Victory Resources Corp. Extends Expiry Date of Certain Warrants

VANCOUVER, January 3, 2020 - Victory Resources Corp. (CSE:VR)(FWB:VR61)(OTC:VRCFF) ("Victory" or the "Company") announces that it has extended the expiry date of an aggregate of 38,357,904 previously issued warrants (the "Warrants") for an additional 2 years. The Warrants were originally issued January 22, 2018, with an original expiry date of January 21, 2020. The 18,937,904 non-flow through Warrants entitles the holder to purchase a common share of the Company at an exercise price of $0.06875 (post forward split).

The 19,420,000 flow through Warrants entitles the holder to purchase a common share of the Company at an exercise price of $0.0525 (post forward split). The exercise price of the Warrants remains unchanged.


About Victory Resources Corporation

Victory Resources Corp. (CSE: VR) is a publicly traded diversified investment corporation with mineral interests in North America. The company is also currently seeking other opportunities.



For further information, please contact:

Victory Resources Corp.
David Lane, President
Telephone: +1 (236) 317 2822
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.


Forward Looking Statements

Certain information set forth in this news release may contain forward-looking statements that involve substantial known and unknown risks and uncertainties. All statements other than statements of historical fact are forward-looking statements, including, without limitation, statements regarding future financial position, business strategy, use of proceeds, corporate vision, proposed acquisitions, partnerships, joint-ventures and strategic alliances and co-operations, budgets, cost and plans and objectives of or involving the Company. Such forward-looking information reflects management's current beliefs and is based on information currently available to management. Often, but not always, forward-looking statements can be identified by the use of words such as "plans", "expects", "is expected", "budget", "scheduled", "estimates", "forecasts", "predicts", "intends", "targets", "aims", "anticipates" or "believes" or variations (including negative variations) of such words and phrases or may be identified by statements to the effect that certain actions "may", "could", "should", "would", "might" or "will" be taken, occur or be achieved. A number of known and unknown risks, uncertainties and other factors may cause the actual results or performance to materially differ from any future results or performance expressed or implied by the forward-looking information. These forward-looking statements are subject to numerous risks and uncertainties, certain of which are beyond the control of the Company including, but not limited to, the impact of general economic conditions, industry conditions and dependence upon regulatory approvals. Readers are cautioned that the assumptions used in the preparation of such information, although considered reasonable at the time of preparation, may prove to be imprecise and, as such, undue reliance should not be placed on forward-looking statements. The Company does not assume any obligation to update or revise its forward-looking statements, whether as a result of new information, future events, or otherwise, except as required by securities laws.

SOURCE: Victory Resources Corp.