On February 28, 2024, Petro-Victory Energy Corp. closed the transaction. The company issued 1,205,350 units at an issue price of CAD 3 per unit for gross proceeds of CAD 3,616,050.

The transaction included participation from insiders of the Company for 33,750 Units. The TSX Venture Exchange has accepted for filing documentation with respect to anon-brokered private placement. The transaction included participation from 12 placees and 1 insider with total existing insider involvement of 33,750 shares.