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Victory Mountain to Launch Private Placement of 5 Mln Units

Victory Mountain Ventures Ltd. (VMV.V) has arranged a non-brokered private placement of up to 5 million units for total proceeds of up to $250,000; subject to the approval of the TSX Venture Exchange.

Up to 5 million units will be issued as non flow-through units at a price of $0.05 per unit consisting of one common share and one whole warrant. Each whole warrant will entitle the holder to purchase one additional common share of the company at a price of $0.10 per share for 18 months from the date of closing.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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