DALLAS, March 14, 2025 /CNW/ – Petro-Victory Energy Corp. (“Petro-Victory” or the “Company”) VRY has announced an agreement with Alliance Advisors Investor Relations (“Alliance“) to provide comprehensive investor relations services. The partnership will primarily focus on developing a robust communications program, including public relations, social media, and stakeholder relationships.

“As Petro-Victory executes its high-growth strategy in Brazil, effective communication of our vision and milestones is crucial for our engagement with the investment community,” stated Richard Gonzalez, Chief Executive Officer of Petro-Victory Energy Corp. “Alliance Advisors brings a deep understanding of the energy sector and a successful history of elevating companies like ours in capital markets. We anticipate a fruitful collaboration to enhance our investor outreach.”

“Energy markets require strong investor communication, which is why we are pleased to partner with Petro-Victory to amplify its narrative,” commented Alyssa Barry, President of Alliance Advisors Investor Relations. “With our experience supporting oil and gas companies, we can effectively present Petro-Victory’s compelling growth strategy to both retail and institutional investors. We look forward to collaborating to improve shareholder engagement and market visibility.”

Under the agreement established with Alliance on March 14, 2025 (the “Agreement“), Alliance will provide investor relations services for a monthly fee of CAD $15,000. These services include managing PR/media, social media, and stakeholder relations. The initial term of the Agreement will conclude on August 31, 2025, after which it may renew automatically upon mutual agreement. Alliance will maintain an arm’s length relationship with the Company and no securities will be issued as compensation. This Agreement is pending acceptance by the TSX Venture Exchange.

For further inquiries, the contact details for Alliance Advisors are as follows: Alyssa Barry (Principal and Co-Founder), 400-22 E 5th Ave., Vancouver, BC, V5T 1G8, [email protected], 1-833-947-5227.

Corporate Update

Additionally, the Company has confirmed that it borrowed an aggregate of USD $400,000 (the “Loans“) and issued unsecured promissory notes to 579 Max Ltd., Fifteen Talents LP, Chris Cooper, Richard Gonzalez, and an unrelated third party (collectively the “Lenders“). Each loan carries an interest rate of 14% per annum, and Lenders were issued bonus warrants (the “Warrants“) exercisable at CAD $1.49 as detailed below.

Petro Victory Energy Secures Related Party Financing Amid Market Regulations

The Loans and the issuance of the Warrants qualify as a “related party transaction” under Multilateral Instrument 61-101, titled Protection of Minority Security Holders in Special Transactions (“MI 61-101”). This designation has arisen because the Lender is considered a related party within the definitions provided by MI 61-101. The Company has opted to rely on exemptions from the formal valuation and minority shareholder approval requirements detailed in Sections 5.5(a) and 5.7(1)(a) of MI 61-101 for these related party activities. Notably, Petro Victory is listed on the TSX Venture Exchange (“TSXV“), and the transaction’s fair market value (as defined under MI 61-101)—which reflects both the subject matter of the loans and the value exchanged—was determined not to exceed 25% of the Company’s overall market capitalization.

Final acceptance of the Loans and Warrants by TSXV remains pending.

About Petro Victory Energy Corp.

Petro Victory Energy Corp. specializes in acquiring, developing, and producing crude oil and natural gas resources in Brazil. The Company holds complete operating and working interests across thirty-eight (38) licenses, encompassing a total of 257,604 acres situated in two (2) distinct producing basins within Brazil. Through carefully managed investments in high-impact, low-risk assets, Petro Victory aims to generate significant shareholder value. The Company’s Common Shares are traded on the TSXV under the ticker symbol VRY.

Advisory Regarding Forward-Looking Statements

To provide shareholders and potential investors with insights into Petro Victory’s future strategies and operations, this press release contains forward-looking statements as defined by the United States Private Securities Litigation Reform Act of 1995 and applicable Canadian securities legislation. These statements may include terms like “anticipate,” “believe,” “continue,” “could,” “estimate,” “expect,” “forecast,” “intend,” “may,” “objective,” “ongoing,” “outlook,” “potential,” “project,” “plan,” “should,” “target,” “would,” “will,” or similar phrases that indicate future outcomes. The forward-looking statements referenced herein are accurate only on the date of publication and are subject to cautionary qualifications.

Petro-Victory Energy Updates On Forward-Looking Statements and Risks

In this press release, we share important forward-looking statements regarding our business strategies, potential benefits from Alliance’s services, and the expected approval by TSXV for the Agreement, Loans, and Warrants. The information provided here is based on key expectations and assumptions formed by the Company. While the Company believes these expectations are reasonable, it emphasizes that undue reliance should not be put on these forward-looking statements, as we cannot guarantee their accuracy or outcome.

Since forward-looking statements pertain to future events and conditions, they are inherently associated with risks and uncertainties. As a result, actual results may differ materially from what is currently anticipated due to various factors and risks. Detailed information regarding these factors can be found under the “Risk Factors” section of the Company’s annual information form, which was filed on April 30, 2024 and is available on the Company’s profile on SEDAR+ at www.sedarplus.com. The Company does not assume any obligation to update forward-looking information unless mandated by applicable law. This forward-looking information reflects management’s best judgment based on available data.

No forward-looking statement can be assured, and actual future results may vary significantly. Therefore, readers are encouraged not to place undue reliance on these statements or information.

Neither the TSX Venture Exchange nor its Regulation Services Provider, as defined in the policies of the TSX Venture Exchange, accepts any responsibility for the adequacy or accuracy of this release.

SOURCE: Petro-Victory Energy Corp.

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