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Petro-Victory Energy ( (TSE:VRY) ) has shared an update.
Petro-Victory Energy Corp. has issued 575,000 bonus warrants to PPF 13, LLC as part of a loan forbearance and extension agreement. These warrants, exercisable at CAD$0.75, replace previously issued warrants and are subject to TSXV final acceptance. This move is part of Petro-Victory’s strategy to manage its financial obligations while continuing its operations in Brazil’s oil and gas sector.
More about Petro-Victory Energy
Petro-Victory Energy Corp. is an oil and gas company focused on the acquisition, development, and production of crude oil and natural gas in Brazil. The company manages a portfolio that includes 49 concession contracts covering 276,755 acres, along with additional joint ventures. Petro-Victory aims to deliver sustainable shareholder value through disciplined investments in high-impact, low-risk assets, and its shares are traded on the TSX Venture Exchange under the ticker symbol VRY.
Average Trading Volume: 8,023
Technical Sentiment Signal: Sell
Current Market Cap: C$15.84M
Learn more about VRY stock on TipRanks’ Stock Analysis page.