Victory owns a 100% interest in the Iron Point Vanadium Project, located 22 miles east of Winnemucca, Nevada. Completion of the private placement remains subject to the approval of the TSX Venture Exchange. All securities issued in connection with the private placement are subject to a four-month-and-one-day statutory hold period, in accordance with applicable securities laws. The Company paid a finder's fee of 270,000 shares. Victory now enjoys over $7,000,000 in cash which will be instrumental in progressing on our resource, metallurgy and engineering objectives." Participation from Management and our Board of Directors clearly underscores our team's commitment and confidence in the Project. Paul Matysek, Executive Chairman of the Company, stated: "We are very pleased to close on this oversubscribed financing, which will allow us to continue our rapid pace of advancement at Iron Point. Kettell now controls 16% of the issued and outstanding shares of Victory.
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