RE:Major developmentVictory PR........Subscription by Silver Elephant for common shares of Victory Nickel for aggregate gross consideration of C$1,000,000......
Silver Elephant PR......At closing, pursuant to the APA, Silver Elephant will also subscribe for 40,000,000 common shares of Victory Nickel (each, a "VN Share") at a price per VN Share of $0.025 for consideration of C$1,000,000.