VANCOUVER, March 19, 2012 /CNW/ - VICTORY RESOURCES CORPORATION (the "Company") is pleased to announce that it has begun trading on the OTCQX International marketplace (the "OTCQX") under the symbol "VRCFF." The OTCQX is the highest tier of the U.S. OTC Markets. The Company is pleased to increase accessibility for U.S. investors. The OTCQX membership was sponsored and facilitated by Kenneth I. Denos, P.C. who will act as the Company's Principal American Liaison.
OTC Markets Group Inc. is a leading financial information and technology services company that provides the world's largest electronic inter-dealer quotation system, trading technology and financial information provider for over-the-counter (OTC) securities in the United States. Investors can access financials, news, contact information and quote & trade information for Victory Resources at http://www.otcmarkets.com/stock/VRCFF/quote .
"The OTCQX platform offers investor-focused companies a winning combination of quality control, transparency, and broader visibility to U.S. investors," said R. Cromwell Coulson, President and Chief Executive Officer of OTC Markets Group. "We are pleased to welcome Victory Resources to OTCQX."
"As we advance our drill program at the Reforma property in Mexico, the profile of our company and investment interest has increased with U.S. investors," stated Wally Boguski, President and CEO. "The OTCQX offers Victory Resources Corp. an ideal platform to satisfy the many requests by our U.S. shareholders and potential investors who have asked the Company to trade its shares in the United States."
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.
For further information:
Please contact Wally Boguski at 604-580-9605