Mr. Richard Gonzalez reports

PETRO-VICTORY ENERGY CORP ANNOUNCES SHORT TERM LOAN

Petro-Victory Energy Corp. has completed a borrowing transaction totalling $500,000 (U.S.) with an unsecured promissory note issued to 579 Max Ltd. The loan carries an annual interest rate of 14 per cent and is scheduled to mature on Dec. 22, 2026. In connection with the loan, the lender has been granted 1,010,882 bonus warrants, having an exercise price of 68 cents per share and an expiry date of Dec. 22, 2026. The loan and issuance of warrants remain subject to TSX Venture Exchange acceptance.

The loan and the issuance of the warrants each constituted a related-party transaction under Multilateral Instrument 61-101 (Protection of Minority Security Holders in Special Transactions) as T. Lynn Bryant, a director and related party (as defined in MI 61-101) of the company, is a principal of the lender. The company relied on the exemptions from the formal valuation and minority shareholder approval requirements of MI 61-101 contained in sections 5.5(a) and 5.7(1)(a) of MI 61-101 in respect of related-party matters as the company is listed on the TSX-V and neither the fair market value (as determined under MI 61-101) of the subject matter of, nor the fair market value of the consideration for, the transaction, insofar as it involves the related parties, exceeded 25 per cent of the company's market capitalization (as determined under MI 61-101).

About Petro-Victory Energy Corp.

Petro-Victory is an oil and gas company engaged in the acquisition, development and production of crude oil and natural gas in Brazil. The total portfolio under management as of the date of this filing includes 49 concession contracts with 276,755 acres, net to Petro-Victory, plus an additional six concessions and 19,074 acres owned jointly with BlueOak in Capixaba Energia. Through disciplined investments in high-impact, low-risk assets, Petro-Victory is focused on delivering sustainable shareholder value. The company's common shares trade on the TSX Venture Exchange under the ticker symbol VRY.

We seek Safe Harbor.