MAV.CN · 2024-01-09 12:00:00

Victory Battery Metals Corp. Announces Termination of Georgia Lake Property Option Agreement

Mergers & Acquisitions Property Options & Staking

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For Immediate Release

N E W S R E L E A S E

VANCOUVER, BC, CANADA (January 09, 2024) – Victory Battery Metals (CSE: VR) (FWB: VR6) (OTC: VRCFF)

(“Victory” or the “Corporation”) announces that the Corporation has terminated the Georgia Lake Property Option

Agreement that it entered into on April 11, 2022 and will have no further interest in the property. 100% of all rights,

title and interest will revert back to Yeomans Geological Inc.

The Corporation will pay a total of $15,000 in full and final settlement of the Option Agreement, in the form of shares

of the Company to be issued to Yeomans Geological Inc., subject to CSE approval.

The Company will issue 300,000 Common Shares at a deemed price of $0.05 per share. The Common Shares

issued will be subject to a four month hold period.

For further information, please contact:

Mark Ireton, President

Telephone: +1 (236) 317 2822 or TOLL FREE 1 (855) 665-GOLD (4653)

About Victory Battery Metals

VICTORY BATTERY METALS (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 st atements to the effect

that certain actions "may", "could", "should", "would", "might" or "will" be taken, occur or be achieved. A number of

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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 inclu ding, 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.