Victory Announces Change of Business Focus to That of an Investment Company
43118979_2|NATDOCSVictory Resources Corporation - Suite 734, 1055 Dunsmuir Street, Vancouver, BC, V7X 1B1
For Immediate Release
VICTORY ANNOUNCES CHANGE OF BUSINESS FOCUS TO THAT OF AN
INVESTMENT COMPANY
VANCOUVER, BC, CANADA (November 21, 2019) – Victory Resources Corporation (CSE: VR)
(FWB: VR61) (OTC: VRCFF) (“Victory” or the “Company”) announced it has determined that it
is in its shareholders’ best interests to formalize its business focus to that of an investment
company, subject to CSE approval. In accordance with the policies of the CSE, trading in the
shares of Victory will be halted pending the review and filing of a listing statement describing
the new business focus and satisfying other CSE policy requirements, which include shareholder
approval. Coincident with this change of business, the Company will change its name to Victory
Empire Inc.
As a diversified investment corporation, Victory will look at multiple investment opportunities,
without being restricted to any particular industry or sector. While it anticipates that most of its
investments will be by way of an equity position, it may also provide debt financing. The
Company may take an active role in management of its investee companies where its
experience and contacts would be beneficial.
The Company has recently announced investments or potential investments in the health and
wellness sector and the market data sector. While it has no plans to divest itself of its mineral
resource property in BC, the Company is aware that the market remains unfriendly to junior
mining companies. As a result, this change of business should be beneficial to its shareholders.
For further information, please contact:
David Lane, President
Telephone: +1 (236) 317 2822
E-mail: [email protected]
About Victory Resources Corporation
43118979_2|NATDOCSVictory Resources Corporation - Suite 734, 1055 Dunsmuir Street, Vancouver, BC, V7X 1B1
VICTORY RESOURCES CORPORATION (CSE: VR) is a publicly traded diversified investment corporation
with mineral interests in North America. The company is also currently seeking other 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 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 expressed 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 incl uding, 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.