Victory Ventures Oversubscribes $0.05 Private Placement and Announces Additional Private Placement at $0.06 Per Unit

Victory Ventures Inc. (the "Company") (TSX VENTURE:VVN)(FRANKFURT:VV0) is
pleased to announce that its 3,000,000 Unit private placement announced April
25, 2013 has been oversubscribed. Subject to regulatory approval, the Company
intends to close a non-brokered private placement of 4,100,000 Units at $0.05
per Unit. Each Unit consists of one common share and one share purchase warrant,
exercisable to acquire an additional share at $0.10 per share for a two year
period (the "Warrants"). The Company will pay an aggregate of $12,550 and issue
151,000 Finders Warrants, which will carry the same terms and conditions as the
Warrants. 


Subject to regulatory approval, the Company is carrying out an additional
non-brokered private placement of 5,000,000 Units at $0.06 per Unit. Each Unit
will consist of one common share and one share purchase warrant, exercisable to
acquire an additional common share at $0.12 per share for a two year period. 


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".


FOR FURTHER INFORMATION PLEASE CONTACT: 
Victory Ventures Inc.
[phone]
[e-mail]
www.victoryventures.ca