Amendments Victory Ventures Inc VIP Shares issued 11,307,277 May 27 close $0.26 Thu 28 May 98 Acquisition The VSE has accepted for filing amendments to two property acquisition agreements dated May 30, 1997 between the company and William Kizan (the vendor). The exchange has accepted for filing an amendment, dated April 17, 1998, to a property acquisition agreement dated May 30, 1997 between the company and the vendor whereby the company will acquire a 100 per cent interest in the Kizan/Syd No. 1 property in the Lesser Slave Lake area of Alberta. In addition to consideration already paid, the company will pay to the vendor $20,000 cash and issue 100,000 shares. Upon receipt of the above noted cash and shares, the vendor will transfer title of the property to the company. The exchange has accepted for filing an amendment, dated April 17, 1998, to a property acquisition agreement dated May 30, 1997 between the company and the vendor whereby the company will acquire a 100 per cent interest in the Kizan/Syd No. 2 property in the Lesser Slave Lake area of Alberta. In addition to consideration already paid, the company will pay to the vendor $20,000 cash and issue 100,000 shares. Upon receipt of the above noted cash and shares, the vendor will transfer title of the property to the company. |