Resignation of Director

TSX VENTURE EXCHANGE: VVN FOR IMMEDIATE RELEASE

DECEMBER 1, 2011

RESIGNATION OF DIRECTOR

VANCOUVER, BRITISH COLUMBIA – Victory Ventures Inc. (the “Company”) announces that, for personal reasons, Barry Price, M.Sc., P.Geo., has resigned as a director of the Company. The Board thanks Mr. Price for the time and effort that he has provided in the Company’s development.

On behalf of the Board of Directors: For more information please contact: Tel: (604) 377-8994

“Howard Milne” Email: [email protected]

Director Website: www.victoryventures.ca

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.