Amends Artemis Investment Agreement Velocity Minerals Ltd. provides an update on the February 2025 share purchase and option agreement between Türker Global Madencilik Sanayi ve Ticaret A.Ş. and Velocity . Türker Transaction Update In connection with the Türker Transaction, Velocity received a first tranche payment . Future closing of the Türker Transaction will occur within 18 months from June 23, 2025, or earlier [...]
Velocity Minerals Ltd. reports the results of its annual general 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. Motion Votes for the Motion Percentage of [...]
Arranges Standby Letter of Credit in Favour of Gorubso Kardzhali A.D. Velocity Minerals Ltd. announces that, further to its previous news releases , and pursuant to a definitive share purchase and option agreement made as of February 24, 2025 with Türker Global Madencilik Sanayi Ve Ticaret A.Ş. whereby Velocity agreed to, inter alia, sell its 70% interest in the Rozino project, together with certain licences [...]
Velocity Minerals Ltd. 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 . The special resolution had to be approved by not less than two-thirds of the votes cast at the special meeting of shareholders held April 15, 2025 [...]
Velocity Minerals Ltd. 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 . Figure 1 [...]
Velocity Minerals Ltd. 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 with Türker Global Madencilik Sanayi Ve Ticaret A.Ş. , a subsidiary of Türkerler İnşaat Turizm Madencilik Enerji Üretim Ticaret ve Sanayi A.Ş. , a diversified company based in Ankara [...]
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 Türker Global Madencilik Sanayi ve Ticaret A.Ş. , as the purchaser [...]
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 that it has completed its legal, financial, technical and geological due [...]
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, licence applications and associated tenures and rights and the interest of [...]
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 Historical resource >500,000 ounces gold Historical exploration includes 27,500m [...]
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 provides clarification on its advisory engagement with Leede Jones Gable Inc. and [...]
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 Meeting results is outlined below. Motion Votes for the Motion Percentage of [...]