Victory Ventures Completes Private Placement

TSX VENTURE EXCHANGE: VVN FEBRUARY 22, 2012 FRANKFURT: VV0

VICTORY VENTURES COMPLETES PRIVATE PLACEMENT

Victory Ventures Inc. (VVN-TSX, the “Company”) is pleased to announce that its private placement announced January 12, 2012 was oversubscribed. The Company has closed the private placement and issued 1,099,000 Units at $0.06 per Unit. Each Unit consists of one common share and one share purchase warrant. Each warrant is exercisable to acquire an additional common share at $0.12 per share until February 16, 2014. Proceeds have been applied to working capital. The Company paid $912 in finders’ fees.

The shares, and any shares issued on exercise of the share purchase warrants, are subject to a hold period until June 17, 2012.

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.