Vatic Acquires Highly Prospective Uranium Assets Contiguous with the Rossing and Husab Mines of Namibia, Southern Africa

  • Vancouver, British Columbia--(Newsfile Corp. - April 29, 2025) - Vatic Ventures Corp. (TSXV: VCV) (FSE: V8V) (OTC Pink: VCVVF) (the "Company" or "Vatic") is pleased to announce that it has entered into a share purchase agreement to acquire, subject to TSX Venture Exchange ("TSXV") approval, 100% of the shares of a private company which has the right to acquire up to 80% interest in a highly prospective uranium property in Namibia termed EPL 8289 ("EPL 8289" or the "ZOYA Property") covering 44.62 km2, and up to 90% in another prospective uranium license designated EPL 8735 ("EPL 8735" or the "GALORE Property") measuring 87.65 km2 both located in prime Namibian uranium province of Erongo and within the known Alaskite Alley. ABOUT THE PROPERTIES The arm's length private company Velvet Clean Energy Corp. ("Velvet") has signed a definitive agreement dated April 23, 2025 (the "Zoya Definitive Agreement") regarding the ZOYA Property adjoining the Husab uranium mine, which is one of the largest and highest grade Alaskite uranium deposit in the world.