| Results of Annual General Meeting |
| Wednesday, 14 December 2011 09:00 |
|
Vancouver, BC – VICTORY RESOURCES CORPORATION (the "Company") is pleased to announce the results of the annual general meeting (the "Meeting") of shareholders that was held on December 8, 2011. At the Meeting, Company shareholders re-elected as directors Messrs. Wally Boguski, Laurence Sookochoff, Paul Lee and Alphonse Ruggiero. BDO Dunwoody LLP, Chartered Accountants, was re-appointed as the auditor. Mr. Boguski was reappointed as Chief Executive Officer and President and Mr. Sookochoff was appointed as the Chief Financial Officer and Secretary. The Company's Audit Committee is comprised of Messrs. Sookochoff, Ruggiero and Lee. The Company's stock option plan was renewed by shareholders. The Board of Directors stated, "We are encouraged by the unusually high percentage of shareholder votes cast at the meeting and the almost unanimous endorsement received by management. Our shared vision is that that the drilling and other exploration taking place at Reforma will continue to bring success to the Company and its shareholders; we believe that the Company is well positioned to achieve this goal." At this time on behalf of our Board of Directors, Management Teams, and Staff we would like to wish all our shareholders a Merry Christmas, a Happy New Year, and a Happy Holiday season. |
