Vatic Ventures Corp. announced a non-brokered private placement for up to 2,500,000 units at a price of CAD 0.2 per unit for gross proceeds of CAD 500,000 on September 22, 2021. Each unit will be comprised of one common share and one half of a common share purchase warrant. Each warrant will be exercisable into a common share of the company at an exercise price of CAD 0.30 per share for 12 months from closing. All securities issued pursuant to the financing will be subject to a four-month hold period. The issuance of the units and the payment of any finders' fees are subject to the receipt of all regulatory approvals in accordance with the policies of the NEX board of the TSX Venture Exchange. The transaction is subject to regulatory approvals.