VANCOUVER, Nov. 14, 2011 /PRNewswire/ - VICTORY RESOURCES CORPORATION (the "Company") is pleased to announce that it has begun to trade on the Frankfurt Stock Exchange under the ticker symbol "VR6". The company is also pleased to announce that it has initiated the application process to be listed on the OTCQX market and expects trading on the OTCQX to begin in the 4th quarter of 2011.
"The listing on the Frankfurt exchange and the expected listing on the OTCQX exchange is an important step for our company to build our shareholder base in the international markets," stated Wally Boguski, President and CEO. "The OTCQX is the highest tier of the OTC markets that offers investors superior information and visibility and we look forward to begin trading on the OTCQX in the near term."
The OTCQX marketplace is the premier tier of the U.S. Over-the-Counter market. Investor-focused companies use the quality controlled OTCQX platform to offer investors transparent trading, superior information, and easy access through their regulated U.S. broker-dealers. The innovative OTCQX platform offers companies and their shareholders a level of marketplace services formerly available only on a U.S. exchange. For more about OTCQX, visit www.otcqx.com.
About Victory Resources Corporation
The company's main focus is on the The Reforma property located at the common boundary of Sinaloa and Chihuahua States in west central Mexico. The concessions cover a total area of 7,226 hectares. Victory Resources will earn a 70% undivided interest in The Reforma property as part of an option agreement. Formerly owned by Penoles in Mexico, documentation showed that between the years 1968 to 1980, the Reforma mine processed 1.8 million tonnes grading an average of 91.62 grams per tonne Ag, 1.90 per cent Pb, 7.44 per cent Zn and 0.63 per cent Cu.
On behalf of The Board of Directors of Victory Resources Corporation.
Paul Lee, Director
This news release contains certain forward looking statements which involve known and unknown risks, delays, and uncertainties not under the control of Victory Resources Corp. which may cause actual results, performance or achievements of Victory Resources Corporation to be materially different from the results, performance or expectation implied by these forward looking statements. Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this press release, which has been prepared by management.
SOURCE Victory Resources Corporation