Business
Victory Resources Announces Closing of Financing
VANCOUVER, BC / ACCESSWIRE / November 9, 2022 / Victory Resources Corporation (CSE:VR)( FWB:VR61) (OTC:VRCFF) ("Victory" or the "Company") is pleased to announc
About this update from Maverick Gold And Silver Corporation
[{"type":"text","content":" VANCOUVER, BC / ACCESSWIRE / November 9, 2022 / Victory Resources Corporation (CSE:VR)( FWB:VR61) (OTC:VRCFF) (\"Victory\" or the \"Company\") is pleased to announce that it has closed its previously announced non-brokered private placement (the \"Financing). The Company accepted subscriptions for 7,825,000 units at a price of $0.022 per unit, for gross proceeds of $172,150. The Company paid finders fees to a qualified finder of $3,520 and issued 160,000 broker warrants, which are on the same terms as the warrants forming part of the units. Each unit consists of one common share and one warrant exercisable for 2 years at $0.05, subject to the right of the Company to accelerate the expiry of the warrants if the stock trades at $0.10 for a period of 10 days. Securities issued on this closing will be subject to a statutory hold period until March 8, 2023. Proceeds will be used for working capital and continued exploration of its properties. 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 Resources Corporation VICTORY RESOURCES CORPORATION (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 w...