Velocity Minerals Ltd. announces that drilling has restarted at the Iglika copper-gold property , located in southeast Bulgaria. The drill program is fully funded by Dundee Precious Metals Inc. . Phase II Drilling Highlights The phase II drill program is planned at approximately 7,000m of drilling in 13 drill holes , with 2,500m planned to be [...]
Velocity Minerals Ltd. announces the appointment of Michelle Roth to its Board of Directors as an independent director. Michelle Roth Ms. Roth is an entrepreneur and business leader who founded Roth Investor Relations in 1987. She successfully expanded this global consulting business through multiple investment cycles by formulating comprehensive [...]
Drilling highlights include: 2.5m grading 2.78 % copper, and 14.5m grading 0.89 % copper Velocity Minerals Ltd. announces results from initial drilling at the Iglika copper-gold project , located in southeast Bulgaria. Exploration at Iglika is funded 100% by Dundee Precious Metals Inc. , under the terms of a binding letter agreement whereby [...]
Underexplored property proximal to Ada Tepe gold mine and Rozino gold deposit Velocity Minerals Ltd. announces that it has entered into a letter agreement with Zelenrok EOOD, a wholly-owned subsidiary of Raiden Resources Limited , whereby Velocity has been granted an exclusive option to acquire a 75% interest in and to the prospecting and [...]
Publishes 2022 ESG Report Velocity Minerals Ltd. reports the results of its annual general meeting of shareholders held on June 22, 2023 in Vancouver, British Columbia. All the motions presented to the shareholders were approved. Votes representing 103,649,770 shares were cast, representing 60.40% of the issued and outstanding shares at the record [...]
10,000m Exploration Drilling Initiated Velocity Minerals Ltd. announces that it has entered into a binding letter agreement with Dundee Precious Metals Inc. , whereby Velocity has granted to DPM an exclusive option to acquire a 75% interest in and to the Iglika copper-gold prospecting license , located in Bulgaria . Commercial Terms To exercise the [...]
Velocity Minerals Ltd. has closed its previously announced non-brokered private placement by the issuance of 9,200,000 units of the Company priced at $0.15 per Unit for total gross proceeds of $1.38 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 Warrant [...]
Velocity Announces Up To $1.38 Million Non-Brokered Private Placement Velocity Minerals Ltd. announces that the Company has initiated a strategic review process and has engaged Leede Jones Gable Inc. to assist it in its review. The Advisor will work with Velocity's management and Board to evaluate a range of strategic alternatives that may be [...]
Issues Shares to Vendor Velocity Minerals Ltd. announces that it has received TSX Venture Exchange approval for the previously announced binding letter agreement with Zelenrok EOOD , a wholly-owned subsidiary of Raiden Resources Ltd. . Pursuant to the Letter Agreement, Velocity has been granted an exclusive option to acquire up to a 75% interest in [...]
Velocity Minerals Ltd. has closed its previously announced non-brokered private placement by the issuance of 10,000,000 units of the Company priced at $0.15 per Unit for total gross proceeds of $1,500,000. Each Unit consists of one common share in the capital of the Company and one-half of one common share purchase warrant , with each Warrant [...]
Velocity Minerals Ltd. announces a non-brokered private placement of up to 10,000,000 units of the Company priced at $0.15 per Unit for total gross proceeds of up to $1,500,000. Each Unit will consist of one common share in the capital of the Company and one-half of one common share purchase warrant , with each Warrant entitling the holder thereof [...]
Velocity Minerals Ltd. announces that it has entered into a binding letter agreement with Zelenrok EOOD , a wholly-owned subsidiary of Raiden Resources Limited , whereby Velocity has been granted an exclusive option to acquire, in two stages, up to a 75% interest in and to the prospecting and exploration licence covering the 195 km² Zlatusha [...]
