Tocvan Provides Corporate Update

CALGARY, AB / ACCESSWIRE / April 19, 2024 / Tocvan Ventures Corp. (the "Company") (CSE:TOC)(OTCQB:TCVNF)(FSE:TV3), announces it has filed an amended and restated offering document dated April 19, 2024 (the "Amended and Restated Offering Document") in connection with its previously announced non-brokered private placement (the "Offering") pursuant to the listed issuer financing exemption under Part 5A of National Instrument 45-106 - Prospectus Exemptions, previously announced on April 10, 2024. The Amended and Restated Offering Document was redated after the Company satisfactorily addressed regulatory comments regarding available working capital. Other than a change of date, there were no amendments to the restated offering document. For more information about the Offering please refer to the Company's press release dated April 10, 2024. The Amended and Restated Offering Document can be accessed under the Company's profile at www.sedarplus.com and on the Company's website at tocvan.com. All prospective investors should read this offering document before making an investment decision.

The Company expects to close the Offering within the upcoming days. The closing remains subject to the Company obtaining all necessary corporate and regulatory approvals. The Company will evaluate and may potentially close an additional tranche of the Offering as it deems strategic based on needs and fit with prospective investors.

About Tocvan Ventures Corp.

Tocvan is a well-structured exploration and development company. Tocvan was created in order to take advantage of the prolonged downturn in the junior mining exploration sector, by identifying and negotiating interest in opportunities where management feels they can build upon previous success. Tocvan has approximately 43 million shares outstanding and is earning into two exciting opportunities in Sonora, Mexico. The Company has consolidated an attractive land position at its Pilar Gold-Silver Project where it holds 100% interests in over 21 square kilometers of prospective area and a majority ownership (51%) in a one square kilometer area shared with Colibri Resources. The Company also holds 100% interest in the Picacho Gold-Silver project in the Caborca Trend of northern Sonora, a trend host to some of the major gold deposits of the region. Management feels both projects represent tremendous opportunity to create shareholder value.