Velocity Minerals Ltd. is pleased to provide an update regarding the sale of the Rozino gold project and the Company's other Bulgarian assets for USD $59.0 million cash , as previously announced on October 1, 2024. Following in-person meetings in Ankara, Turkiye, Velocity has signed an amendment to the binding letter agreement which specifies [...]
Velocity Minerals Ltd. is pleased to provide an update regarding the sale of the Rozino gold project and the Company's other Bulgarian assets for USD $59.0 million cash , as previously announced on October 1, 2024. Türkerler İnşaat Turizm Madencilik Enerji Üretim Ticaret ve Sanayi A.Ş. has delivered confirmation to the Company [...]
Velocity Minerals Ltd. is pleased to announce that it has entered into a binding letter agreement with Türkerler İnşaat Turizm Madencilik Enerji Üretim Ticaret ve Sanayi A.Ş. , a diversified company based in Ankara, Turkey, whereby Türkerler has agreed to purchase 100% of the Rozino gold project, together with certain licences [...]
Velocity Minerals Ltd. announces that it has entered into a binding letter agreement, through its wholly-owned subsidiary, with an arm's length third party , whereby the Vendor has granted the Company the exclusive option to acquire a 100% interest in the Toledo gold-silver property , located in Western Bulgaria. Toledo Project Highlights [...]
Extends and Amends Advisory Engagement Velocity Minerals Ltd. announces that it has published its fourth annual ESG Report , which is available for download on the Velocity website. In the Report, the Company outlines Velocity's continued focus on environmental stewardship, local stakeholders and leadership in the community. The Company also [...]
Velocity Minerals Ltd. reports the results of its annual general meeting of shareholders held on June 18, 2024 in Vancouver, British Columbia. All the motions presented to the shareholders were approved. Votes representing 149,815,984 shares were cast, representing 76.36% of the issued and outstanding shares at the record date. A summary of the [...]
Velocity Minerals Ltd. provides a corporate and exploration update and extends its advisory engagement with Leede Jones Gable Inc. who will continue to work with Velocity's management and Board to evaluate a range of strategic alternatives that may be available to the Company to maximize value for all shareholders. Strategy and Potential Asset Sale [...]
Announces Management Changes Velocity Minerals Ltd. announces that it has entered into an agreement to the letter agreement signed with Zelenrok EOOD , a wholly-owned subsidiary of Raiden Resources Ltd. , whereby Velocity has been granted an exclusive option to acquire, in two stages, up to a 75% interest in and to the Zlatusha prospecting and [...]
Velocity Minerals Ltd. provides an update on the ongoing exploration program at the Zlatusha copper-gold project , located in the prolific Tethyan Belt that has potential for epithermal, porphyry, and skarn deposit discoveries. Phase I drill testing is planned for Q2 2024, with an initial 3,000m of diamond drilling to test priority copper-gold [...]
Drill Highlights include: 4.0m at 0.47% copper and 71m at 0.15% copper, including 4.7m at 0.26% copper, 6.0m at 0.37% copper, and 24.5m at 0.21% copper Trench Highlights include: 7.8m grading 2.37 g/t gold, including 1.0m grading 12.3 g/t gold Second Drill Rig Mobilized to Project Velocity Minerals Ltd. announces receipt of drill results from the [...]
Velocity Minerals Ltd. announces that it has issued a 60-day Notice of Termination to Zelenrok EOOD ), under a letter agreement dated August 8, 2023 between the Company and Raiden . Pursuant to the Letter Agreement the Company was granted the right and option to acquire a 75% indirect interest in the Kalabak project, southeast Bulgaria. Surface [...]
Velocity Minerals Ltd. has closed its previously announced non-brokered private placement by the issuance of 14,886,525 units of the Company priced at $0.10 per Unit for total gross proceeds of $1,488,652.50 million. Each Unit consists of one common share in the capital of the Company and one-half of one common share purchase warrant , with each [...]
