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Victory Battery Metals Corp - VRCFF STOCK NEWS

Welcome to our dedicated news page for Victory Battery Metals (Ticker: VRCFF), a resource for investors and traders seeking the latest updates and insights on Victory Battery Metals.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Victory Battery Metals's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Victory Battery Metals's position in the market.

Rhea-AI Summary
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.
Rhea-AI Impact
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End-of-Day
-0.31%
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Rhea-AI Summary
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.
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Rhea-AI Summary
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.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-33.33%
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Rhea-AI Summary
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.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
4.62%
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Rhea-AI Summary
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.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
20.31%
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Rhea-AI Summary
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.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
22.29%
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Rhea-AI Summary
Victory Battery Metals Corp. is targeting the uranium exploration sector, driven by demand from nuclear reactors and the robust market performance of uranium in 2023. The company aims to diversify its portfolio with quality uranium properties within the Athabasca region and provide follow-up reports on the opportunities it is currently invested in. Additionally, Victory provides an update on its highly prospective Stingray Lithium Properties and plans to closely monitor the outcomes of Rio Tinto-Azimut's ongoing winter program to refine its own exploration strategy and target delineation. The company is strategically positioned in a region at the forefront of the electric vehicle revolution.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-18.7%
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Rhea-AI Summary
Victory Battery Metals extends the expiry date of 10,685,278 previously issued warrants for an additional 2 years. The warrants are also being repriced, with each whole warrant entitling the holder to purchase one common share of the company at an exercise price of $0.05. The warrants will contain an acceleration clause, terminating upon 30 days notice if the shares trade at or more than $0.075 for a 10-day period.
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Victory Battery Metals cancels 2,401,665 stock options, including 786,666 to insiders, to align interests with shareholders. Contact President Mark Ireton for more information.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
46.67%
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Rhea-AI Summary
Victory Battery Metals announces a private placement financing of up to 8,000,000 units at a price of $0.05 per unit, with aggregate gross proceeds of up to $400,000. Each unit consists of one common share and one common share purchase warrant. The warrants entitle the holder to purchase one additional common share at a price of $0.065 per share. The company may accelerate the expiry of the warrants if the closing price of the common shares exceeds $0.10 for 10 consecutive days. The offering is being completed pursuant to the Listed Issuer Financing Exemption, and the securities issued will not be subject to a hold period. The company plans to use the net proceeds for working capital requirements and other general corporate purposes.
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Victory Battery Metals Corp

OTC:VRCFF

VRCFF Rankings

VRCFF Stock Data

1.27M
25.80M
0.67%
Dimension Stone Mining and Quarrying
Mining, Quarrying, and Oil and Gas Extraction
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Canada
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