Volatus Capital Corp. announced a non-brokered private placement of up to 20,000,000 units at a price of CAD 0.05 per unit for gross proceeds of up to CAD 1,000,000 on March 9, 2022. Each unit will consist of one common share and one share purchase warrant. Each warrant entitles the holder to purchase one additional common share of the Company at a price of CAD 0.07 for a term of five years from closing of the Offering. All securities issued will be subject to a four month hold period from the date of the issuance of such securities. The Company may pay finder's fees in accordance with the policies of the Canadian Securities Exchange.

On the same date, the company issued 12,200,000 units for gross proceeds of CAD 610,000 in its first tranche closing to returning investor Crest Resources Inc. All securities issued in the First Tranche are subject to a four month hold period expiring July 10, 2022.