Victory Ventures to Re-Price and Extend the Term of Share Purchase Warrants

VANCOUVER, BC / ACCESSWIRE / May 7, 2015 / Victory Ventures Inc. (TSXV: VVN) (FSE: VV0) (the "Company") announces that, subject to TSX Venture Exchange approval, it is making application to re-price 4,100,000 share purchase warrants from an exercise price of $0.10 per share and 5,025,000 share purchase warrants from an exercise price of $0.12 per share, to an exercise price of $0.08 per share (together, the "Warrants").

In addition the Company is extending the expiry date of 4,100,000 Warrants from May 8, 2015 to May 8, 2016; 2,100,000 Warrants from May 24, 2015 to May 24, 2016; and 2,925,000 Warrants from June 5, 2015 to June 5, 2016.

In accordance with TSX Venture Exchange policies, an aggregate 295,000 share purchase warrants that were issued to Agents, brokers or finders as compensation for services will not be re-priced or extended.

On behalf of the Board of Directors:

"Howard Milne"

President

For more information please contact:

Tel: (604) 377-8994
Email: hdmcap@shaw.ca
Website: www.victoryventures.ca

Victory Ventures Inc. is a Canadian-based junior mining exploration company focused on the procurement, exploration and development of precious metal properties in North America. The Company's shares are listed and posted for trading on the TSX Venture Exchange under the symbol "VVN" and on the Frankfurt Exchange under the symbol "VV0".

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

NOT FOR DISSEMINATION IN THE UNITED STATES

SOURCE: Victory Ventures Inc.