Victory Mountain Appoints Morris to CEO
April 07 2014 - 3:23PM
Marketwired
Victory Mountain Appoints Morris to CEO
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Apr 7, 2014) -
Victory Mountain Ventures Ltd. (TSX-VENTURE:VMV) ("Victory") is
pleased to announce that Patrick Morris has been appointed CEO of
Victory Mountain Ventures.
Mr. Morris, 44, is President of Vimoris Ventures Inc., a company
which provides management consulting, corporate finance and
business development services to public and private Mining and Oil
and Gas exploration companies. Mr. Morris has served on the board
and managed several exploration companies from incorporation to
listing on the TSX Venture Exchange. Mr. Morris has also enjoyed
success in the field of marketing as a specialist in financial
programming and advertising for public companies in the media.
Morris commented: "We will continue to position Victory Mountain
as one of Canada's first publicly traded developers of quality frac
sand. The Shale gas industry in Western Canada is just getting
started and we want our shareholders to benefit from this key
ingredient in the energy services sector. We will also continue our
search for near term production assets and world class technical
advisory board members. 90% of frac sand in Canada comes from
thousands of kilometers away. Our goal is to provide a more cost
effective domestic supply of high quality sand to our local Oil and
Gas Producers."
Charles Desjardins will remain as President and a director of
the Company. The Company further announces that pursuant to its
stock option plan, it has granted incentive stock options to its
directors, officers, consultants, and employees to purchase in the
total of 300,000 common shares in the capital stock of the company,
subject to regulatory approval, exercisable for a period of five
years, at a price of $0.08 per share.
Victory Mountain Ventures Ltd. (TSX-VENTURE:VMV) is a Junior
Exploration Company based in Western Canada. The Company has
interests in Silica (Frac Sand), Copper, Gold, Silver, Molybdenum
and other base metals in Canada.
On Behalf of the Board of Directors
VICTORY MOUNTAIN VENTURES LTD.
Patrick Morris, CEO and Director
"Neither the TSX Venture Exchange nor its Regulation Services
Provider (as that term is defined in the policies of the TSX
Venture Exchange) accepts responsibility for the adequacy or
accuracy of this release."
Cautionary note:
This report contains forward looking statements. Resource
estimates, unless specifically noted, are considered speculative.
Any and all other resource or reserve estimates are historical in
nature, and should not be relied upon. The production rate and
mine-life projections have been made without support of a
feasibility study, there is no certainty the proposed operations
will be economically viable. By their nature, forward looking
statements involve risk and uncertainties because they relate to
events and depend on factors that will or may occur in the future.
Actual results may vary depending upon exploration activities,
industry production, commodity demand and pricing, currency
exchange rates, and, but not limited to, general economic factors.
Cautionary Note to US investors: The U.S. Securities and Exchange
Commission specifically prohibits the use of certain terms, such as
"reserves" unless such figures are based upon actual production or
formation tests and can be shown to be economically and legally
producible under existing economic and operating conditions.
Victory Ventures Inc.Patrick
Morris604-683-5445604-687-9631info@victorymv.comwww.victorymv.com