Victory Ventures Announces Private Placement

Victory Ventures Inc. (the "Company") (TSX VENTURE:VVN)(FRANKFURT:VV0) announces
that it intends to carry out a non-brokered private placement of up to 3,000,000
Units at $0.05 per Unit. Each Unit will consist of one common share and one
share purchase Warrant, each Warrant exercisable to acquire an additional common
share at $0.10 per share for a period of two years. 


A cash finders' fee, as well share purchase warrants ("Finder Warrants") equal
to 10% of the proceeds raised may be paid to qualified finders. 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".


HST#840156459RT0001

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

Victory Ventures Inc. (TSXV:VVN)
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