Received by email:

File: Attachment April 29 2020 - Exemption from Timely Filing.pdf

                        AETHER CATALYST SOLUTIONS, INC.
                                             NEWS RELEASE

                          Aether Announces An Update to its Annual Filings

Burnaby, British Columbia / April 29, 2020   Aether Catalyst Solutions, Inc. ("Aether" or the
"Company") (CSE: ATHR) (Frankfurt: 2QZ), announces that, as a result of the COVID-19
pandemic, it will be relying on the coordinated relief provided by the securities regulators which
consists of a 45-day extension for certain periodic filings, as announced by the Canadian Securities
Administrators ("CSA") on March 18, 2020, with respect to the filing of its annual financial statements,
management's discussion and analysis, and related officer certificates for its financial year ended
December 31, 2019.

The notice released by the CSA stated that securities regulators will be providing coordinated relief
consisting of a 45-day extension for certain periodic filings required to be made on or prior to June 1, 2020
as a result of the COVID-19 pandemic. As such, the British Columbia Securities Commission ("BCSC")
has enacted BC Instrument 51-515, Temporary Exemption from Certain Corporate Finance Requirements
("BCI 51-515").

The Company will be relying on the temporary exemption pursuant to BCI 51-515 in respect to the
following provisions:

    dot   the requirement to file audited financial statements for the year ended December 31, 2019 (the
        "Financial Statements") within 120 days of the Company's financial year end as required by
        section 4.2(b) of National Instrument 51-102 ("NI 51-102");
    dot   the requirement to file management discussion and analysis (the "MD&A") for the period covered
        by the Financial Statements within 120 days of the Company's financial year end as required by
        section 5.1(2) of NI 51-102; and
    dot   the requirement to file certifications of the Financial Statements (the "Certificates" and together
        with the Financial Statements, the "Annual Filings") pursuant to section 4.1 of National Instrument
        52-109.Section 4.2(b) [filing deadline for annual financial statements] NI 51-102.

The Company is continuing to work with its auditors to file the Annual Filings by June 15, 2020.

The Company confirms that there have been no material developments, other than those disclosed through
news releases, since the filing of its condensed interim consolidated financial statements for the period
ended September 30, 2019.

Additionally, the Company advises that management and other insiders of the Company are subject to a
trading black-out policy as described, in principle, in section 9 of National Policy 11-207, Failure to-File
Cease Trade Orders and Revocations in Multiple Jurisdictions.




                              Unit 104   8337 Eastlake Drive, Burnaby, BC, V5A 4W2
                                  T: (604)690-3797 W: www.aethercatalyst.com
                                                       2

About The Company

Aether Catalyst Solutions, Inc. is focused on providing an order of magnitude cost reduction in
automotive catalytic converter catalyst, while meeting, or exceeding government emission standards.
Aether is working to quickly advance its technology through rapid screening of new materials directed at
enhancing end of life conversion levels after accelerated aging. While Aether's primary focus is
automotive, other potential applications for this low-cost technology are also being explored. Aether is
looking to supplant precious metals in automotive catalysts for gasoline powered engines, a greater than
$20 billion cost annually at today's prices.




For additional information:

Aether Catalyst Solutions, Inc.
Paul Woodward
E: paul@aethercatalyst.com
T: (604) 690-3797


The CSE and Information Service Provider have not reviewed and does not accept responsibility for the
accuracy or adequacy of this release.

Forward-looking Information Cautionary Statement

Except for statements of historic fact, this news release contains certain "forward-looking information"
within the meaning of applicable securities law. Forward-looking information is frequently characterized
by words such as "plan", "expect", "project", "intend", "believe", "anticipate", "estimate" and other similar
words, or statements that certain events or conditions "may" or "will" occur. Forward-looking statements
are based on the opinions and estimates at the date the statements are made, and are subject to a variety
of risks and uncertainties and other factors that could cause actual events or results to differ materially
from those anticipated in the forward-looking statements including, but not limited to delays or
uncertainties with regulatory approvals, including that of the CSE. There are uncertainties inherent in
forward-looking information, including factors beyond the Company's control. There are no
assurances that the business plans for Aether described in this news release will come into effect on the
terms or time frame described herein. The Company undertakes no obligation to update forward-looking
information if circumstances or management's estimates or opinions should change except as required by
law. The reader is cautioned not to place undue reliance on forward-looking statements.
Additional information identifying risks and uncertainties that could affect financial results is
contained in the Company's filings with Canadian securities regulators, which are available at
www.sedar.com.