07:13:49 EST Sun 09 Feb 2025
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Petro-Victory Energy Corp (2)
Symbol VRY
Shares Issued 12,358,914
Close 2024-06-20 C$ 1.89
Market Cap C$ 23,358,347
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Petro-Victory receives holder OK for stock option plan

2024-06-20 16:37 ET - News Release

Mr. Richard Gonzalez reports

PETRO-VICTORY ENERGY CORP. ANNOUNCES STOCK OPTION PLAN APPROVAL

Petro-Victory Energy Corp. has received shareholder approval at the company's annual general and special meeting of shareholders held on June 20, 2024, for the company's fixed stock option plan, subject to final approval by the TSX Venture Exchange. The stock option plan is the same as the previous stock option plan, however the company has increased the number of common shares available for issuance under the stock option plan to 4,093,264 common shares. The aggregate number of common shares that may be reserved for issuance under the stock option plan must not exceed 20 per cent of the issued and outstanding common shares of the company as at the date of the meeting.

About Petro-Victory Energy Corp.

Petro-Victory Energy is engaged in the acquisition, development and production of crude oil and natural gas resources in Brazil. The company holds 100-per-cent operating and working interests in 41 licences totalling 272,912 acres in two different producing basins in Brazil. Petro-Victory generates accretive shareholder value through disciplined investments in high-impact, low-risk assets. The company's common shares trade on the TSX-V under the ticker symbol VRY.

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