Mr. Richard Gonzalez reports

PETRO-VICTORY ENERGY CORP. PROVIDES CORPORATE UPDATE

Petro-Victory Energy Corp. intends to complete a non-brokered private placement of common shares of the company at a price of $1.50 per common share for gross proceeds of $125,000 (U.S.). The company intends to use the net proceeds from the offering for general working capital and capital expenditures related to the development of existing fields. The closing of the offering is anticipated to occur on or about Nov. 28, 2025, and is subject to closing conditions customary for offerings of this nature, including receipt by the company of TSX Venture Exchange acceptance.

The company also announces that Charles H. (Chuck) Cotter has resigned from its board of directors to focus on his new role as chief executive officer of Kerplunk. Mr. Cotter has been a valued director and continues to be a significant investor since October, 2018. The company thanks Mr. Cotter for his leadership and contributions over the past seven years and wishes him continued success in his new endeavour.

About Petro-Victory Energy Corp.

Petro-Victory is an oil and gas company engaged in the acquisition, development and production of crude oil and natural gas in Brazil. The total portfolio under management as of the date of this filing includes 49 concession contracts with 276,755 acres, net to Petro-Victory, plus an additional six concessions and 19,074 acres owned jointly with BlueOak in Capixaba Energia. Through disciplined investments in high-impact, low-risk assets, Petro-Victory is focused on delivering sustainable shareholder value. The company's common shares trade on the TSX Venture Exchange under the ticker symbol VRY.

We seek Safe Harbor.