Posted on: July 12, 2021

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Gneiss Energy Limited (“Gneiss Energy”), a global strategic and corporate finance advisory firm operating within the energy and natural resources sectors, is delighted to be named as exclusive corporate finance advisor to Petro-Victory Energy (“Petro-Victory”) (TSX-V:VRY), a full-cycle energy company focused on a portfolio of operated onshore exploration, development and production opportunities in Brazil. The engagement will see Gneiss Energy support Petro-Victory with strategic corporate finance advice in relation to capital raising, corporate and asset transactions, and other strategic growth initiatives.

Jon Fitzpatrick, Gneiss Energy Managing Director commented:

“The Gneiss team is very excited about its strategic partnership with Petro-Victory. Our firm regards onshore Brazil oil & gas as one of the most exciting geographic energy growth plays in the world. Brazil provides unparalleled dual catalysts for growth with Petrobras divestures and ANP Permanent Auction rounds, that present significant production, development and exploration opportunities for well-structured and capitalized companies. The Petro-Victory team has strategically positioned the Company at the forefront of this onshore opportunity and we look forward to supporting Richard and the entire Petro-Victory team to deliver their plan in Brazil.”

Richard Gonzalez, Petro-Victory CEO commented:

“I’m delighted to have secured Gneiss Energy as our exclusive corporate finance advisor as we enter the next stage of accelerating the growth of Petro-Victory’s onshore Brazilian portfolio. Gneiss delivers a world-class team of global investment banking and industry experts who have the expertise and skillset to support our exciting expansion plans within our existing and targeted assets. Together, we look to grow Petro-Victory into the preeminent acquisition and development firm with a laser focus on onshore Brazil.”

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