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Victory Battery Metals Announces Closing of $300,000 Unit Financing

VANCOUVER, BC / ACCESSWIRE / May 26, 2023 / Victory Battery Metals (CSE:VR) (FWB:VR6) (OTC PINK:VRCFF) ("Victory" or the "Corporation") is pleased to announce t

articleMaverick Gold And Silver CorporationMay 26, 20235/company/maverick-gold-and-silver-corporation/news/victory-battery-metals-announces-closing-of-dollar300000-unit-financing
Victory Battery Metals Announces Closing of $300,000 Unit Financing

About this update from Maverick Gold And Silver Corporation

[{"type":"text","content":" VANCOUVER, BC / ACCESSWIRE / May 26, 2023 / Victory Battery Metals (CSE:VR) (FWB:VR6) (OTC PINK:VRCFF) (\"Victory\" or the \"Corporation\") is pleased to announce that it has closed its previously announced non-brokered Unit Private placement (the \"Unit Financing\"). The Corporation raised proceeds of $300,000 through the sale of 6,000,000 Units. Pursuant to the terms of the Unit Financing, each Unit is offered at a subscription price of $0.05 per Unit. Each Unit consists of one common share and one common share purchase warrant exercisable at $0.07 for a two year period, subject to the right of the Company to accelerate expiry upon 30 days' notice if the common shares trade at $0.20 or higher for a period of 10 days, including days where there is no trading. There were no finder's fees paid and no insiders participated in the Unit Financing. The Company intends to use net proceeds for working capital requirements and other general corporate purposes. For further information, please contact:Mark Ireton, PresidentTelephone: +1 (236) 317 2822 or TOLL FREE 1 (855) 665-GOLD (4653)E-mail: [email protected] 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...

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