Victory Ventures Completes Private Placement Offering
TSX VENTURE EXCHANGE: VVN FRANKFURT: VV0 March 18, 2016
Victory Ventures Completes Private Placement Offering
Victory Ventures Inc. (the “Company”) is pleased to announce that it has now completed its private placement offering of 6,000,000 Units at $0.015 per Unit for gross proceeds of $90,000. 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 after the closing. The Company paid an aggregate of $7,500 in finder’s fees.
All Shares issued pursuant to the offering are subject to a hold period expiring four months and one day from the issuance date. Proceeds of the offering will be used for general working capital.
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