Petro-Victory Energy Corp. announces that the Company has issued 575,000 bonus warrants to PPF 13, LLC in consideration for the forbearance and extension of the principal payment on the previously announced loan from the Lender to the Company . The Bonus Warrants are exercisable at CAD$0.75 on or before August 25, 2026. The issuance of the Bonus Warrants remains subject to TSXV final acceptance. The Bonus Warrants replace [...]
Petro-Victory Energy Corp. is pleased to announce that it has closed its previously announced non-brokered private placement financing under which it has issued 117,142 Class A common shares of the Company at a price C$1.50 per Common Share for aggregate gross proceeds of US$125,000. The net proceeds from the Offering will be used for working capital and corporate expenses. The Common Shares issued in the Offering are [...]
Petro-Victory Energy Corp. announces that it intends to complete a non-brokered private placement of common shares of the Company at a price of CAD$1.50 per Common Share for gross proceeds of US$125,000 . The Company intends to use the net proceeds from the Offering for general working capital and capital expenditures related to the development of existing fields. The closing of the Offering is anticipated to [...]
Petro-Victory Energy Corp. announces the successful completion of a borrowing transaction totaling US$300,000 with an unsecured promissory note issued to 579 Max, Ltd. . The Loan carries an annual interest rate of 14% and is scheduled to mature on October 13, 2026. In connection with the Loan, the Lender has been granted 600,000 bonus warrants having an exercise price of C$0.70 per share and an expiry date of October 13 [...]
Petro-Victory Energy Corp. is pleased to announce that it has closed its previously announced non-brokered private placement financing under which it has issued 2,100,666 Class A common shares of the Company at a price C$1.50 per Common Share for aggregate gross proceeds of US$2,300,000. The net proceeds from the Offering will be used for general working capital and capital expenditures related to the development of [...]
Petro-Victory Energy Corp. is pleased to announce a private placement and provide the market with a corporate update. Highlights Private Placement: The Company is pleased to announce a non-brokered private placement of up to US$2.3M at CAD$1.50 per share, expected to close on or about September 26, 2025. Update on business combination: Azevedo & Travassos Energia did not meet the conditions precedent related to the [...]
Petro-Victory Energy Corp. announces that it has borrowed an aggregate of US$475,000 and issued unsecured promissory notes to Thomas Cooper, a director of the Company, and to an arm's length third party . The Loans have a term of one year and bear interest at an annual rate of 14% per annum. The Lenders will be issued an aggregate of 1,062,123 bonus warrants in connection with the Loans, with 502,451 Warrants being [...]
Petro-Victory Energy Corp. is pleased to announce that the drilling operations for the AND-5 well, in partnership with Azevedo & Travassos Energia , located in the Andorinha Field, Potiguar Basin, Rio Grande do Norte, were successfully concluded. Highlights Drilling Operations: Drilling began on June 25 and concluded on July 5, reaching a total depth of 1,165 meters through sedimentary and basement rock layers. Technical [...]
VANCOUVER, BC, July 4, 2025 /CNW/ - Trading resumes in: Company: Petro-Victory Energy Corp. TSX-Venture Symbol: VRY All Issues: Yes Resumption : 12:30 PM CIRO can make a decision to impose a temporary suspension of trading in a security of a publicly-listed company. Trading halts are implemented to ensure a fair and orderly market. CIRO is the national self-regulatory organization which oversees all investment dealers and [...]
Petro-Victory Energy and Azevedo & Travassos Energia are pleased to announce the signing of a binding memorandum of understanding on July 2, 2025 pursuant to which Petro-Victory and ATE intend to complete an arm's length business combination by the acquisition by ATE of all of the issued and outstanding common shares of the Company. The Transaction is intended to combine the businesses and assets of ATE and the Company [...]
VANCOUVER, BC, July 3, 2025 /CNW/ - The following issues have been halted by CIRO Company: Petro-Victory Energy Corp. TSX-Venture Symbol: VRY All Issues: Yes Reason: Pending News Halt Time : 8:24 AM CIRO can make a decision to impose a temporary suspension of trading in a security of a publicly-listed company. Trading halts are implemented to ensure a fair and orderly market. CIRO is the national self-regulatory [...]
Petro-Victory Energy Corp. , an oil and gas exploration and production company focused on onshore Brazil, is pleased to announce the commencement of the drilling campaign of the AND-5 well at the Andorinha Field located in the Potiguar Basin, Rio Grande do Norte, Brazil. AND-5 Well: Fully-Funded Drilling Campaign Underway in the Potiguar Basin The AND-5 well drilling campaign, located in the 100% owned Andorinha Field in [...]
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