Victory Battery Metals Corp. Announces Share Consolidation and Name Change to Supreme Critical Metals Inc.
For Immediate Release
VICTORY BATTERY METALS CORP. ANNOUNCES SHARE CONSOLIDATION AND NAME CHANGE
TO SUPREME CRITICAL METALS INC.
VANCOUVER, BC, CANADA (October 22, 2024) – Victory Battery Metals Corp. (CSE: VR) (FWB:
VR61) (OTC: VRCFF) (“Victory” or the “Company”) is pleased to announce that it intends to proceed
with a name change to “Supreme Critical Metals Inc.” (the “ Name Change ”) and consolidation of its
common shares on the basis of ten (10) pre-consolidation common shares for one (1) post-consolidation
common share of the Company (the “ Share Consolidation”). The Board of Directors approved the Name
Change and Share Consolidation on October 18, 2024. The Company will trade on the CSE under the new
symbol “CRIT”.
The Company currently has 47,442,222 common shares issued and outstanding. Accordingly, once the
Share Consolidation is effective, the Company will have 4,744,222 common shares issued and outstanding,
assuming there are no other changes in the issued capital of the Company.
The Company intends to also proceed with consolidating its outstanding options and warrants on a ratio of
ten (10) to one (1), with the result that each consolidated option and warrant will entitle the holder to acquire
one common shares at an exercise price of ten (10) times its original exercise price.
The Share Consolidation is being proposed in order to provide the Company with increased flexibility to
seek additional financing opportunities and is subject to the approval of the Canadian Securities Exchange.
For further information, please contact:
David Stadnyk, President
Phone: +1 (236) 317-2822 or toll-free +1 (855) 665-GOLD (4653)
E-mail: [email protected]
www.victorybatterymetals.com
About Victory Battery Metals Corp.
VICTORY BATTERY METALS CORP. (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 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 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.