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Victory Launches Expanded Geological Sampling Program ON Smokey Lithium Property

Exploration Programs

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

For Immediate Release

VICTORY LAUNCHES EXPANDED GEOLOGICAL SAMPLING

PROGRAM ON SMOKEY LITHIUM PROPERTY

2-3 Week Program Builds Upon Findings From the Geological Reconnaissance

Program in Spring/2021 With a View Toward a Drill Program Based Upon Results

VANCOUVER, BC, CANADA ( June 15, 2021) – Victory Resources Corporation (CSE: VR)

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

Company has launched an extensive geological sampling program on its recently acquired

Smokey Lithium property in Esmeralda County, Nevada.

Victory’s team of 2 geologists has begun a n extensive two -week sampling project on the

Smokey Lithium property. The goal of the project is to sample the claystones using Laser

Induced Breakdown Spectroscopy ( LIBS) analyzers, as well as collecting verification samples

for submission for lab analysis.

Previous reconnaissance sampling by Victory Resources Corporation returned anomalous Li in

claystone (i.e. >300 ppm Li) on the southwest part of the Smokey Lithium Property. The current

sampling program will greatly expand coverage and knowledge on majo r areas of the Smokey

Lithium Property where no previous sampling has occurred. During spring, 2021, the property

was mapped by Victory geologists to gather the information to plan the c urrent extensive

sampling program.

Pulps from previous sampling by V ictory have been used to calibrate the LIB S analyzer, which

will allow real time analysis of claystones on the property. These analyses will in turn guide an

application for a proposed drill program. Confirmation samples will also be submitted to ALS for

analysis.

Victory’s Smokey lithium project is a clay lithium property that lies approximately 20 miles north

of Clayton Valley, and 20 miles west of American Lithium’s flagship lithium project. Smokey

Lithium is located 25 km northwest of Noram's Zeus Li Project and 35 km southwest o f

American Lithium Corporation's Tonopah Lithium Claims Property in southwest Nevada.

Esmeralda County Nevada is a prolific region for lithium clay deposits, (Noram, Cypress,

American Lithium, Spearmint, Enertopia, Jindalee).

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

Scientific and technical information contained in this press release was reviewed and approved

by Mr. Helgi Sigurgeirson, Victory Geologist, and a "qualified person" under NI 43-101.

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 Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of

this release.

Forward Looking Statements

Certain information set forth in this news relea se 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 e xpressed 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 c onditions, 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 su ch, 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.