Victory Resources Announces Stock Option Grant

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For Immediate Release

VICTORY RESOURCES ANNOUNCES STOCK OPTION GRANT

VANCOUVER, BC, CANADA ( March 11, 2021) – Victory Resources Corporation (CSE: VR) (FWB:

VR61) (OTC: VRCFF) (“Victory” or the “Company”) is pleased to announce that it has issued a total of

1,645,000 options pursuant to its incentive stock option plan (“Plan”) to management, employees and

consultants. Each option entitles the holder to subscribe for one commo n share of the Company for

$0.075 for a period of 5 years, subject to the terms of the Plan. Over the past quarter, 492,000 options

have been cancelled.

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) 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 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 risk s 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 acqui sitions, 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", "antici pates" 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

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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 caut ioned 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 n ot 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.