Victory Battery Metals Corp. announced that Rio Tinto Exploration Canada Inc. has just signed " two (2) Option to Joint Venture Agreements" with Azimut Exploration Inc. for its Kaanaayaa and Corvet lithium properties, situated directly to the east and south of Victory's Lac Block and Riviere Block, for up to CAD 115.7 million. The James Bay Region of Quebec is composed of the Superior Province.

This Archean craton has been deformed by various orogens over time and contains gold, lithium, copper, zinc, and silver mineralization. CV5, Corvette Property, James Bay, Quebec, Spodumene Pegmatite is firmly established as the lithium pegmatite mineral resource in the Americas and the 8th larger globally. 109.2 Mt at 1.42% Li2O and 160 ppm Ta2O5 inferred, (0.40% Li2O cut-off grade).

Based on 163 core holes totaling 56,385 m.2 The technical information contained in this news release has been reviewed and approved by Mr. Helgi Sigurgeirson, Victory Geologist, who is a Qualified Person as defined under National Instrument 43-101.