Acquisition of Securities of Victory Nickel Inc. and Filing of Early Warning Report
Published : August 02, 2013
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LONDON, UNITED KINGDOM--(Marketwired - Aug. 2, 2013) - A & M International Ltd., Wellington Building, 28-32 Wellington Rd., St John's Wood, London, NW8 9SP England ("A & M"),, announces that it acquired beneficial ownership of 11,044,625 units of securities (each, a "Unit") of Victory Nickel Inc. ("Victory Nickel") pursuant to Victory Nickel's previously announced Rights Offering (the "Rights Offering"). Each Unit consists of one common share (each, a "Common Share") and one Common Share purchase warrant of Victory Nickel (each, a "Warrant"). A & M believes that this shareholding, together with its previous shareholding in Victory Nickel of 44,178,500 Common Shares, represents approximately 9.98% of the total issued and outstanding Common Shares based on an aggregate of 553,474,860 Common Shares issued and outstanding as of the date hereof as disclosed by Victory Nickel. The Units were acquired by A & M for CAD$0.024 per Unit. The aggregate consideration paid by A & M to Victory Nickel for all 11,044,625 Units it acquired pursuant to the Rights Offering was CAD$265,071.

Each Warrant entitles the holder thereof to purchase one Common Share at an exercise price of CAD$0.035 per Common Share during the 12 month period beginning at 9:00 a.m. on July 31, 2014 and ending at 4:00 p.m. on July 31, 2015. In the event that the 11,044,625 Warrants held by A & M are exercised in their entirety on the terms thereof, this exercise would result in A & M holding approximately 11.74% of the issued and outstanding Common Shares of Victory Nickel (without taking into account any possible exercise of any other warrants or other securities convertible into Common Shares which may have been issued by Victory Nickel to third parties).

A & M has acquired the Units, including the Common Shares, for investment purposes. A & M's interest in Victory Nickel may be increased or decreased in the future in light of investment criteria, market conditions and other factors in accordance with the provisions of applicable securities legislation.

A & M has filed an Early Warning Report with the British Columbia, Alberta, Saskatchewan, Manitoba, Ontario and Quebec Securities Commissions in respect of the acquisition of the right to securities. Copies of the report filed by A & M under applicable securities legislation may be obtained from SEDAR (www.sedar.com) or by contacting the below noted representative.

A & M International Ltd.

A & M International Ltd, London, UK, is a part of the AMIDT Group of Dubai, UAE. A & M International Ltd is also the Marketing Division of AMIDT Group. London is a strategic location for metal trading because of London Metal Exchange (LME). This facilitates hedging operations of our Group. AMIDT is an acronym for Alloy Metal International Distribution Technology Group. Amidt Group is focused on the physical production, engineering and trading of ferrous, non-ferrous metals, minerals, chemicals, alloys and scraps. Subsequently, the group expanded its portfolio to include consultancy services and the manufacture of Zinc, Copper and Lead products . Through sustained growth over the past years the Amidt Group has grown to become a multi-national firm, boasting a range of clients from Europe, Middle East, Africa, Russia and Asia.

A & M International Ltd has extensive trading connections with producers in UAE/Turkey/Muscat/Qatar/India/Kazakhastan/Malaysia from whom Zinc Ingots/Lead Ingots/Copper Cathodes/Tin Ingots, etc. are purchased. A & M International Limited has highly experienced traders for Base Metals; Minor Metals; Non-Ferrous Scraps; etc. who have been involved with metal trading for around twenty years and between them have a combined experience of over one hundred years.

A & M has recently become a key investor and partner in Victory Nickel Inc., Canada.



Ahmed Latif
+44 20 7483 9090
+44 20 7483 9091 (FAX)
gm.ukoffice@amidt.com
or
A & M International Ltd.
Wellington Building, 28-32 Wellington Road , St. John's Wood
+44 20 7483 9090
+44 20 7483 9091 (FAX)
London, England
NW8 9SP
Data and Statistics for these countries : Canada | India | Malaysia | Russia | Turkey | United Kingdom | All
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Victory Nickel Inc.

DEVELOPMENT STAGE
CODE : NI.TO
ISIN : CA92647F1027
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Victory Nickel is a nickel development stage company based in Canada.

Victory Nickel develops nickel and palladium in Canada, and holds various exploration projects in Canada.

Its main asset in development is MINAGO in Canada and its main exploration properties are MEL PROPERTY and LAC ROCHER SULPHIDE NICKEL in Canada.

Victory Nickel is listed in Canada. Its market capitalisation is CA$ 1.7 millions as of today (US$ 1.3 millions, € 1.2 millions).

Its stock quote reached its highest recent level on January 08, 2010 at CA$ 2.20, and its lowest recent point on January 29, 2016 at CA$ 0.01.

Victory Nickel has 57 640 000 shares outstanding.

