Petro-Victory Energy (TSE:VRY) has released an update.
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Petro-Victory Energy Corp. has announced that their shareholders have approved an updated fixed stock option plan, which is subject to final TSX Venture Exchange approval. The plan now includes an increased number of common shares for issuance, capped at 20% of the company’s current outstanding shares. Petro-Victory, focusing on oil and natural gas development in Brazil, aims to create value for its investors through strategic asset investments.
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