Victory Battery Metals Corp announced a private placement financing of up to 10,000,000 units at an issue price of CAD 0.05 per Unit for aggregate gross proceeds of up to CAD 500,000 on February 12, 2024. Under the Offering, each Unit will be comprised of one common share and one Common Share purchase warrant. Each Warrant entitles the holder thereof to purchase one additional Common Share at a price of CAD 0.065 per Common Share for a period of three years following the closing date of the Offering.

In connection with the Offering, the Company may pay finder?s fees in cash or securities or a combination of both, as permitted by the policies of the Canadian Securities Exchange (the ?CSE?) and applicable securities laws. The Common Shares and Warrants comprising the Units will be subject to a four-month and one-day hold period.