Petro-Victory Energy Corp announced a non-brokered private placement offering of up to 453,333 units at a price of CAD 3 per Unit for gross proceeds of up to CAD 1,359,999 on December 19, 2023. Each unit will consist of one common share in the capital of the company and one transferable share purchase warrant entitling the holder thereof to acquire one common share at a price of CAD 4 per share exercisable for a period of 12 months following the closing date. The closing of the offering is expected to occur on or about December 29, 2023, and is subject to regulatory approval, including approval of the TSX Venture Exchange.