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MAV.CN ·

Victory Engaged in Property sale and Joint Venture Explorations

Mergers & Acquisitions Partnerships & JV

For Immediate Release

VICTORY ENGAGED IN PROPERTY SALE AND JOINT VENTURE

EXPLORATIONS

VANCOUVER, BC, CANADA (September 13th, 2023) — Victory Battery Metals Corp. (CSE: VR)

(FWB: VR61) (OTC: VRCFF) ("Victory" or the "Company") is excited to announce that the Company is

actively engaged in property sale and joint venture negotiations and discussions with interested parties

with confidentiality measures in place.

“Our assessment is that Victory has a rich property portfolio, and our market capitalization is not reflecting

full asset value,” said Mark Ireton, Victory CEO and Director. “Obviously, other industry players are

making the same assessment as we have had multiple unsolicited and attractive offers for multiple

properties within our portfolio, and we are in negotiations on one front and in a joint venture exploration

on a second property.”

“Although no guarantees can be made on the outcome of negotiations, this is a period where junior

mining companies such as Victory must consider all opportunities to gain scale and grow the value

proposition to the benefit of shareholders, and we are conducting our activities on that basis,” added Mr.

Ireton.

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 Battery Metals Corp.

VICTORY BATTERY METALS CORP. (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 Canadian 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, proposed 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", "aims", "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 achieved. 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.