Victory Battery Metals Corp announced a non-brokered private placement of up to 20,454,545 units at an issue price of CAD 0.033 per unit for the gross proceeds of CAD 674,999.985 on July 17, 2024. Each unit consisting of one share and one-half a warrant. Each whole warrant entitles the holder to additional share for two years at a price of CAD 0.10.

In connection with the offering, the company may pay finders' fees in cash or securities or a combination of both, as permitted by the policies of the Canadian Securities Exchange and applicable securities laws. The common shares and warrants comprising the units will be subject to a four-month-and-one-day hold period.