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Victory Resources Announces Financing

Financings

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

For Immediate Release

VICTORY RESOURCES ANNOUNCES FINANCING

VANCOUVER, BC, CANADA (January 21, 2021) – Victory Resources Corporation (CSE: VR) (FWB:

VR61) (OTC: VRCFF) (“Victory” or the “Company”) is pleased to announce a non-brokered private

placement of up to $500,000 by the issuance of units at $0.075, each unit consisting of one common

share and one warrant entitling the holder to subscribe for one additional common share at $0.08 for 2

years, subject to the right of the Company to accelerate expiry of the warrants in the event that its shares

trade at $0.15 for a period of 10 trading days, including days on which there was no trading.

The Company intends to use the proceeds for general working capital, acquisitions and work programs

on the Company’s existing exploration properties in Nevada and British Columbia, and any additional

properties the Company may acquire.

For further information, please contact:

David Lane, President

Telephone: +1 (236) 317 2822

E-mail: [email protected]

About Victory Resources Corporation

VICTORY RESOURCES CORPORATION (CSE: VR) (FWB: VR61) (OTC: VRCFF) is a publicly traded

diversified investment corporation with mineral interests in North America. The company is also currently

seeking other exploration opportunities, preferably in Canada.

Neither the Canadian Securities Exchange nor its Regulation Serv ices 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

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

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 p reparation, 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.