Victory Ventures Inc. is a Canadian-based junior mining exploration company focused on the procurement, exploration and development of resource properties in North and South America.
Victory Ventures has acquired metallic and industrial minerals exploration permits from the Province of Alberta that encompass an area of approximately 36,800 hectares (91,000 acres) covering four townships northwest of the Fox Creek-Swan Hills area in the Peace River District. The Spirit River properties have more than 800 well sites within the permitted area, some of which are producing wells with lithium content in well brines.
Victory Ventures recently entered into an option agreement to acquire a 100%- interest in the Kittson Colbalt Property, located in the Kittson and Coleman Townships of the Larder Lake Mining Division, in Northeastern Ontario. The Kittson property is comprised of 5 unpatented mining claims totaling 68 units having a combined area of approximately 1,090 hectares. The Kittson Cobalt Property is located within the prolific Cobalt mining camp, which has produced over 420 million ounces of silver.
On February 17, 2017, the Company announced it has received TSX Venture Exchange approval to its proposed name change. Effective immediately the Company's common shares will commence trading under the new name Power Americas Minerals Corp. and under its new trading symbol PAM.
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LATEST COMPANY UPDATES
FEBRUARY 17, 2017: Victory Ventures Inc. announces it has changed its name to “Power Americas Minerals Corp.” Management feels the new name will better reflect the Company’s current exploration focus on cobalt, lithium, and other energy metals.
FEBRUARY 1, 2017: Victory Ventures Inc. announces it is granting 5,000,000 incentive stock options to certain officers, directors, consultants, and employees of the Company to purchase up to a total of 5,000,000 common shares of the Company at a price of $0.05 per common share for a period of five years.