Victory Resources Corp. announced it is undertaking two non-brokered private placements. The Company will issue up to 26,666,667 units at a price of $0.075 per unit, for gross proceeds of $2,000,000. Each unit consists of one common share and one common share purchase warrant. Each warrant entitles the holder to purchase one additional common share at $0.10 for a period of two years from the date of closing, subject to [...]
Victory Resources Corp. announced it intends to proceed with a consolidation of its common shares on the basis of ten pre-consolidation Shares for one post-consolidation Share. The Board of Directors approved the consolidation on June 9, 2020. The Company currently has 193,221,049 Shares issued and outstanding. Accordingly, once the Consolidation is effective, the Company will have 19,322,104 Shares issued and [...]
Victory Resources announced today that it will focus on its mineral exploration project, the Mal-Wen property located near Merritt, with an exploration program consisting of geological mapping and sampling, over burden survey and airborne magnetometer and IP surveys, It is anticipated that this program will cost approximately $150,000 and be completed in the third quarter of this year. In addition the Company announces [...]
Victory Resources announces that it has extended the expiry date of an aggregate of 38,357,904 previously issued warrants for an additional 2 years. The Warrants were originally issued January 22, 2018, with an original expiry date of January 21, 2020. The 18,937,904 non-flow through Warrants entitles the holder to purchase a common share of the Company at an exercise price of $0.06875 . The 19,420,000 flow through [...]
Victory Resources Corp. announced it has determined that it is in its shareholders' best interests to formalize its business focus to that of an investment company, subject to CSE approval. In accordance with the policies of the CSE, trading in the shares of Victory will be halted pending the review and filing of a listing statement describing the new business focus and satisfying other CSE policy requirements, which [...]
Victory Resources Corp. announced it has completed its final closing of its previously announced non-brokered private placement. The Private Placement consists of a total of 96,013,901 units priced at $0.015 for proceeds of $1,440,208.51. Each Unit consists of one common share and one common share purchase warrant, exercisable at $0.05 for a period of two years from closings. On the initial closing, 87,147,234 Units were [...]
Victory Resources Corporation announces that the CIA Cannabis Intelligence Agency Inc., with which the Company recently announced its Letter of Intent toward an investment, is conducting a major market consumer study throughout North America. "The cannabis industry is in very early stages overall. In multiple cases leaders of companies have gone from growers to consumer packaged goods experts, and those leaders are [...]
Victory Resources announces that the Company, a diversified investment corporation, has invested in World High Life PLC a UK CBD wellness and medicinal cannabis investment company listed on the London NEX Exchange under the symbol LIFE. As a diversified investment corporation, Victory is looking at multiple investment opportunities, and the Company's investment in World High Life provides Victory shareholders with [...]
Victory Resources has been requested to clarify its earlier press release of October 17, 2019 announcing that the company has signed a Letter of Intent and entered into formal due diligence toward an investment in a company in the market research and data analytics space with a specialty focus on cannabis consumers called the CIA - Cannabis Intelligence Agency Inc. This is a letter of intent, there is no assurance any [...]
Victory Resources announces that the company has signed a Letter of Intent and entered into formal due diligence toward an investment in a company in the market research and data analytics space with a specialty focus on cannabis consumers called the CIA - Cannabis Intelligence Agency Inc. CIA HIGHLIGHTS Employ a data driven approach to empower clients with a competitive advantage Support strategic planning with real [...]
Victory Resources Corp. announced it has completed its initial closing of a non-brokered private placement. The Private Placement consists of up to 133,333,333 units priced at $0.015 for proceeds of $2,000,000. Each Unit consists of one common share and one common share purchase warrant, exercisable at $0.05 for a period of two years from closings. On the initial closing, 87,147,234 Units were issued for gross proceeds of [...]
Victory Resources Corp., announced it is undertaking a non-brokered private placement offering of up to $2,000,000. The Private Placement consists of units priced at $0.015. Each Unit consists of one common share and one common share purchase warrant, exercisable at $0.05 for a period of two years from closing. The Company may accelerate the warrant expiry date upon 30 days notice if the common shares of the Company trade [...]