Vancouver, British Columbia--(Newsfile Corp. - March 29, 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 10,000,000 units of the Company (the "Units") 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 (each, a "Share") and one-half of one common share purchase ...
Vancouver, British Columbia--(Newsfile Corp. - March 10, 2023) - Velocity Minerals Ltd. (TSXV: VLC) ("Velocity" or the "Company") announces a non-brokered private placement (the "Financing") of up to 10,000,000 units of the Company (the "Units") 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 (each, a "Share") and one-half of one common share purchase warrant ...
Large, underexplored property with seven known copper-gold occurrences and 10,000m of historical drilling Plate 1. Outcropping QSP-altered andesitic volcanic rock sampled by Velocity, grading 1.55 g/t gold and 130ppm copper (left), and altered andesite fragmental & andesite porphyry with disseminated chalcopyrite (right). Figure 2. Map showing the Property in detail, together with the many mineral occurrences within it and nearby. The Breznik gold deposit located south of Zlatusha is fully permi