Mr. Richard Gonzalez reports

PETRO-VICTORY ENERGY CORP. ENGAGES ALLIANCE ADVISORS IR FOR INVESTOR RELATIONS SERVICES

Petro-Victory Energy Corp. has entered into an investor relations agreement with Alliance Advisors Investor Relations to provide the company with investor relations services, with a primary focus on developing and managing an investor relations and communications program, including public relations/media, social media and stakeholder relations.

"As Petro-Victory continues to execute on its high-growth strategy in Brazil, it is essential that we effectively communicate our vision, milestones and value proposition to the investment community," said Richard Gonzalez, chief executive officer of Petro-Victory. "Alliance Advisors has a deep understanding of the energy sector and a track record of elevating companies like ours in the capital markets. We are excited to work with them to expand our investor reach and engagement."

"Energy markets demand strong investor communication, and we are pleased to partner with Petro-Victory to amplify its story," said Alyssa Barry, president of Alliance Advisors Investor Relations. "With our experience supporting oil and gas companies, we understand how to position Petro-Victory's compelling growth strategy to retail and institutional investors. We look forward to working alongside the team to enhance shareholder engagement and visibility in the market."

Pursuant to the agreement with Alliance dated March 14, 2025, Alliance has agreed to provide investor relations and communications services to the company in exchange for a monthly fee of $15,000, payable monthly. The services include developing and managing PR/media, social media and stakeholder relations. The initial term of the agreement expires on Aug. 31, 2025, and will renew automatically subject to agreement by the parties. Alliance has an arm's-length relationship with the company, and no securities will be issued as compensation. The agreement remains subject to acceptance by the TSX Venture Exchange.

Corporate update

The company would also like to announce that it has borrowed an aggregate $400,000 (U.S.) and issued unsecured promissory notes to 579 Max Ltd., Fifteen Talents LP, Chris Cooper, Mr. Gonzalez and an arm's-length third party. Each loan bears interest at an annual rate of 14 per cent per annum, and each lender was issued bonus warrants exercisable at $1.49 as set out below.

Lender              Loan amount         Maturity         Number of            Expiry
                         (U.S.$)                    bonus warrants 

579 Max Ltd.            $50,000   March 12, 2026            48,292    March 12, 2026
Fifteen Talents LP      $50,000   March 12, 2026            48,292    March 12, 2026
Chris Cooper            $50,000   March 12, 2026            48,292    March 12, 2026
Richard Gonzalez       $200,000   March 12, 2026           193,168    March 12, 2026
Arm's-length party      $50,000   March 12, 2026            48,292    March 12, 2026

The loans 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 the lender is a related party (as defined in MI 61-101) of the company. 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 Venture Exchange 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).

The loans and issuance of warrants remain subject to TSX Venture Exchange final acceptance.

About Petro-Victory Energy Corp.

Petro-Victory is engaged in the acquisition, development and production of crude oil and natural gas resources in Brazil. The company holds 100-per-cent operating and working interests in 38 licences totalling 257,604 acres in two different producing basins in Brazil. Petro-Victory generates accretive shareholder value through disciplined investments in high-impact, low-risk assets. The company's common shares trade on the TSX-V under the ticker symbol VRY.

We seek Safe Harbor.