Victory Closes Private Placement
Wednesday, 06 May 2015 00:00

Vancouver, BC – VICTORY RESOURCES CORPORATION (the “Company”) announces that it has closed the non-brokered private placement previously announced on April 27, 2015. The  Company has issued 1,061,000 units (“Units”) for gross proceeds of $63,660. 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 common share at a price of $0.15 for 24-months from closing.

The proceeds from this private placement will be used for exploration work on the Toni property and for general working capital.

No Finder’s fees were paid.

All securities issued have a hold period expiring September 5, 2015.

 

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

Roger Frost
President & CEO