Petro-Victory Energy Corp. Announces Closing of Private Placement

Executive Summary

• Petro‑Victory Energy Corp. closed a non‑brokered private placement issuing 117,142 Class A common shares at C$1.50 per share for aggregate gross proceeds of US$125,000.
• Net proceeds will be used for working capital and corporate expenses.
• The shares are subject to a four‑month statutory hold period expiring on March 29 2026 and the offering remains pending final acceptance by the TSX Venture Exchange.

Key Details

• Shares Issued: 117,142 Class A common shares.
• Price per Share: C$1.50.
• Gross Proceeds: US$125,000 (approximately C$? – conversion not disclosed).
• Use of Proceeds: Working capital and corporate expenses.
• Statutory Hold Period: Four months from issuance, expiring 2026‑03‑29.
• Regulatory Condition: Closing subject to final acceptance by the TSX Venture Exchange (TSXV).
• Offering Type: Non‑brokered private placement (non‑public offering).

Notable Quotes

(No executive quotes were included in the release.)