Victory Announces Private Placement
Monday, 11 May 2015 00:00

Vancouver, BC – VICTORY RESOURCES CORPORATION (the “Company”) is pleased to announce that is has arranged a non-brokered private placement to qualified investors. The private placement financing will consist of up to 2,000,000 units (“Units”) for gross proceeds of $120,000.00.

Vancouver, BC – VICTORY RESOURCES CORPORATION (the “Company”) is pleased to announce that is has arranged a non-brokered private placement to qualified investors. The private placement financing will consist of up to 2,000,000 units (“Units”) for gross proceeds of $120,000.00.

The proceeds of this private placement will be used to advance exploration activities at the Company’s Merritt property and for working capital.

All securities issued will be subject to a four-month hold period from closing.

Finder’s fees may be paid in cash or shares to qualified parties within the parameters allowed by the TSX-V.

This private placement remains subject to regulatory approval.

 

About Victory Resources Corp.

Victory Resources Corp. is a growth focused mineral exploration company committed to creating shareholder value through the exploration and development of mineral properties in Canada.

 

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.