Victory Resources is pleased to announce that the first phase of exploration has commenced on the Hammond Reef South Project, which adjoins Agnico Eagle's Hammond Reef Project in Northwestern Ontario. The Company optioned the Hammond Reef South property from Abitibi Royalties, as announced on August 10th, 2020. The Company has engaged Clark Exploration of Thunder Bay to complete the proposed work program. The first phase [...]
Victory Resources Corp. is pleased to announce that it has completed the final tranche of its non-brokered common share unit private placement . In the first tranche the Company raised proceeds of $1,769,600 through the sale of 23,594,665 Units. The final tranche of the Financing the Company raised proceeds of $373,025.03 through the sale of 4,973,667 Units. Securities issued pursuant to the final tranche are subject to [...]
Victory Resources Corp. is pleased to announce that the Company is advancing its exploration plan for its Mal-Wen, British Columbia property. The Mal-Wen Property consists of 6 mineral claims with a total area of 1143.58 hectares that is located about 30 km southeast of Merritt in south-central British Columbia. The Mal-Wen Property is within the eastern belt of the Nicola Group, in south-central BC, which hosts numerous [...]
Victory Resources Corp. is pleased to announce the closing of the first tranche of its previous announced non-brokered common share unit financing. The Corporation raised gross proceeds of $1,571,050 through the sale of 20,947,332 equity units. The placement consists of units priced at $0.075 each, with each unit consisting of one share and one warrant exercisable for 2 years from closing at an exercise price of $0.10 [...]
Company to Advance Exploration on Newly Optioned Property from Abitibi Royalties Targeted to Begin in Late September Victory Resources Corp. is pleased to announce that the Company is advancing its exploration plan with the development of a work program for September 2020 on the Hammond Reef South Project, which adjoins Agnico Eagle's Hammond Reef Project in Northwestern Ontario. Having optioned the Hammond Reef South [...]
Victory Resources Corp. is pleased to announce that the Company has entered into an option agreement for Victory to acquire 100% interest in the Hammond Reef South Project, which adjoins Agnico Eagle's Hammond Reef Project in Northwestern Ontario. "Hammond Reef South represents the first major advance in Victory's recently announced objective to embark on a significant gold, silver and precious metals acquisition [...]
Victory Resources Corp. is pleased to announce that the Company is developing a work program for its current Mal-Wen copper project in British Columbia, and actively seeking new properties in the gold, silver and precious metals sector. The Mal-Wen Property is within the eastern belt of the Nicola Group, in south-central BC, which hosts numerous alkalic porphyry deposits, including the presently producing New Afton Mine [...]
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 [...]
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