Velocity Reports 2025 AGM Results
Vancouver, British Columbia--(Newsfile Corp. - June 18, 2025) - Velocity Minerals Ltd. (TSXV: VLC) ("Velocity" or the "Company") reports the results of its annual general meeting (the "Meeting") of shareholders held on June 17, 2025, in Vancouver, British Columbia. All the motions presented to the shareholders were approved. Votes representing 114,658,946 shares were cast, representing 58.14% of the issued and outstanding shares at the record date. A summary of the Meeting results is outlined below.
2025-06-18 9:00 AM EDT
Velocity Receives US $16.5 Million First Tranche Payment from Türker Global Madencilik Sanayi Ve Ticaret A.S.
Vancouver, British Columbia--(Newsfile Corp. - June 9, 2025) - Velocity Minerals Ltd. (TSXV: VLC) (OTCQB: VLCJF) ("Velocity" or the "Company") announces that, further to its previous news releases (October 1, November 29, December 17, 2024, February 28, 2025, and April 16, 2025), and pursuant to a definitive share purchase and option agreement made as of February 24, 2025 (the "Definitive Agreement") with Türker Global Madencilik Sanayi Ve Ticaret A.Ş. ("Türker Mining") whereby Velocity agreed to, inter alia, sell its 70%...
2025-06-09 8:51 AM EDT
Velocity Shareholders Approve Sale of Bulgarian Assets
Vancouver, British Columbia--(Newsfile Corp. - April 16, 2025) - Velocity Minerals Ltd. (TSXV: VLC) (OTCQB: VLCJF) ("Velocity" or the "Company") announces, further to its news releases dated October 1, 2024, November 29, 2024, December 17, 2024 and February 28, 2025, that shareholders have overwhelmingly voted in favour of a special resolution approving the sale of the Company's Bulgarian assets (see Notice of Meeting and Management Information Circular available for download on the Company's web site and on its SEDAR+ profile...
2025-04-16 8:30 AM EDT
Velocity Acquires Copper-Gold Exploration Property in Northern Greece
Vancouver, British Columbia--(Newsfile Corp. - March 13, 2025) - Velocity Minerals Ltd. (TSXV: VLC) (OTCQB: VLCJF) ("Velocity" or the "Company") provides an update on project generation work in northern Greece. The Company has been active in Greece for approximately 18 months, visiting historical mineral occurrences, completing geological mapping, rock sampling and prospecting. In connection with this generative strategy, the Company is pleased to announce that it has been granted an exploration license located in northern Greece ("Miriofito" or...
2025-03-13 8:45 AM EDT
Velocity Enters into Definitive Agreement to Sell All Bulgarian Assets
Vancouver, British Columbia--(Newsfile Corp. - February 28, 2025) - Velocity Minerals Ltd. (TSXV: VLC) (OTCQB: VLCJF) ("Velocity" or the "Company") announces that, further to its news releases of October 1, November 29 and December 17, 2024, it has entered into a definitive share purchase and option agreement made as of February 24, 2025 (the "Definitive Agreement") with Türker Global Madencilik Sanayi Ve Ticaret A.Ş. ("Türker Mining"), a subsidiary of Türkerler İnşaat Turizm Madencilik Enerji Üretim Ticaret ve Sanayi A.Ş. ("Türkerler"),...
2025-02-28 2:54 PM EST
Velocity Provides Additional Transaction Update On Sale of Bulgarian Assets
Vancouver, British Columbia--(Newsfile Corp. - December 17, 2024) - Velocity Minerals Ltd. (TSXV: VLC) (OTCQB: VLCJF) ("Velocity" or the "Company") 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 (the "Transaction"), as previously announced on October 1, 2024. Following in-person meetings in Ankara, Turkiye, Velocity has signed an amendment to the binding letter agreement (the "Amended Letter Agreement") which specifies Türker Global Madencilik...
