Volt Carbon Technologies Announces Correction to its News Release Dated June 13, 2023

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Calgary, Alberta, Canada, June 22, 2023 (GLOBE NEWSWIRE) — Volt Carbon Technologies Inc. (“Volt Carbon” or the “Company”) (TSX-V: VCT) (OTCQB:TORVF) issues the following new release to correct a typographical error with respect to the aggregate number of units (“Units”) purchased by two insiders of the Company in its prior news release dated June 13, 2023 announcing the closing of the Company’s private placement (the “Offering”). The June 13, 2023 news release stated that two insiders of the Company purchased or acquired direction and control over a total of 100,000 Units under the Offering, which is incorrect. The two insiders of the Company purchased or acquired direction and control over a total of 1,000,000 Units under the Offering. All other information in the June 13,2023 press release remains correct .

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