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VICTORY BATTERY METALS CP - $VRCFF STOCK NEWS

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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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End-of-Day
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Rhea-AI Summary
Victory Battery Metals Corp. (CSE:VR)(FWB:VR6)(OTC PINK:VRCFF) extends the expiry date of 11,160,611 previously issued warrants for an additional two years and reprices them to $0.05, with an acceleration clause. The Warrants entitle the holder to purchase a common share of the Company at exercise prices ranging from $0.21 to $0.45.
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End-of-Day
15.28%
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Rhea-AI Summary
Victory Battery Metals (CSE:VR)(FWB:VR6)(OTC PINK:VRCFF) terminates Georgia Lake Property Option Agreement, reverting all rights, title, and interest to Yeomans Geological Inc. The company will pay $15,000 in shares at $0.05 per share, subject to CSE approval.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-12.03%
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Rhea-AI Summary
Victory Battery Metals announces the consolidation of its common shares on a 1:3 basis. The total number of common shares issued and outstanding after the consolidation is expected to be 26,231,725. The consolidation will also affect stock options, warrants, and convertible securities. The consolidation is scheduled to be effective on November 2, 2023.
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Rhea-AI Sentiment
End-of-Day
124.31%
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News
Rhea-AI Summary
Victory Battery Metals plans to consolidate its common shares on a ratio of 5 to 1, resulting in 15,739,035 shares issued and outstanding. The company also intends to consolidate its outstanding options and warrants on the same ratio.
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End-of-Day
-35%
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Rhea-AI Summary
Victory Battery Metals Corp. shares potential positive news regarding its Stingray properties in the James Bay Lithium District.
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Rhea-AI Sentiment
End-of-Day
6.67%
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Rhea-AI Summary
Victory Battery Metals Corp. is featured in a video by InvestmentPitch Media. The company's Stingray claims in Quebec's Eeyou Istchee James Bay region are located in a major emerging lithium district. Rio Tinto Exploration Canada has signed joint venture agreements with Azimut Exploration for lithium properties adjacent to Victory's Lac Block and Riviere Block. Patriot Battery Metals reported a significant lithium pegmatite resource at its Corvette Property, which is directly north of Victory's Stingray properties.
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-3.54%
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22.77%
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VICTORY BATTERY METALS CP

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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United States of America
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