File: '\\swfile\EmailIn\20240820 124217 Attachment VCVNRAUG202024.docx'

VATIC VENTURES CORP.

1400-1040 WEST GEORGIA STREET

VANCOUVER, BC V6E 4H1, CANADA

E-MAIL: INFO@VATICVENTURES.COM

TEL: 604-757-9792

VATIC VENTURES CORP.

VATIC VENTURES FILES FOR APPROVAL OF PRIVATE PLACEMENT FINANCING

AND TO SETTLE DEBT FOR SHARES

VANCOUVER, BC, AUGUST 20, 2024 - Vatic Ventures Corp. (the "Company" or "Vatic") (TSXV: VCV; FRA: V8V; OTC Pink: VCVVF) announces that it has filed documents with the TSX Venture Exchange (the "Exchange") seeking conditional approval of a non-brokered $0.05 unit (the "Units") private placement financing (the "Financing") for aggregate gross proceeds of up to $750,000. Each Unit is comprised of one (1) common share of the Company and one common share purchase warrant (the "Warrants"), each Warrant being exercisable for an additional common share of the Company at $0.075 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 4 month plus 1 day hold period.

The Company further announces that it has filed documents with the Exchange seeking approval to settle $16,839 in debt ("Debt Settlement") by issuing 240,557 $0.07 shares (the "Debt Shares") of the Company to an arms-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 4 month plus 1 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% interest in the Solonopole South Lithium Property in Brazil and has an option to acquire an 80% interest in the Opuwo Copper Property in Namibia.

ON BEHALF OF THE BOARD OF DIRECTORS OF VATIC VENTURES CORP.

"Loren Currie"

Loren Currie

CEO & Director

info@vaticventures.com

604-757-9792

Website: www.vaticventures.com

"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 estimates 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-looking statements." Forward-looking statements are subject to a variety of risks and uncertainties that could cause actual events or results to differ from those reflected in the forward-looking statements. Investors are cautioned against attributing undue certainty to forward-looking statements. These forward-looking statements are made as of the date hereof and the Company does not assume any obligation to update or revise them to reflect new events or circumstances. Actual events or results could differ materially from the Company's expectations or projections.