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Supreme Critical Metals Inc C.VR

Supreme Critical Metals Inc., formerly Victory Battery Metals Corp., is a Canada-based diversified investment corporation with mineral interests in North America. It is developing its projects led by its Smokey Lithium property in Nevada, the Stingray Properties adjacent to Patriot Battery Metal's Corvette Property, Georgia Lake Lithium in Ontario, its British Columbia Mal-Wen property, the Saguenay Nickel Project in Quebec and its Black Diablo Copper and Manganese Property in Nevada. Its Smokey Lithium property comprises over 350 Claims covering 7000 acres located in Esmeralda County Nevada, Nevada within Big Smokey Valley. It also has Yellow Chief uranium property in Utah, and a portfolio of four uranium properties in Saskatchewan, PK Property and Mozzie Halo East and Mozzie Halo West Properties. The Yellow Chief property comprises over 28 claims covering 130 hectares located in the Juab County in western Utah. It is also actively seeking other exploration opportunities.


CSE:VR - Post by User

Post by 2021Gambleon Nov 02, 2021 3:47pm
158 Views
Post# 34078925

Reason for volume - PP at 0.055

Reason for volume - PP at 0.055

Tue Nov 02 15:45:59 2021 EDT

VANCOUVER, BC / ACCESSWIRE / November 2, 2021 / Victory Resources Corporation (CSE:VR)(FWB:VR61)(OTC PINK:VRCFF) ("Victory" or the "Company") announces a non-brokered private placement of up to 18,181,818 units (each a "Unit") at a price of $0.055 per Unit for gross proceeds of up to $1,000,000. Each Unit will consist of one common share and one common share purchase warrant (each a "Warrant"). Each Warrant entitles the holder to purchase one additional common share of the Company at a price of CDN $0.07 per share for a period of 24 months from the date of closing and are subject to an acceleration clause that may be triggered (after the initial hold period of the shares has expired) should the shares trade at or above $0.20 for a period of 10 days.

Finder's fees may be paid in both cash and finders warrants (having the same terms as the Warrants) in connection with a portion of this private placement pursuant to the policies of the CSE.

The proceeds from the sale of Units will be used for the on going exploration and drilling program on its Smokey Lithium Property located in Esmeralda County, Nevada, as well as towards general working capital in furtherance of the Company's business.

The securities to be issued under the placement will be subject to a four-month statutory hold period in accordance with applicable securities laws.

About Victory Resources Corporation

Victory is a publicly traded junior international mining corporation with interests in North America. The company is currently developing its existing projects including its recently optioned Loner property in Nevada adjacent to Goldbanks, its recently acquired Smokey Lithium property in Nevada adjacent to American Lithium's flagship property, its British Columbia Mal-Wen property and its other properties including, Black Diablo in Nevada, Hammond Reef South in Ontario adjoining Agnico Eagle's Hammond Reef mine, and Lac Simard in Quebec within 20 k of 3 operating gold mines including Agnico Eagle's Goldex, Canadian Malartic mines and Eldorado Gold's Lamaque mine.

For further information, please contact:

Mark Ireton, President
Telephone: +1 (236) 317 2822 or
TOLL FREE 1 (855) 665-GOLD (4653)
E-mail: 
IR@victoryresourcescorp.com

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.

SOURCE: Victory Resources Corp.



View source version onaccesswire.com:
https://www.accesswire.com/670853/Victory-Resources-Announces-Non-Brokered-Private-Placement
 

SID(ACCESSWR466d6c6b7824f62)


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