Victory Ventures Provides Update on Alberta Lithium in Well Brine Targets

Vancouver, British Columbia--(Newsfile Corp. - July 21, 2016) - Victory Ventures Inc. (TSXV: VVN) (FSE: VV0) ("Victory or the "Company"), is pleased to report that, further to news release dated May 5, 2016, the Company has registered extra-provincially in the Province of Alberta and made has made application to the Province of Alberta for the transfer of a 100% interest in four contiguous townships northwest of the Fox Creek-Swan hills area in the Peace River Arch originally acquired by its agent. Once the transfer of the industrial and mineral exploration permits has been completed, the Company's interests will cover an area approximately 36,800 hectares (91000 acres) or about 400 square km (144 sq. miles) (the "Property"). There are more than 800 well sites within the Property as documented by the Province of Alberta, of which some are producing wells with lithium content in well brines. The Property is fully serviced with major roadways, power, wellheads, and several waste water well injection sites. An exploration program focusing on the Lithium brines in wells will be developed after the transfer of the minerals rights to the Company.

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.