Volatus Increases Financing and Announces Potential to Buy Magnesite Project

VOLATUS CAPITAL CORP.

NEWS RELEASE

VOLATUS INCREASES FINANCING AND ANNOUNCES POTENTIAL TO BUY MAGNESITE PROJECT

May 13, 2020 CSE Trading Symbol: VC

Volatus Capital Corp. (“Volatus” or the “Company”) announces it is to amend and expand the previously announced (April 30) non-brokered private placement offering to issue up to 10,000,000 units at $0.075 per-unit for gross proceeds of up to $750,000, to now offering to issue up to 20,000,000 shares at $0.075 per share (no warrant) for gross proceeds of up to $1,500,000. Finders fees may be paid as allowed under exchange policies.

The proceeds raised from this offering will be used by the Company to conduct further exploration work on its properties in British Columbia, project acquisitions, and for general corporate purposes.

The Company also announces that it is in negotiations to acquire the exclusive right to purchase a significant magnesite project in Australia. To obtain the exclusive rights to negotiate the acquisition, the Company will pay a deposit of $300,000. If the project is acquired, the $300,000 will be applied to the purchase price. If no transaction occurs within six months the Company will be refunded $250,000. The Company is also actively pursuing the acquisition of gold projects in Canada.

About Volatus Capital Corp.

The Company is focused on exploration and development of resources in gold and the green economy that have strong demand profiles.

We seek Safe Harbor.

ON BEHALF OF THE BOARD

“Michael Collins”

Michael Collins, President and CEO For additional information, contact Volatus at 604-681-3170

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