The TSX Venture Exchange has accepted for filing documentation in relation to a term loan of $100,000 (U.S.) between Petro-Victory Energy Corp. and Chris Cooper. The loan matures on Dec. 11, 2024, and bears interest at a rate of 14 per cent per annum. Should any amounts of principal and/or interest remain unpaid after maturity, those amounts shall accrue interest thereafter at a rate of 18 per cent per annum. Additionally, the exchange has accepted for filing the issuance of 107,792 bonus warrants of the company, which are exercisable at $1.25 per common share, in connection with the loan.

For further details, refer to the company's news releases dated Sept. 24, 2024.