 250,000 shares issued on or before Dec. 31, 2022;
  • An additional 250,000 shares issued on or before Oct. 1, 2023.

Paragraph 4.01(d), (ii) and (iii), has been deleted and replaced with the following:

• 4.01(d): the optionee incurring the following expenditures on the property:
  • An additional $200,000 on or before Oct. 31, 2024.

As a result of the various amendments to the option agreement and in order for Vatic to acquire a 100-per-cent interest in the property, Vatic is required to complete the following.

Payments:

• $25,000 payable by Oct. 1, 2023;
• $20,000 payable by Oct. 1, 2024.

Shares:

• 250,000 shares issued on or before Oct. 1, 2023.

Expenditures:

• $200,000 on or before Oct. 31, 2024.

About Vatic Ventures Corp.

The company has an option to earn a 100-per-cent interest in the Hansen gold property in the Chapais area of Northern Quebec, strategically situated in a very active and emerging gold exploration area with over 6.7 million ounces of gold produced in the greater Chibougamau district. The company has an option to acquire a 100-per-cent interest in a rare earth elements (REE) and polymetallic claims package known as the Sisters Mountain critical metals project located in southwestern New Brunswick.

We seek Safe Harbor.