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Victory Adds Stingray Properties Directly South and Adjacent to Patriot Battery Metals Corvette Property

Corporate Updates

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

For Immediate Release

VICTORY ADDS STINGRAY PROPERTIES DIRECTLY SOUTH AND

ADJACENT TO PATRIOT BATTERY METALS CORVETTE PROPERTY

● Victory Resources, announces that the company has staked the new Stingray I

and acquired the new Stingray II properties in Quebec, adjacent to Power

Battery Metals (CSE-PMET) Corvette lithium discoveries

● Stingray I consists of 4 claims totalling 204 hectares extending directly from the

south property line of Patriot Battery Metals (PMeT)’s Corvette Property

● Stingray II consists of 40 claims totalling 2041 hectares situated south and

southwest of PMet’s Corvette project

VANCOUVER, BC, CANADA ( July 5th, 2022) – Victory Resources Corporation (CSE: VR)

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

Company’s has added to its Lithium property portfolio in Quebec by staking and acquiring its new

Stingray I & Stingray II properties, directly south and to the south/southwest of Patriot Battery

Metals (CSE: PMET) Corvette lithium property in Quebec, respectively.

The following is derived from PMet’s news release dated June 23 rd, 2022. Victory has not

independently verified any of the following content. Patriot Battery Metals results from its 2022

winter drill program include some of the strongest drill intersections to date, including 1.22% Li20

and 138 ppm Ta205 over 152.8 metres (CV22030) and 1.45% Li20 and 177 ppm Ta205 over 84

metres (CV22-028).

“We are excited to add this property to the Victory portfoli o, our exploration team is pursuing

lithium properties in both Canada and USA currently, and this region, specifically noting the

adjacent Corvette property, has delivered strong lithium findings,” said Mr. Mark Ireton, Victory

Resources President and CEO. “Our team is continuing its work to identify, analyze and acquire

lithium rich properties in areas of interest as the global demand for lithium is forecast to be 6 times

greater than today by 20301.”

The Company continues to pursue additional lithium properties and is in the process of developing

a work plan for its wholly owned new Stingray I & Stingray II properties.

1 https://www.pbs.org/newshour/economy/u-s-seeks-new-lithium-sources-as-demand-for-clean-energy-grows

The technical information contained in this news release has been reviewed and approved by

Bob Marvin (PGeo), who is a Qualified Person as defined under National Instrument 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 release m ay 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 fin ancial

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 expre ssed 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.