Petro-Victory Energy Corp Announces Extension to US $1,700,000 Note
Petro-Victory Energy Corp. (TSXV: VRY) ("Petro-Victory" or "Company") announces that, further, to press release dated October 6, 2022 and February 14, 2024, that the Company has extended the term of a US$1.7 million of secured financing from 579 Max, Ltd. (the "Lender"). The financing bears interest payable quarterly at the rate of 14% per annum. The note was due March 31, 2025, but has been extended by 12 months to March 31, 2026 (the "Extension").