2024-12-17 8:45 AM EST
Velocity Provides Transaction Update On Sale of Bulgarian Assets
Vancouver, British Columbia--(Newsfile Corp. - November 29, 2024) - Velocity Minerals Ltd. (TSXV: VLC) (OTCQB: VLCJF) ("Velocity" or the "Company") 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 (the "Transaction"), as previously announced on October 1, 2024.Türkerler İnşaat Turizm Madencilik Enerji Üretim Ticaret ve Sanayi A.Ş. ("Türkerler") has delivered confirmation to the Company that it has completed its legal, financial, technical and geological...
2024-11-29 7:30 AM EST
Velocity Agrees to Sell All Bulgarian Assets for USD $59.0 Million
Vancouver, British Columbia--(Newsfile Corp. - October 1, 2024) - Velocity Minerals Ltd. (TSXV: VLC) (OTCQB: VLCJF) ("Velocity" or the "Company") is pleased to announce that it has entered into a binding letter agreement (the "Letter Agreement") with Türkerler İnşaat Turizm Madencilik Enerji Üretim Ticaret ve Sanayi A.Ş. ("Türkerler"), a diversified company based in Ankara, Turkey, whereby Türkerler has agreed to purchase 100% of the Rozino gold project, together with certain licences, licence applications and associated tenures and rights (the "Rozino Project")...
2024-10-01 7:55 AM EDT
Velocity Enters into Option Agreement to Acquire 100% of Gold-Silver Exploration Property in Bulgaria
Vancouver, British Columbia--(Newsfile Corp. - September 16, 2024) - Velocity Minerals Ltd. (TSXV: VLC) ("Velocity" or the "Company") announces that it has entered into a binding letter agreement, through its wholly-owned subsidiary, with an arm's length third party (the "Vendor"), whereby the Vendor has granted the Company the exclusive option (the "Option") to acquire a 100% interest in the Toledo gold-silver property ("Toledo" or the "Property"), located in Western Bulgaria.Toledo Project HighlightsHistorical resource >500,000 ounces gold (see Table 1 below)...
2024-09-16 3:25 PM EDT
Velocity Publishes ESG Report for 2023
Vancouver, British Columbia--(Newsfile Corp. - July 11, 2024) - Velocity Minerals Ltd. (TSXV: VLC) ("Velocity" or the "Company") announces that it has published its fourth annual ESG Report (the "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 provides clarification on its advisory engagement with Leede Jones Gable Inc. (the "Advisor") and the recent amendment...
2024-07-11 8:30 AM EDT
Velocity Reports 2024 AGM Results
Vancouver, British Columbia--(Newsfile Corp. - June 19, 2024) - Velocity Minerals Ltd. (TSXV: VLC) ("Velocity" or the "Company") reports the results of its annual general meeting (the "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 Meeting results is outlined below.
2024-06-19 8:25 AM EDT
Velocity Provides Corporate and Exploration Update and Extends Advisory Engagement
Vancouver, British Columbia--(Newsfile Corp. - June 13, 2024) - Velocity Minerals Ltd. (TSXV: VLC) ("Velocity" or the "Company") provides a corporate and exploration update and extends its advisory engagement with Leede Jones Gable Inc. (the "Advisor") 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 SaleThe Company is considering various strategic alternatives including but...
2024-06-13 12:14 PM EDT
Velocity Minerals Amends Zlatusha Project Option Agreement with Raiden Resources
Vancouver, British Columbia--(Newsfile Corp. - May 9, 2024) - Velocity Minerals Ltd. (TSXV: VLC) (OTCQB: VLCJF) ("Velocity" or the "Company") announces that it has entered into an agreement (the "Amendment") to the letter agreement signed with Zelenrok EOOD ("Zelenrok"), a wholly-owned subsidiary of Raiden Resources Limited (collectively with Zelenrok, "Raiden"), whereby Velocity has been granted an exclusive option to acquire, in two stages, up to a 75% interest (the "Option") in and to the Zlatusha prospecting and exploration license ("Zlatusha...
2024-05-09 8:30 AM EDT
Velocity Minerals Provides Update for the Zlatusha Copper-Gold Project, Bulgaria
Vancouver, British Columbia--(Newsfile Corp. - February 12, 2024) - Velocity Minerals Ltd. (TSXV: VLC) (OTCQB: VLCJF) ("Velocity" or the "Company") provides an update on the ongoing exploration program at the Zlatusha copper-gold project ("Zlatusha" or the "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 target areas. 2023 Highlights and...
