VOLT CARBON TECHNOLOGIES CLOSES $700,000 PRIVATE PLACEMENT

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Calgary, AB, Canada, Nov. 11, 2022 (GLOBE NEWSWIRE) -- Volt Carbon Technologies Inc. (“Volt” or the “Company”) (TSX-V: VCT & OTCQB:TORVF), with reference to its news release dated October 24, 2022, is pleased to announce that it has closed the private placement by placing an aggregate of 9,999,999 common shares in the capital of the Company (the “Shares”) at a price of $0.07 per Share for gross proceeds of $700,000 (the “Offering”). The Shares issued as part of the Offering are subject to a four month and one (1) day hold period.

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