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VC.X.CN ·

Volatus Terminates Option Agreement

Property Options & Staking

VOLATUS CAPITAL CORP.

Suite 2900-733 Seymour Street Vancouver BC T 778-819-2710

NEWS RELEASE

VOLATUS ANNOUNCES TERMINATION OF OPTION AGREEMENT

Vancouver, B.C. – August 9, 2023 ‐ Volatus Capital Corp. (CSE: VC) (the “Company” or “Volatus”)

, effective August 3, 2023, it has elected to terminate the More Creek Property Option
Agreement entered into August 21, 2020 with Tower Resources Ltd. (TSXV: TWR) (“the Vendor”). The
Company is taking steps as necessary to return the project to the Vendor in good standing.

About Volatus Capital Corp.

Volatus is focused on exploration and development of resources in gold and copper in the Toodoggone district of north-central British Columbia, as well as magnesite in South Australia and battery metals that have strong demand profiles in the growing green economy.

FOR FURTHER INFORMATION CONTACT:

Christopher Reynolds President & CEO Volatus Capital Corp.

Telephone: 778-819-2710

Neither the Canadian Securities Exchange nor its Regulation Service Provider (as the term is defined in the policies of the Canadian Securities Exchange) accepts responsibility for the adequacy of accuracy of this news release.