Victory Ventures Closes First Tranche of Offering
TSX VENTURE EXCHANGE: VVN FRANKFURT: VV0 March 11, 2016
Victory Ventures Closes First Tranche of Offering
Victory Ventures Inc. (the “Company”) is pleased to announce that it has closed a first tranche of a previously announced private placement financing. The Company will be issuing 4,000,000 Units at $0.015 per Unit. Each Unit consists of one common share and one share purchase warrant, entitling the holder to acquire an additional common share at $0.05 per share for a two year period.
All Shares issued pursuant to the offering will be subject to a hold period expiring four months and one day from the issuance date. A 10% cash finder’s fee will be paid to a finder with respect to the first tranche closing.
On behalf of the Board of Directors: For more information please contact:
Tel: (604) 377‐8994
“Howard Milne” Email: Howard Milne, [email protected]
Corporate Secretary, [email protected] President Website: www.victoryventures.ca
Victory Ventures Inc. is a Canadian‐based junior mining exploration company focused on the procurement, exploration and development of precious metal properties in North America. The Company’s shares are listed and posted for trading on the TSX Venture Exchange under the symbol "VVN" and on the Frankfurt Exchange under the symbol “VV0”.
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.
NOT FOR DISSEMINATION IN THE UNITED STATES