Volatus Capital Corp. announced a non-brokered private placement of up to 8,000,000 flow-through units at a price of CAD 0.10 per unit for gross proceeds of CAD 800,000 and 5,000,000 non-flow-through units at CAD 0.08 per unit for gross proceeds of CAD 400,000, for aggregate of CAD 1,200,000 on September 16, 2021. Each unit will consist of one common share and one share purchase warrant, each warrant entitling the holder to acquire one additional common share at CAD 0.12 for a period of 5 years from the date of closing.

All securities will be subjected to a four month hold period from the date of closing. The company may pay finder's fee in the transaction.