Victory Ventures Inc. (TSX VENTURE:VVN)(FRANKFURT:VV0) (the "Company") announces
that it intends to carry out a non-brokered private placement of up to 500,000
Units at $0.06 per Unit. Each Unit will consist of one flow-through common share
and one non-transferable share purchase Warrant, each Warrant exercisable to
acquire one non-flow-through common share, at $0.08 per share in the first year
and at $0.10 per share in the second year.


Finders' fees equal to 10% of the gross proceeds raised, in addition to the
issuance of a number of finder warrants ("Finder Warrants") equal to 10% of the
number of Units issued, may be paid to finders or other third parties upon
closing. The Finder Warrants shall contain the same terms and conditions as the
Warrants issued to investors.


On behalf of the Board of Directors:

Howard Milne, Director

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".


FOR FURTHER INFORMATION PLEASE CONTACT: 
Victory Ventures Inc.
Howard Milne
Director
(604) 377-8994
hdmcap@shaw.ca
www.victoryventures.ca

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