Victory Battery Metals announced that it has closed its previously announced acquisition of the Yellow Chief Uranium Inc. properties. The Company issued 8,000,000 common shares at a deemed price of $0.05 in accordance with the terms of the June 26, 2024 Option Agreement. The common shares are subject to a four-month and one-day hold period. The Company advised that when originally signed, the agreement was an arms length [...]
Victory Battery Metals is pleased to announce that its board of directors now consist of Gerald Tritt, David Stadnyk and George Tsafalas, all of Vancouver, BC. David Stadnyk has assumed the role of president and CEO. The Company intends to close its recently announced Yellow Chief Uranium acquisition in the next 10 days. The Company wishes to thank Mark Ireton for his service to the company and wishes him well in his [...]
Victory Battery Metals welcomes Gary Musil as a director of the Company, effective July 1, 2024. Gary Musil has more than 35 years of management and financial consulting experience and has served as an officer and director on numerous public companies since 1988. This experience has resulted in his overseeing the financial aspects and expenditures on exploration projects in Peru, Chile, Eastern Europe, and British [...]
Victory Battery Metals is pleased to announce that it has significantly expanded it's focus on uranium, with the acquisition of the Yellow Chief uranium property in Utah, and a portfolio of four uranium properties in Saskatchewan. When combined with the previously announced Chariot River property in Saskatchewan, the companies holdings comprise 3,643 hectres. Terms of the Option Agreement are: The Option Agreement dated [...]
Victory Battery Metals is pleased to announce its sale of its Tahlo Lake, British Columbia property to a private company, Trimera Metals Corp., of Vancouver. Highlights of the Tahlo Lake Sale: Sale price includes cash consideration of $90,000 CAD for 100% interest in the property Victory will retain a 2% Gross Metal Royalty The GMR may be reduced at any time from 2.0% to 1.0% by the Royalty Payor, or its permitted assign [...]
Victory Battery Metals is pleased to announce that it has entered into an option agreement dated April 11, 2024 to acquire 100% interest in four claim groupings in the Sept Iles region of Quebec. These claims are being optioned from Globex Mining Enterprises Inc. Under terms of the agreement Victory will pay to Globex $400,000 in cash and 1,500,000 Victory shares over 3 years. In addition, Victory commits to execute a [...]
Victory Battery Metals announces today that it will undertake a non-brokered private placement of up to $500,000 by the issuance of 10,000,000 units at $0.05, each unit consisting of one share and one half a warrant. Each whole warrant entitles the holder to additional share for 2 years at a price of $0.10. In connection with the Offering, the Company may pay finder's fees in cash or securities or a combination of both [...]
Victory Battery Metals announces that it has closed its previously announced shares for debt settlement transaction. The Company entered into settlement agreements that settled $463,025 of debt by the issuance of 9,260,500 shares at a deemed price of $0.05, and the Company's balance sheet much improved. No finders fees were paid. The securities issued will be subject to a four-month and one-day hold period from closing [...]
Victory Battery Metals announces that it has entered into settlement agreements that will see $463,025 of debt settled by the issuance of 9,260,500 shares at a deemed price of $0.05, and the Company's balance sheet much improved. No finders fees will be paid. The securities issued will be subject to a four-month and one-day hold period from closing. Certain insiders participated in respect to accrued and unpaid fees and [...]
Victory Battery Metals is pleased to announce it has acquired an option interest in a uranium property on the north margin of the Athabasca Basin. The Property - Chariot River Uranium The Property is located 15 km northwest of Uranium City in the Beaverlodge Uranium District and is comprised of 120 claims spanning 1,978 ha over the Chariot River. The property is bordered by Atha Energy Corp to the south and east, is about [...]
Victory Battery Metals announces today that it will no longer be proceeding with the private placement financing of up to 8,000,000 units of the Company at a price of $0.05 per Unit for aggregate gross proceeds of up to $400,000 pursuant to the listed issuer financing exemption under Part 5A of National Instrument 45-106 - Prospectus Exemptions as previously announced on Jan 19, 2024. "We have determined that it is [...]
Victory Battery Metals is excited to announce its management team is targeting the uranium exploration sector, motivated by the robust market performance of uranium in 2023 and its bright prospects moving forward. "The strategic decision to explore uranium opportunities is driven by demand from nuclear reactors which was projected at 65,650 tonnes of elemental uranium in 2023, 1" stated Mr. Mark Ireton, President and CEO [...]