Victory Battery Metals Corp. Announces Closing of Second Tranche of Financing

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Feb 17, 2023

VANCOUVER, BC / ACCESSWIRE / February 16, 2023 / Victory Battery Metals Corp. (CSE:VR) (FWB:VR61) (OTC PINK:VRCFF) ("Victory" or the "Company") is pleased to announce that it has closed the second tranche of its non-brokered Unit Private placement (the "Financing"). In the first tranche the Company raised proceeds of $448,000 through the sale of 5,600,000 Units. In the second tranche the Company accepted subscriptions for 4,550,000 Units at a price of $0.08 per unit, for gross proceeds of $364,000. The Company paid finders fees on the second tranche to qualified finders of $28,320 and issued 210,000 broker warrants, which are on the same terms as the warrants forming part of the Units.