Victory West Metals Limited

Victory West Moly Limited (ASX:VWM) to Acquire a Majority Interest in Highly Prospective Direct Shipping Ore (DSO) Nickel Project in South Sulawesi, Indonesia is pleased to announce that it has entered into a binding agreement (the "Agreement") with Oceantide Investments Pty Ltd ("Oceantide") for the right to acquire within the next 60 days, subject to due diligence, Oceantide's rights to a highly prospective DSO Nickel Project in South Sulawesi, Indonesia (either through the acquisition of 100% of Oceantide's equity capital or 100% of Oceantides rights to the project).

Victory West Moly Limited (ASX:VWM) is pleased to announce the latest results from regional reconnaissance geochemical sampling undertaken within the Company's five (5) IUP concessions forming the Malala Molybdenum Project, Sulawesi, Indonesia.

Victory West Moly Limited ("VWM" or the "Company") (ASX:VWM) (Frankfurt:R1E) is pleased to provide the following Indonesian Corporate update.

Victory West Moly Limited (ASX:VWM) is pleased to provide shareholders with this Quarterly Activities Report for the three (3) months ending 31 March 2010. Activities continued to focus on the Anomaly B and Promistis prospect areas within the Malala Molybdenum Project located in northern Sulawesi, Indonesia.

Victory West Moly Limited (ASX:VWM) is pleased to inform the market that it has closed the placement of 10,000,000 ordinary shares and 5,000,000 listed options (exercisable at A$0.20, on or before 24 February 2012) to sophisticated and institutional investors to raise A$1,500,000 which was oversubscribed.

The Directors of Victory West Moly Limited (ASX:VWM) are pleased to announce that the Company's management are to undertake a European investor road show from 18-24 April 2010, during which the Company will present at "Stock Day Resources" in Frankfurt (www.stockday.de), one of the leading German investment events for resource stocks, and at "Invest 2010" (www.messe-stuttgart.de/invest), one of the largest European trade fairs for institutional and private investors with over 15,000 visitors.

Finance Audio: Victory West Moly Limited (ASX:VWM) is a Perth based company established to explore the Malala molybdenum deposit on the island of Sulawesi in Indonesia. Brett McKay is interviewed by Brian Carlton.

ABN Newswire stocks to watch include: Atlas Iron Limited (ASX:AGO), Marion Energy Limited (ASX:MAE) (PINK:MAEJF), Exco Resources Limited (ASX:EXS) (PINK:EXRSF), WestSide Corporation Limited (ASX:WCL), AuDAX Resources Limited (ASX:ADX) (PINK:ADXRF), Magnetic Resources Limited (ASX:MAU), iSOFT Group Limited (ASX:ISF), Victory West Moly Limited (ASX:VWM), Adelaide Energy Limited (ASX:ADE) (PINK:ADEZF) and Pan Asia Corporation Limited (ASX:PZC).

Victory West Moly Limited (ASX:VWM) is pleased to announce it has completed a thorough assessment of all available geological data sets from the Anomaly B prospect, part of the Company's highly prospective Malala Molybdenum Project in Sulawesi, Indonesia. As a result, a robust geological model has been developed which illustrates that significant upside exists at Anomaly B.

ABN Newswire stocks to watch today include: Iron Road Limited (ASX:IRD), Meteoric Resources (ASX:MEI), Cougar Energy Limited (ASX:CXY), Magnetic Resources (ASX:MAU), ABM Resources NL (ASX:ABU), AusTex Oil Limited (ASX:AOK), and Victory West Moly Limited (ASX:VWM).