Victory Metals Inc. and Nevada King Mining Ltd. announce that they have entered into a binding letter agreement dated November 16, 2020, whereby Victory will acquire all the issued and outstanding shares of Nevada King. The business combination will be completed pursuant to a statutory plan of arrangement whereby all of the outstanding Nevada King Shares will be exchanged for common shares of Victory. The shareholders of [...]
Victory Metals Inc. announces it will be closing an additional non-brokered private placement offering, raising gross proceeds of $200,000 through the issuance of 500,000 common shares in the capital of the Company at a price of $0.40 per Share. On October 8, 2020, the Company closed a non-brokered private placement offering, pursuant to which it raised $2,000,000 by issuing 5,000,000 Shares at a price of $0.40 per Share [...]
Victory Metals Inc. announces it will be closing a non-brokered private placement financing previously announced on September 16, 2020, raising gross proceeds of $2,000,000 through the issuance of 5,000,000 common shares in the capital of the Company at a price of $0.40 per Share. In connection with the Private Placement, cash finder's fees in the total amount of $6,900.00 payable to eligible finders are applicable. The [...]
Victory Metals Inc. announces it intends to complete a non-brokered private placement offering for proceeds up to $2,000,000 through the issuance of up to 5,000,000 common shares in the capital of the Company at a price of $0.40 per Share . Victory intends to use the proceeds of the Private Placement to advance its Iron Point Vanadium Project and for general working capital purposes. All securities to be issued in [...]
Victory Metals Inc. is pleased to announce assay results from the third and final set of drill holes as part of its 10,532 meter, 52 hole Phase II drilling program at the Iron Point Vanadium Project, Nevada. Today's release includes 27 holes targeting the southern portion of the Iron Point mineralized vanadium zone. These vertical and angle holes were recommended by Mine Development Associates to better define the outer [...]
Victory Metals Inc. is pleased to announce assay results from the second set of holes completed during the 53 hole Phase II drilling program at its Iron Point vanadium project, Nevada. Today's release includes eleven holes that targeted the northern portion of the Iron Point vanadium zone and were drilled as both vertical and angle holes. These holes were recommended by Mine Development Associates to better define the [...]
Victory Metals Inc. is pleased to announce assay results from the first set of holes completed during the 53 hole Phase II drilling program at its Iron Point vanadium project, Nevada. Today's release includes thirteen reverse circulation and one HQ diamond drill holes that targeted the central portion of the Iron Point vanadium zone. These holes were recommended by Mine Development Associates to in-fill gaps in last [...]
Victory Metals announces the closing of the non-brokered private placement previously announced on September 30, 2019 , to raise proceeds of $500,000 through the issuance of 746,268 common shares at $0.67 per Share representing a premium of 70% to the previous day's closing price. No finder's fees were paid in connection with the Financing and the proceeds will be used for working capital purposes. The Company remains [...]
Victory Metals is pleased to announce the results of its annual and special meeting of shareholders held today in Vancouver, British Columbia . All matters submitted to shareholders for approval as set out in the Company's Notice of Meeting and Information Circular, both dated August 22, 2019, were approved by the requisite majority of votes cast at the Meeting. Shareholders approved setting the number of directors of [...]
Victory Metals is pleased to announce that its joint venture partner, Ethos Gold, has completed its Phase I deep drill program at Iron Point, Nevada. The program represented the first known deep drilling at Iron Point, and was designed to target lower plate stratigraphy and look for the presence of Carlin style gold mineralization. For full information on results and interpretation of the drilling, please refer to Ethos [...]
Victory Metals is pleased to announce the successful completion of its Phase II, 9,745 meter drill program at its Iron Point Vanadium Project in Nevada. The drill program was designed to test lateral and depth extensions of vanadium mineralization defined in the Phase I drilling, as well as to provide representative material from multiple locations throughtout the mineralized zones for detailed metallurgical testing [...]
Victory Metals Inc. is pleased to announce that its joint venture partner, Ethos Gold Corp. , has commenced drilling at the Iron Point project 22 miles east of Winnemucca, Nevada. Ethos' primary target is Carlin-type gold mineralization hosted in Lower Plate stratigraphy below the Roberts Mountain thrust fault. Some of the world's largest and highest grade gold deposits are found in this Lower Plate stratigraphy. The [...]