Petro-Victory Energy Corp. announces that it has borrowed an aggregate of US$350,000 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 until maturity and 18% per annum thereafter. The Lenders will be issued an aggregate of 685,350 bonus warrants in connection with the [...]
Petro-Victory Energy Corp. is pleased to announce that the Company's board of directors has approved the grant of stock options exercisable for a total of 918,507 common shares to its directors, officers, employees and consultants. All Options were granted pursuant to the Company's stock option plan and are subject to the terms of the applicable grant agreements and the requirements of the TSXV. The Options were granted [...]
Petro-Victory Energy Corp. announces that it has borrowed US$50,000 and issued an unsecured promissory note to an arm's length third party , dated May 14, 2025. The Loan has a one-year term and will mature on May 14, 2026. It bears interest at an annual rate of 14% per annum until maturity and 18% per annum thereafter. In connection with the Loan, the Lender will be issued 99,743 bonus warrants , each exercisable at [...]
Built to Win in Volatile Markets: Strategic Alliance Drives Scalable Growth Opportunities Petro-Victory Energy Corp. , an oil and gas exploration and production company focused on onshore Brazil, today announced the successful closing of its previously announced acquisition of Capixaba Energia LTDA , a producing oil and gas asset, generating substantial free cash flow, in the Espírito Santo Basin. The acquisition was [...]
Petro-Victory Energy Corp. announces that it has borrowed US$50,000 and issued an unsecured promissory note to an arm's length third party . The Loan bears interest at an annual rate of 14% per annum until maturity and 18% per annum thereafter. The Lender will be issued 77,411 bonus warrants in connection with the Loan, with each Warrant being exercisable at CAD$0.90 per common share on or before April 16, 2026. The Loan [...]
Petro-Victory Energy Corp. announces that it has borrowed US$250,000 and issued an unsecured promissory note to an arm's length third party . The Loan bears interest at an annual rate of 14% per annum until maturity and 18% per annum thereafter. The Lender will be issued 285,360 bonus warrants in connection with the Loan, with each Warrant being exercisable at CAD$1.25 per common share on or before March 26, 2026. The [...]
Built to Win in Volatile Markets: Strategic Partnerships Drive Scalable Growth Opportunities Petro-Victory Energy Corp. , an oil and gas exploration and production company focused on onshore Brazil, provided an update on its recent strategic milestones, including transformative partnerships and acquisitions that are accelerating the Company's growth and unlocking significant shareholder value. Richard F. Gonzalez, CEO of [...]
Petro-Victory Energy Corp. announces that, further, to press release dated October 6, 2022 and February 14, 2024, that the Company has extended the term of a US$1.7 million of secured financing from 579 Max, Ltd. . The financing bears interest payable quarterly at the rate of 14% per annum. The note was due March 31, 2025, but has been extended by 12 months to March 31, 2026 . In connection with the original financing [...]
Petro-Victory Energy Corp. is pleased to announce it has entered into an investor relations agreement with Alliance Advisors Investor Relations to provide the Company with investor relations services, with a primary focus on developing and managing an investor relations and communications program, including PR/media, social media and stakeholder relations. "As Petro-Victory continues to execute on its high-growth strategy [...]
Petro-Victory Energy Corp. and BlueOak Investments have signed a sale and purchase agreement to acquire Capixaba Energia LTDA, a fully integrated onshore Brazilian production company with strong financials and near-term growth potential. The transaction is expected to close in the second quarter of 2025. Key Acquisition Highlights Strategic Growth Hub: Capixaba Energia generates strong cash flow and owns critical [...]
Petro-Victory Energy Corp. is pleased to announce it intends to extend the exercise period for 1,205,350 common share purchase warrants issued on February 27, 2024 and 1,851,960 common share purchase warrants issued on March 28, 2023 , all of which are exercisable at CAD $4.00 per common share. The Warrants were issued pursuant to two separate private placement of units of the Company at a price of CAD $3.00 per Unit. The [...]
Petro-Victory Energy Corp. , pursuant to the press release dated December 17th, 2024, is pleased to announce the signing of a sale purchase agreement , in a 50/50 partnership with Azevedo & Travassos Petroleo , for the acquisition of 13 oil fields denominated as Polo Porto Carão and Polo Barrinha from 3R RNCE S.A. and 3R Potiguar S.A., subsidiaries of Brava Energia S.A. Key Highlights of the Acquisition Oil Fields: 13 oil [...]
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