SUPREME CRITICAL METALS - VRCFF STOCK NEWS

Victory Resources Corporation (CSE:VR, OTC PINK:VRCFF) has announced a non-brokered private placement to raise up to $2,000,000 by issuing units priced at $0.07. Each unit will comprise one common share and one warrant, allowing purchase of an additional common share at $0.10 for two years. The funds will support general working capital, acquisitions, and ongoing exploration in Nevada and British Columbia. Victory reserves the right to accelerate the expiry date of warrants if shares trade above $0.25 for 10 days.

Victory Resources Corporation has initiated a diamond drilling program at the Loner Property in Nevada as of April 6, 2021. The program will include 7 to 10 drill holes, ranging from 50 to 70 meters, aimed at better characterizing mineralized zones and testing areas with anomalous soil and rock samples. The drilling is expected to clarify existing gold-bearing quartz veins associated with historical mining activities. The entire program is anticipated to take about 30-35 days, with a focus on broadening the understanding of mineralization.

Victory Resources Corporation has completed site preparations for drilling on the Loner Property in Nevada, having optioned it from Silver Range Resources. A 7-10 short-hole diamond drill program will commence early this month, aiming to confirm gold-bearing quartz vein intersections correlating with historical mining. The site is now fully ready for drilling, following minor road repairs and mobilization of the drill rig. The program is expected to provide insights into the area’s mineralization and assess the extent of gold anomalies.

Victory Resources Corporation has appointed Mark Ireton as the new President and CEO, succeeding David Lane, who remains a director. Ireton brings extensive mining and finance experience, previously leading Noram Ventures in lithium exploration. Victory has expanded its portfolio with properties in Nevada, including the Smokey Lithium, Black Diablo, and Loner projects, and plans to initiate drilling. The company issued 3.4 million stock options priced at $0.10 each and engaged Stockwatch for investor awareness services.

Victory Resources Corporation has initiated a 2-day reconnaissance geological program on the Smokey Lithium property, which was conducted on March 19-20, 2021. The program aimed to evaluate the geology and assess sample areas, with mudstones observed yielding assays up to 930 ppm Li. Samples were sent to ALS Laboratories for analysis. The property is strategically located near other significant lithium projects in Nevada. Victory has also engaged Venturecap Consultants Corp. for investor awareness services valued at $30,000 for one month.

Victory Resources Corporation announced the staking of the Black Diablo property in Nevada, complementing its Loner Property. The Black Diablo property, located near significant copper deposits, allows for efficient evaluation alongside ongoing drilling activities at Loner. It comprises 16 claims south of Winnemucca, exploring for VMS copper deposits in proximity to the Coronada VMS Project. Additionally, the company has engaged Dig Media Inc. for investor awareness services valued at $49,300 annually.

Victory Resources Corporation has acquired the Smokey Lithium Project in Esmeralda County, Nevada, comprising 350 claims over 7000 acres. The project is strategically located near existing lithium deposits, with clay grades potentially up to 930 ppm. The acquisition includes cash payments of $178,500 and share issuances totaling 1,500,000 common shares. Additionally, Victory has an option to acquire 350 more claims and will be subject to an annual BLM fee of $57,750. The lithium project aligns with the growing demand for lithium in battery production.

Victory Resources Corporation (CSE:VR)(FSE:VR61)(OTC PINK:VRCFF) announced the issuance of 1,645,000 stock options to management, employees, and consultants. Each option allows the purchase of one common share at $0.075 for five years. Additionally, 492,000 options were cancelled in the past quarter. The company seeks exploration opportunities in Canada and operates as a diversified investment corporation with mineral interests in North America.

Victory Resources Corporation has announced the initiation of a 500m short-hole drill program on its Loner Property in Nevada, expected to start around March 15 and conclude by mid-April, weather permitting. This drilling aims to confirm historical gold-bearing quartz veins and assess broader mineralization. The Loner Property comprises 16 federal lode claims, situated 35 km south of Winnemucca. Additionally, the company has cancelled 492,000 options to align interests of option holders with shareholders.