Victory Ventures Forms Subsidiary to Evaluate and Pursue New Bio-Tech Industries
March 25 2014 - 2:10AM
Marketwired
Victory Ventures Forms Subsidiary to Evaluate and Pursue New
Bio-Tech Industries
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Mar 25, 2014) -
Victory Ventures Inc. (TSX-VENTURE:VVN)(FRANKFURT:VV0) (the
"Company") is pleased to announce that it has formed a wholly-owned
subsidiary, Victory H.E.M.P. Bio-Tech Inc., to actively pursue and
conduct due diligence on new opportunities including, but not
limited to, the agriculture, legal medical marijuana and bio-tech
industries. The regulation changes in the medical marijuana program
recently announced by Health Canada provides that after April 1,
2014, licensed producers of medical marijuana will be allowed to
commercially grow medical marijuana. The Company intends to pursue
all opportunities that may increase shareholder value.
Mr. Howard Milne, a Company director, has been appointed the
first director of Victory H.E.M.P. Bio-Tech Inc. Mr. Milne has
extensive experience in the Bio-Tech field. He was the
Vice-President of a listed Bio-Pharma company with ties to China
for six years where he was instrumental in raising in excess of 50
million dollars internationally, including in Germany, Hong Kong
and Singapore.
Victory Ventures Inc. will maintain its resource interests and
board of directors. The subsidiary intends to recruit business and
science-oriented persons to enhance board of directors and examine
the many opportunities in the new and exciting field of legal
marijuana use and the hemp industries.
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".
Neither TSX Venture Exchange nor its Regulation Services
Provider (as that term is defined in policies of the TSX Venture
Exchange) accepts responsibility for the adequacy or accuracy of
this release.
Victory Ventures Inc.Howard MilneDirector(604)
377-8994hdmcap@shaw.cawww.victoryventures.ca
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