08:34:49 EDT Thu 28 Mar 2024
Enter Symbol
or Name
USA
CA



Victory Ventures Inc
Symbol VVN
Shares Issued 39,711,000
Close 2016-11-28 C$ 0.025
Market Cap C$ 992,775
Recent Sedar Documents

Victory Ventures arranges $500,000 private placement

2016-12-02 14:19 ET - News Release

Mr. Howard Milne reports

VICTORY VENTURES ARRANGES $500,000 PRIVATE PLACEMENT AT $0.02 PER SHARE

Subject to TSX Venture Exchange acceptance to a pricing waiver, Victory Ventures Inc. is proceeding with a non-brokered private placement of up to 25 million shares at two cents per share to raise gross proceeds of up to $500,000. The company will pay finders' fees on a portion or the entire private placement in accordance with the policies of the TSX-V.

Net proceeds will be applied toward a coming initial exploration program on the company's Alberta lithium-brine properties, including data compilation, GIS (geographical information system) and target well delineation, water sampling, and a determination of resource worthiness, as well as to general working capital. Depending upon results of the initial program, the company may carry out further work to determine reservoir characterization and brine hydrology.

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