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SUPREME CRITICAL METALS - VRCFF STOCK NEWS

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Victory Battery Metals Corp. is a diversified investment corporation with mineral interests in North America. The company recently settled a debt of $463,025 by issuing 9,260,500 shares, improving its balance sheet. Victory Battery Metals Corp. focuses on battery metals and energy metals, with a strategic acquisition of the Kachiwiss Uranium Project in Quebec. The company's sale of the Tahlo Lake property reflects a renewed focus on high-potential projects for the benefit of its shareholders.

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Victory Battery Metals has received approval for an amended drill permit for its Smokey Lithium Property in Nevada, enabling the advancement of its drilling program. New drill holes are strategically placed to extend previously identified lithium mineralization from hole 09, where lithium-rich claystone was discovered at 417 feet. The focus is on a promising 2-3 km2 area identified through various studies, indicating potential for maiden resource development. The property lies within Nevada's prolific lithium clay region, adjacent to established lithium projects.

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Victory Battery Metals Corp. (CSE:VR) (FSE:VR6) (OTCPink:VRCFF) is launching an exploration program for its Georgia Lake Lithium Project in Ontario. The company is currently soliciting bids for a magnetometer survey to identify mica granite bodies within the metasediments. Following this survey, a field crew is set to mobilize in early June to conduct prospecting and sampling. The project, located near Rock Tech Lithium's advanced lithium project, is accessible and expected to lower exploration costs. The lithium supply gap is projected to widen in the coming years, supporting the potential for commercially viable deposits in the region.

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Victory Battery Metals (CSE:VR) (OTC PINK:VRCFF) has announced plans to enhance its Georgia Lake Lithium Project in Ontario. The company is soliciting bids for a magnetometer survey to identify mica granite bodies within the property's metasediments. Following this survey, fieldwork including rock sampling and mapping will commence in June 2023. The Georgia Lake property, located near Rock Tech Resources' advanced lithium project, contains significant indicated and inferred mineral resources, estimated at 10.60 million tonnes at 0.88% Li2O and 4.22 million tonnes at 1.0% Li2O. This project is bolstered by government support for infrastructure development in the Thunder Bay District.

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Victory Battery Metals has secured the necessary equipment and services for its upcoming drilling program at the Smokey Lithium Property in Nevada, pending approval of its amended drill permit application. The property is strategically located near known lithium deposits, indicating potential for significant discoveries. The exploration team validated the presence of mineralized clays, with Hole 09 showing high lithium concentrations. Additionally, the company has expanded its holdings in Quebec with the acquisition of 280 new claims, further enhancing its position in an emerging lithium district. Shares are currently trading at $0.075.

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Victory Battery Metals has secured a drilling team and equipment to advance its Smokey Lithium project in Nevada, contingent on drill permit approval. The new drill hole locations aim to extend previously identified lithium mineralization encountered in hole 09, which ended with strong mineralization at 417 feet. The company utilized detailed geological data and mapping to identify a high-priority area for further exploration, indicating potential resource growth. The competitive market for drilling services further emphasizes the urgency to proceed with exploration.

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Victory Battery Metals Corp. (CSE:VR) (OTCPink:VRCFF) has expanded its Tahlo Lake Property in British Columbia, staking an additional 953 hectares and increasing its total to 1,688 hectares. This area is located in the promising Babine Copper-Gold Porphyry District, known for significant mineral resources. Recent geochemical surveys indicate elevated concentrations of copper and gold, reinforcing the property's exploration potential. In Quebec, the company acquired 280 new claims totaling 14,375 hectares, enhancing its position in an emerging lithium district. Victory is currently raising up to $2 million to fund its exploration activities.

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Victory Battery Metals Corp. has expanded its Tahlo Lake Property in British Columbia's Babine Copper-Gold Porphyry District by staking an additional 953 hectares, bringing the total area to 1,688 hectares. This newly acquired ground covers highly anomalous gold in till samples and extends over significant magnetic highs, indicating potential mineralization. The property is positioned near known deposits such as American Eagle Gold Corp’s NAK and the Morrison deposit. Historical geochemical surveys have shown promising elevated copper and zinc values, enhancing the potential for future exploration.

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Victory Battery Metals Corp. (OTC PINK:VRCFF) has successfully closed the third tranche of its non-brokered Unit Private Placement, raising a total of $688,600 through the sale of 8,607,500 Units at a subscription price of $0.08 per Unit. This follows previous tranches that raised $448,000 and $364,000. Each Unit consists of one common share and a warrant exercisable at $0.12 for two years. The funds will be utilized for working capital and general corporate purposes. The company has also incurred finders' fees of $2,560 and issued 32,000 broker warrants.

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Victory Battery Metals Corp. (CSE:VR) has completed the second tranche of its non-brokered private placement, raising $364,000 through the sale of 4,550,000 Units at $0.08 per unit. This follows the first tranche, which generated $448,000. Each Unit consists of one common share and one purchase warrant, exercisable at $0.12 for two years, with potential acceleration provisions. The funds will be allocated for working capital and corporate purposes. The company has also incurred finders' fees of $28,320 and issued 210,000 broker warrants.

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Victory Battery Metals Corp. (CSE:VR) (FWB:VR6) (OTCPink:VRCFF) has announced the acquisition of 280 new claims totaling 14,375 hectares in the James Bay lithium district, adjacent to Patriot Battery Metals’ Corvette Property. This expansion enhances their existing land position of 67 claims covering 3,417 hectares. The new claims were acquired for $100,000 and 3 million shares, significantly increasing Victory's presence in a promising lithium area known for lithium-bearing pegmatites with high Li2O values. Management emphasizes the importance of this acquisition for strategic growth and exploration efforts.

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FAQ

What is the current stock price of SUPREME CRITICAL METALS (VRCFF)?

The current stock price of SUPREME CRITICAL METALS (VRCFF) is $0.0945 as of December 23, 2024.

What is the market cap of SUPREME CRITICAL METALS (VRCFF)?

The market cap of SUPREME CRITICAL METALS (VRCFF) is approximately 526.7K.

What is Victory Battery Metals Corp.?

Victory Battery Metals Corp. is a publicly traded diversified investment corporation with mineral interests in North America.

What recent achievement did Victory Battery Metals Corp. announce?

The company settled a debt of $463,025 by issuing 9,260,500 shares, significantly improving its balance sheet.

What strategic focus has Victory Battery Metals Corp. adopted recently?

The company has focused on battery metals and energy metals, exemplified by its acquisition of the Kachiwiss Uranium Project in Quebec.

Why did Victory Battery Metals Corp. sell its Tahlo Lake property?

The sale of the Tahlo Lake property reflects the company's renewed strategic focus on high-potential projects, such as the Kachiwiss Uranium Project.

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