Velocity Announces Positive Drill Results from Gold Projects, Southeast Bulgaria
Vancouver, British Columbia--(Newsfile Corp. - February 9, 2021) - Velocity Minerals Ltd. (TSXV: VLC) ("Velocity" or the "Company") announces receipt of drill results from its gold exploration projects in southeast Bulgaria. Drilling is ongoing with five drill rigs active across three projects.The Company's strategy is to develop a low cost 'Hub & Spoke' operation which envisions open pit mining of satellite deposits and processing in an existing central plant. A prefeasibility study was...
2021-02-09 7:00 AM EST
Velocity Announces 2021 Gold Exploration Program
Vancouver, British Columbia--(Newsfile Corp. - February 3, 2021) - Velocity Minerals Ltd. (TSXV: VLC) ("Velocity" or the "Company") announces an expanded 2021 exploration drill program of up to 50,000m at its projects in Bulgaria following up on positive 2020 results and extensive targeting in preparation for 2021.Highlights of 2020 include: Positive Rozino prefeasibility study completed returning an after-tax IRR of 27.4%. 22,500m of drilling completed in 2020 Total of $14.7 million raised,...
2021-02-03 7:00 AM EST
Velocity Announces Closing of $8.9 Million Strategic Investment and Private Placement
Vancouver, British Columbia--(Newsfile Corp. - November 24, 2020) - Velocity Minerals Ltd. (TSXV: VLC) ("Velocity" or the "Company") announces that it has closed a 9.99% strategic investment with Dundee Precious Metals Inc. ("DPM") whereby the Company has issued and sold 13,394,000 common shares to DPM for an aggregate purchase price of $6,697,000 (the "Strategic Investment") on a private placement basis.In connection with the Strategic Investment, Velocity issued to Artemis Gold Inc....
2020-11-24 3:12 PM EST
IIROC Trade Resumption - Velocity Minerals Ltd.
Vancouver, British Columbia--(Newsfile Corp. - March 17, 2017) - Trading resumes in: Company: Velocity Minerals Ltd.
2017-03-17 4:06 PM EDT
IIROC Trade Halt - Velocity Minerals Ltd.
Vancouver, British Columbia--(Newsfile Corp. - February 6, 2017) - The following issues have been halted by IIROC: Company:
2017-02-06 9:37 AM EST