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Annual reports of Victory Nickel Inc.
2007 Annual report
Financings of Victory Nickel Inc.
7/31/2013Announces Successful Rights Offering to Shareholders
7/31/2013Announces Successful Rights Offering to Shareholders
6/14/2013Announces Rights Offering to Shareholders
Nominations of Victory Nickel Inc.
8/7/2013Announces Changes to Board of Directors
6/19/2012Creates Victory Silica Ltd., Appoints Ken Murdock as CEO, In...
Financials of Victory Nickel Inc.
4/1/2015Announces Fourth Quarter and Fiscal 2014 Financial and Opera...
Project news of Victory Nickel Inc.
4/14/2015Temporarily Suspends Frac Sand Production
10/9/2013Subsidiary Victory Silica Progressing Toward Frac Sand Produ...
4/12/2012(Minago)Drilling Nickel Bearing Area South of Minago Sulphide Nickel...
4/4/2012(Minago)Drill Program Progressing at Minago Sulphide Nickel Project
9/19/2011(Minago)Receives Board Approval to Proceed With Development of Minag...
8/24/2011(Minago)Granted Environment Act Licence for Minago Sulphide Nickel M...
8/16/2011(Minago)Estimates 21 Million to 34 Million Tonne ETMI in Minago Nort...
8/8/2011(Minago)Identifies Western Extension of Nose Deposit at Minago
7/25/2011(Minago)Completes Reporting of North Limb Drilling at Minago Project
7/20/2011(Minago)Reports Further Positive North Limb Drilling at Minago Proje...
6/28/2011(Minago)North Limb Drilling Continues to Return Positive Results at ...
5/2/2011(Minago)Increases Minago Pit-Constrained Measured & Indicated Resour...
2/28/2011(Minago)Winter Work Program Underway at Victory Nickel's Minago Proj...
Corporate news of Victory Nickel Inc.
12/14/2015Victory Nickel Unsecured Note Holder Provides Notice of Defa...
11/26/2015Victory Nickel Announces Debt Restructuring Package
10/2/2015Victory Nickel Granted Extension for Delisting Review by the...
10/2/2015TSX Delisting Review - Victory Nickel Inc. (Symbol: NI)
8/14/2015Victory Nickel Announces Second Quarter 2015 Financial and O...
8/5/2015Victory Nickel Comments on Remedial Delisting Review Initiat...
8/5/2015TSX Delisting Review - Victory Nickel Inc. (Symbol: NI)
7/31/2015Victory Nickel Updates Secured Debt Status
7/2/2015Victory Nickel Announces Non-Payment of Quarterly Interest o...
6/29/2015Victory Nickel Announces Results of Annual and Special Meeti...
4/22/2015Announces Loan Extension
4/14/2015Victory Nickel Announces Receipt of Payment for Lynn Lake Pr...
4/14/2015IIROC Trading Halt - NI
4/6/2015Announces Receipt of Payment for Lynn Lake Project Option
4/6/2015Victory Nickel Announces Receipt of Payment for Lynn Lake Pr...
4/1/2015Victory Nickel Announces Fourth Quarter and Fiscal 2014 Fina...
3/25/2015Victory Nickel Announces Management Change
3/25/2015Announces Management Change
3/18/2015Victory Nickel's Bear Coulee Frac Sand Project Exceeds API S...
3/18/2015Bear Coulee Frac Sand Project Exceeds API Specs
2/25/2015Victory Nickel Provides Update and Outlook for Frac Sand Ope...
2/3/2015Victory Nickel Announces NI 43-101 Resource on Wisconsin Fra...
1/9/2015Victory Nickel Expands Its Wisconsin Frac Sand Supply Chain
11/14/2014Victory Nickel Announces Third Quarter and Nine Month Financ...
11/12/2014Victory Nickel Board Approves Proceeding with Phase Two of F...
11/4/2014Victory Nickel Options Lynn Lake Nickel Project to Corazon M...
10/29/2014Victory Nickel Adds Final Crew to Operate 24/7 at 7P Frac Sa...
10/2/2014Victory Nickel Options Wisconsin Frac Sand Property
9/12/2014Victory Nickel Announces Consolidation of Common Shares
9/5/2014Victory Nickel to Present at the 16th Annual Global Investme...
8/14/2014Victory Nickel Announces Second Quarter Financial Results
8/13/2014Victory Nickel Enters Into Sales Contract for 20% of 7P Plan...
8/11/2014Victory Nickel Announces Successful Commissioning at 7P Frac...
7/7/2014Victory Nickel Announces Closing of Convertible Note Financi...
5/30/2014Victory Nickel Announces Results of Annual and Special Meeti...
5/28/2014Victory Nickel Reminder: Annual and Special Meeting of Share...
5/16/2014Victory Nickel Files Q1 Financial Statements
5/15/2014Victory Nickel Obtains Line of Credit for Frac Sand Business
4/30/2014Victory Nickel Applies for Amendment to Minago EAL
4/22/2014Victory Nickel and Nuinsco Announce Conversion of Loan to Di...
11/4/2013Provides Update on Frac Sand Plant Development
8/6/2013Silica Ltd., a Subsidiary of Victory Nickel Inc., Hires Frac...
8/2/2013Acquisition of Securities of Victory Nickel Inc. and Filing ...
7/17/2013Announces Hiring of Key Personnel, Equipment Orders for Albe...
7/11/2013Set to Begin Development of Seven Persons Frac Sand Plant
6/28/2013Announces Results of Annual and Special Meeting
5/28/2013Adopts Advance Notice By-Law
3/26/2013Announces Amended and Restated Loan Agreement
3/22/2013Completes $2.2 million Private Placement
2/25/2013Announces Filing of Application to Change Permit Status of S...
1/25/2013Announces Loan Agreement
1/9/2013Completes Asset Purchase Agreement for Seven Persons Sand Pl...
10/18/2012s Status of Victory Silica Frac Sand Initiative
6/26/2012Ken Murdock Discusses Plans for Victory Silica's Entry Into ...
5/14/2012Reports on Winter Programs
8/10/2011(Minago)Again Improves Economics at Minago
8/3/2011Identifies Depth Extension to Known Resource at Mel Nickel P...
7/26/2011Receives Draft Environment Act Licence
6/29/2011CORRECTION FROM SOURCE: Victory Nickel Receives Draft Enviro...
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