News Column

Vatic Arranges Private Placement

August 21, 2014



ENP Newswire - 21 August 2014

Release date- 19082014 - Vancouver, BC - Vatic Ventures Corp (TSX-V: VCV and Frankfurt: V8V) announced that it has arranged an offering of its securities.

Pursuant to the Offering, Vatic proposes to sell up to 2,375,000 units (the 'Units') at a price of $0.06 per Unit. Each Unit is comprised of one common share (a 'Share') and one purchase warrant (a 'Warrant').

The share purchase warrants shall expire on the earlier of the last day of the three (3) year exercise term or the Accelerated Expiry Date. Vatic intends to use the proceeds from the Offering to acquire assets and for working capital purposes. Finder's fees may be payable in shares, warrants or cash or any combination thereof in connection with the Offering. The proposed private placement is subject to regulatory approval.

Contact:

Vatic Ventures

318 - 1008 Homer St

Vancouver, BC V6B 2X1

Tel: 604 566 9399

Fax: 604 568 8500

Email: info@vaticventures.com


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Source: ENP Newswire


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