Victory Closes Private Placement
Monday, 22 December 2014 18:50

Vancouver, BC – VICTORY RESOURCES CORPORATION (the “Company”) is pleased to announce that it has closed the previously announced non-brokered private placement. The Company has issued 2,651,668 units (“Units”) for gross proceeds of $159,100. Each Unit consists of one common share issued at $0.06 per share, and one common share purchase warrant. Each common share purchase warrant may be exercised by the holder to purchase an additional common share at a price of $0.15 for 24-months from closing.

The proceeds from this private placement will used for exploration/geological work on the Merritt property and for general working capital.

No Finder’s fees were paid.

All securities issued have a hold period expiring April 17, 2015.

On behalf of The Board of Directors of Victory Resources Corporation.

Roger Frost President, CEO

This news release contains certain forward looking statements which involve known and unknown risks, delays, and uncertainties not under the control of Victory Resources Corp. which may cause actual results, performance or achievements of Victory Resources Corporation to be materially different from the results, performance or expectation implied by these forward looking statements.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this press release, which has been prepared by management.