Vatic Ventures Corp. Announces Rights Offering Update

Vancouver, July 27, 2018 - Vatic Ventures Corp. (TSXV: VCV) (OTC Pink: VTTCF) (FSE: V8V3) (the "Company" or "Vatic") wishes to advise that further to the Company's press release dated July 19, 2018, the Rights issued under the Company's Rights Offering expired on July 25, 2018. The Company has been advised by its Rights Agent, Computershare Investor Services Inc., that Rights entitling holders to purchase a total of 1,122,736 Units at a price of $0.18 per Unit, for gross proceeds of $202,092 have been exercised. In accordance with the Soliciting Dealer Agreement dated June 22, 2018, between the Company and Mackie Research Corporation ("Mackie"), the Company has given Mackie notice that it may exercise its "top up" right to purchase that number of Units which were not subscribed for under the Rights Offering. Upon receipt of notice from Mackie regarding whether it intends to exercise any or all of this top-up right, the Company will set a closing date for the Rights Offering, which is expected to be on or about August 15, 2018. The Company will issue a further press release once the closing date has been set. The Warrants issued under rights offering would be listed on the TSXV concurrently with or shortly after closing of the Rights Offering, subject to meeting the minimum distribution and other listing requirements of the TSXV. In the event that these requirements are not met, the Warrants will not be listed.

ON BEHALF OF THE BOARD OF DIRECTORS

Nasim Tyab, Director

ABOUT VATIC VENTURES CORP.
Vatic Ventures Corp. (www.vaticventures.com) is a junior exploration company and continues to assess new opportunities and prospects.

For further information, please contact Vatic at:

Vatic Ventures Corp.:
PHONE: (778) 373-6972
FAX: (604) 689-1288
EMAIL: info@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.

This news release includes certain statements that may be deemed "forward-looking statements" within the meaning of applicable securities legislation. All statements, other than statements of historical facts, that address such matters, including the future trading of the Rights and Warrants, the rights offering notice and the rights offering circular and delivery of such documents by intermediaries, attempts by intermediaries to sell Rights, the solicitation of exercise of the Rights by MCRR and anticipated use of the Company of funds raised pursuant to the Rights Offering are forward-looking statements and, as such, are subject to risks, uncertainties and other factors which are beyond the reasonable control of the Company. Such statements are not guarantees of future performance and actual results or developments may differ materially from those expressed in, or implied by, this forward-looking information. Factors that could cause actual results to differ materially from those in forward-looking statements include such matters as the availability and cost of funds, the closing of the Rights Offering, uncertainty associated with estimating costs to complete the Rights Offering and other risks related to the business of the Company, Rights Offering and the Stand-by Guarantee. Any forward-looking statements are expressly qualified in their entirety by this cautionary statement. The information contained herein is stated as of the current date and subject to change after that date and the Company does not undertake any obligation to update publicly or to revise any of the forward-looking statements, whether as a result of new information, future events or otherwise, except as may be required by applicable securities laws.

This news release does not constitute an offer to sell or a solicitation of an offer to buy the securities described herein in the United States. The securities offered hereby have not been and will not be registered under the United States Securities Act of 1933, as amended (the "U.S. Securities Act"), or the securities laws of any state of the United States. Neither the Rights nor the Units may be offered or sold in or into the United States or to U.S. persons. The Rights may not be exercised in the United States or by, or on behalf of, any U.S. Person or person in the United States unless pursuant to an exemption from such registration requirements and the holder of such Right has provided VCV an opinion letter of U.S. counsel of recognized standing. "United States" and "U.S. persons" are as defined in Regulation S under the U.S. Securities Act.

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