Victory Battery Metals Corp. - VRCFF STOCK NEWS

Victory Battery Metals Corp. (CSE:VR)(OTC PINK:VRCFF) has appointed Gary Musil to its Board of Directors, effective July 1, 2024. Musil brings over 35 years of management and financial consulting experience, having served as an officer and director for numerous public companies since 1988. He replaces David Lane, who has resigned from the board.

Additionally, the company has announced a non-brokered private placement to raise up to $675,000 by issuing 20,454,545 units at $0.033 each. Each unit consists of one share and half a warrant, with each whole warrant allowing the purchase of an additional share at $0.10 for two years. The proceeds will be used for working capital and general corporate purposes.

Victory Battery Metals Corp. has acquired the Yellow Chief uranium property in Utah along with four additional uranium properties in Saskatchewan, expanding their total uranium holdings to 12,815 hectares. The acquisitions are part of an Option Agreement signed on June 26, 2024, with Victory required to pay $200,000 in cash, issue 16,000,000 common shares, and incur $600,000 in exploration expenditures over three years. The Yellow Chief property, located in Juab County, covers 28 claims and has produced significant uranium ore in the past. The Saskatchewan properties include the PK property and two Mozzie Halo blocks, which offer potential uranium and rare-earth-element mineralization. This strategic expansion aims to leverage past exploration results and geographic diversity to enhance Victory's uranium portfolio.

Victory Battery Metals Corp. announces the sale of its Tahlo Lake property in British Columbia to Trimera Metals Corp. for $90,000 CAD, retaining a 2% Gross Metal Royalty. The company's strategic focus shifts to the Kachiwiss Uranium Project in Quebec, aiming to benefit shareholders in the shorter term.

Victory Battery Metals Corp. has entered into an option agreement to acquire 100% interest in four claim groupings in Quebec, including the Kachiwiss Uranium deposit. The company will pay $400,000 in cash and 1,500,000 shares over 3 years, committing to a $3,000,000 work program. The historical resource at Kachiwiss is 16,598,000 tonnes grading 0.016% U3O8 with potential recoveries of up to 92.9%. The option also covers lake bottom sediment sample uranium anomalies. Globex retains a 3% Gross Metal Royalty on all metals, with Victory having the option to purchase 1% GMR for $1,000,000. The project is located in Quebec, known for its mining-friendly environment and infrastructure.

Victory Battery Metals Corp. announces a non-brokered private placement of up to $500,000 through the issuance of 10,000,000 units at $0.05 each, with each unit consisting of one share and one half a warrant. The Company may pay finder's fees in cash or securities. The net proceeds will be used for working capital requirements and general corporate purposes.

Victory Battery Metals Corp. closes shares for debt settlement, issuing 9,260,500 shares at $0.05, settling $463,025 of debt. Insiders participated in the transaction, improving the company's balance sheet.

Victory Battery Metals Corp. settles $463,025 of debt by issuing 9,260,500 shares at $0.05 per share, improving its balance sheet. No finders fees will be paid, with insiders participating in settling accrued fees. The securities issued will be subject to a hold period. The Company utilizes exemptions from minority approval and valuation requirements for related party transactions.

Victory Battery Metals Corp. acquires an option interest in the Chariot River Uranium property in the Uranium City District, part of the major exploration rejuvenation led by Aero Energy Corp.

Victory Battery Metals Corp. cancels a private placement financing and initiates a new offering. The new Offering consists of up to 10,000,000 Units at $0.05 per Unit, with each Unit comprising one Common Share and one Warrant. The Warrants can be exercised at $0.065 per share for three years, with potential accelerated expiry conditions. The Company may pay finder's fees in cash or securities. The net proceeds will be used for working capital and general corporate purposes.