VANCOUVER, June 11, 2012 /CNW/ - Victory Resources Corp. (TSXV: VR) (OTCQX: VRCFF ) (the "Company") has retained King James Capital Corp, an Investor Relations and Marketing firm as a service provider for the company. King James Capital is based in Vancouver, B.C. and provides services that help improve communication strategies that include digital and social media opportunities, as well as select financial industry lead generation. King James Capital has been engaged for a term of twelve months for marketing services provided with compensation to be $2,000 USD per month (plus HST) plus 100,000 options at $0.45 cents for two years (from date of TSX approval) of the company that will be vested over the first year of the agreement.
King James Capital is a full-service strategic PR and marketing company. Service offerings include; corporate communications strategy, online marketing and investor awareness campaigns, media monitoring recognized key industry websites and maintaining and building active social media campaign.
The company's engagement of King James Capital is subject to the acceptance of the TSX Venture Exchange.
About Victory Resources Corporation
The company's main focus is on 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.
The company has also begun exploration work on the Au-Wen property in British Columbia, Canada. The Au-Wen property is 100 % owned by Victory Resources and is located 30 kilometers southeast of Merritt and 8 kilometers east of the historic Aspen Grove mining camp in south-central British Columbia, Canada. The property is comprised of 111 mineral claims covering an area of 44,170 hectares. The area covered is up to 39 kilometres long and up to 21 kilometres wide.
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:
Corey Safran, Investor Relations, at 609-228-0595, or by email at [email protected].