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Victory Increases Stingray Property Claims Near Patriot Battery Metals (TSXV-PMET) Corvette Property

Mergers & Acquisitions

Suite #1780, 355 Burrard St., Vancouver, BC, Canada, V6C 2G8

For Immediate Release

VICTORY INCREASES STINGRAY PROPERTY CLAIMS NEAR

PATRIOT BATTERY METALS (TSXV-PMET) CORVETTE PROPERTY

● Victory has acquired additional claims, adding to its Stingray property array in

Quebec on ground adjacent to Patriot Battery Metals, (TSXV-PMET) Corvette

lithium discoveries

● Expanding from 49 claims previously announced, Victory has now in total

acquired, staked, and files 66 claims in the highly prospective James Bay Lithium

District

● Victory’s exploration team is actively pursuing additional property in the region

and other promising Lithium areas in both Canada and the USA

VANCOUVER, BC, CANADA (November 29th, 2022) – Victory Resources Corporation (CSE:

VR) (FWB: VR61) (OTC: VRCFF) (“Victory” or the “Company”) is pleased to announce that

the Company’s has increased its land claim holdings in the James Bay Lithium District in Quebec,

bringing the total claims acquired, staked, and filed to sixty-six. The Company’s Stingray

Properties are non-contiguous in the vicinity of Patriot Battery Metals ( TSXV: PMET) Corvette

lithium property.

Victory has acquired 17 new Stingray claims, adding to its array of property in the

vicinity of PMET’s Corvette property. 100% ownership of the claims has been acquired

for a cash payment of $7,000 and a total of 2.8 million shares.

The James Bay Region of Quebec is composed of the Superior Province. This Archean

craton has been deformed by various orogens over time, creating large fault zones containing

gold, lithium, copper, zinc, and silver mineralization. The majority of the new Stingray claims

lie along the same rock unit that has been previously mapped by Patriot Battery Metals Inc.,

contains lithium-bearing pegmatites up to 20 km in length with Li 2O values as high as 1280

ppm.1

Donald Théberge, P.Eng., M.B.A., an independent qualified person as defined in National

Instrument 43-101, has reviewed, and approved the technical contents of this news release on

behalf of the Company.

1 https://patriotbatterymetals.com/patriot-discovers-new-lithium-pegmatite-cluster-on-trend-with-the-cv5-pegmatite-

and-samples-3-73-li2o-corvette-property-quebec/

For further information, please contact:

Mark Ireton, President

Telephone: +1 (236) 317 2822 or TOLL FREE 1 (855) 665-GOLD (4653)

E-mail: [email protected]

About Victory Resources Corporation

VICTORY RESOURCES CORPORATION (CSE: VR) is a publicly traded diversified investment corporation

with mineral interests in North America. The Company is also actively seeking other exploration

opportunities.

Neither the Canadian Securities Exchange nor its Regulation Services Provider (as that term is defined in

the policies of the Canadi an Securities Exchange) accepts responsibility for the adequacy or accuracy of

this release.

Forward Looking Statements

Certain information set forth in this news release may contain forward -looking statements that involve

substantial known and unknown risks and uncertainties. All statements other than statements of historical

fact are forward -looking statements, including, without limitation, statements regarding future financial

position, business strategy, use of proceeds, corporate vision, pr oposed acquisitions, partnerships, joint -

ventures and strategic alliances and co -operations, budgets, cost and plans and objectives of or involving

the Company. Such forward -looking information reflects management's current beliefs and is based on

information currently available to management. Often, but not always, forward -looking statements can be

identified by the use of words such as "plans", "expects", "is expected", "budget", "scheduled", "estimates",

"forecasts", "predicts", "intends", "targets", "ai ms", "anticipates" or "believes" or variations (including

negative variations) of such words and phrases or may be identified by statements to the effect that certain

actions "may", "could", "should", "would", "might" or "will" be taken, occur or be achiev ed. A number of

known and unknown risks, uncertainties and other factors may cause the actual results or performance to

materially differ from any future results or performance expressed or implied by the forward -looking

information. These forward-looking statements are subject to numerous risks and uncertainties, certain of

which are beyond the control of the Company including, but not limited to, the impact of general economic

conditions, industry conditions and dependence upon regulatory approvals. Readers are cautioned that the

assumptions used in the preparation of such information, although considered reasonable at the time of

preparation, may prove to be imprecise and, as such, undue reliance should not be placed on forward -

looking statements. The Company does not assume any obligation to update or revise its forward -looking

statements, whether as a result of new information, future events, or otherwise, except as required by

securities laws.