2024-02-12 8:45 AM EST
Velocity Receives Positive Drill Results from Iglika Copper-Gold Project, Southeast Bulgaria
Drill Highlights include: 4.0m at 0.47% copper and71m at 0.15% copper, including 4.7m at 0.26% copper,6.0m at 0.37% copper, and 24.5m at 0.21% copperTrench Highlights include: 7.8m grading 2.37 g/t gold,including 1.0m grading 12.3 g/t goldSecond Drill Rig Mobilized to ProjectVancouver, British Columbia--(Newsfile Corp. - January 23, 2024) - Velocity Minerals Ltd. (TSXV: VLC) (OTCQB: VLCJF) ("Velocity" or the "Company") announces receipt of drill results from the Iglika copper-gold property ("Iglika" or the "Property"), located in southeast Bulgaria. Exploration...
2024-01-23 8:30 AM EST
Velocity Provides Notice of Termination to Raiden Resources Regarding the Kalabak Option Agreement
Vancouver, British Columbia--(Newsfile Corp. - January 10, 2024) - Velocity Minerals Ltd. (TSXV: VLC) ("Velocity" or the "Company") announces that it has issued a 60-day Notice of Termination to Zelenrok EOOD (a wholly-owned subsidiary of Raiden Resources Limited (collectively with Zelenrok, "Raiden")), under a letter agreement dated August 8, 2023 between the Company and Raiden (the "Letter Agreement"). Pursuant to the Letter Agreement the Company was granted the right and option (the "Option") to acquire a 75% indirect interest...
2024-01-10 8:45 AM EST
Velocity Closes $1.49 Million Non-Brokered Private Placement
Vancouver, British Columbia--(Newsfile Corp. - December 21, 2023) - Velocity Minerals Ltd. (TSXV: VLC) ("Velocity" or the "Company") has closed its previously announced non-brokered private placement (the "Financing") by the issuance of 14,886,525 units of the Company (the "Units") 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 (each, a "Share") and one-half of one common share purchase warrant (each whole warrant, a...
2023-12-21 8:30 AM EST
Velocity Announces $1.5 Million Non-Brokered Private Placement
Vancouver, British Columbia--(Newsfile Corp. - December 8, 2023) - Velocity Minerals Ltd. (TSXV: VLC) ("Velocity" or the "Company") announces a non-brokered private placement (the "Financing") of up to 15,000,000 units of the Company (the "Units") priced at $0.10 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 (each, a "Share") and one-half of one common share purchase warrant (each whole warrant, a "Warrant"), with...
2023-12-08 8:45 AM EST
Velocity Reports Positive Exploration Results at Zlatusha Copper-Gold Property, Bulgaria
Vancouver, British Columbia--(Newsfile Corp. - November 22, 2023) - Velocity Minerals Ltd. (TSXV: VLC) (OTCQB: VLCJF) ("Velocity" or the "Company") provides an update on its ongoing exploration program at the Zlatusha exploration license ("Zlatusha" or the "Property"), located in Bulgaria. Velocity holds the Property under an option agreement, pursuant to which Velocity has an exclusive option to acquire up to a 75% interest in the Property (see previous news release January 24, 2023). Zlatusha is the Company's exploration...
2023-11-22 8:30 AM EST
Velocity Announces Commencement of Phase II Drilling at Iglika Property, Bulgaria
Vancouver, British Columbia--(Newsfile Corp. - November 14, 2023) - Velocity Minerals Ltd. (TSXV: VLC) (OTCQB: VLCJF) ("Velocity" or the "Company") announces that drilling has restarted at the Iglika copper-gold property ("Iglika" or the "Property"), located in southeast Bulgaria. The drill program is fully funded by Dundee Precious Metals Inc. ("DPM").Phase II Drilling HighlightsThe phase II drill program is planned at approximately 7,000m of drilling in 13 drill holes (Figure 1), with 2,500m planned to be completed by year end...
2023-11-14 8:32 AM EST