Mr. Loren Currie reports

VATIC VENTURES FILES FOR APPROVAL OF PRIVATE PLACEMENT FINANCING AND TO SETTLE DEBT FOR SHARES

Vatic Ventures Corp. has filed documents with the TSX Venture Exchange seeking conditional approval of a non-brokered five-cent-per-unit private placement financing for aggregate gross proceeds of up to $750,000. Each unit comprises one common share of the company and one common share purchase warrant, with each warrant being exercisable for an additional common share of the company at 7.5 cents for 24 months from the date of issue. The company is also seeking approval to close the first tranche of the financing for aggregate gross proceeds of $92,005. On receipt of approval to close this first tranche, the company will issue 1,840,100 common shares and 1,840,100 common share purchase warrants to various subscribers.

In connection with the financing, the company may pay finders' fees in accordance with the policies of the exchange. Proceeds of the financing will be used for general working capital. All securities issued pursuant to the financing are subject to a four-month-plus-one-day hold period.

The company further announces that it has filed documents with the exchange seeking approval to settle $16,839 in debt by issuing 240,557 shares of the company at seven cents per share to an arm's-length creditor. The issuance of the debt shares is subject to the receipt of all regulatory approvals. All shares issued pursuant to the debt settlement are subject to a four-month-plus-one-day hold period.

About Vatic Ventures Corp.

Vatic is a mineral exploration and development company focused on developing high-value properties. Vatic has an option to acquire a 100-per-cent interest in the Solonopole South lithium property in Brazil and has an option to acquire an 80-per-cent interest in the Opuwo copper property in Namibia.

We seek Safe Harbor.