Velox Energy Materials Inc. is pleased to announce the drilling results from its Phase 1 diamond drill program at the Company's flagship Cambridge Vanadium deposit, its 100% owned North Queensland Vanadium Project located in Queensland, Australia . Highlights Assay results received are very encouraging, with the mineralized zone identified at shallow depths, uniform thicknesses throughout the drilled area and consistent [...]
Velox Energy Materials Inc. is pleased to announce that it has, pursuant to its Stock Option Plan granted options over 6 million new common shares in the Company , representing approximately 2.4 percent of the existing issued share capital of the Company, to certain Directors and employees to subscribe for new Common Shares at an exercise price of $0.05 with a life to expiry of 5 years from 12 January 2024 with an [...]
Velox Energy Materials Inc. provides an update on Board changes ahead of the Company's dual listing on Australian Securities Exchange , anticipated to occur during the March 2024 quarter. The Company is pleased to announce the appointment of experienced mining executive Mr Mark Connelly as Non-Executive Director of the Company. Mr Connelly will transition to Non-Executive Chair upon successful dual listing on ASX. Ms [...]
All amounts expressed are in Canadian dollars Velox Energy Materials Inc. is pleased to announce that, following the announcement last week, it has received all the sub-agreements to close a non-brokered private placement of 30,000,000 Units for gross proceeds of $1.5 million with a subscription price of $0.05 per Unit. Each Unit consists of one Common Share and one Common Share Purchase Warrant . Each Warrant entitles [...]
All amounts expressed are in Canadian dollars Velox Energy Materials Inc. is pleased to announce that it has received binding commitments for a non-brokered private placement of 30,000,000 Units for gross proceeds of $1.5 million with a subscription price of $0.05 per Unit. Each Unit consists of one Common Share and one Common Share Purchase Warrant . Each Warrant entitles the holder to purchase one Common Share of the [...]
Velox Energy Materials Inc. is pleased to announce the appointment of Ms. Silfia Morton as Chief Financial Officer and Ms. Sarah Wilson as Corporate Secretary of Velox Energy Materials Inc., effective December 1, 2023. Ms. Silfia Morton is a Chartered Accountant with a Master's degree in commerce, specializing in financial management, financial reporting and risk compliance and management. Ms. Morton has served as Chief [...]
Velox Energy Materials is pleased to announce that it has applied for a group of tenements in eastern Quebec that are prospective for lithium mineralisation. The tenement package, to be called "Lake Pierre" is surrounded by other lithium explorers including Brunswick Exploration and Globex Mining Enterprises. Highlights: 66 blocks covering ~36km2 have been pegged in eastern Quebec, in an area that is prospective for [...]
Currie Rose Resources Inc. today announces that effective October 18, 2023, the Company will change its name to Velox Energy Materials Inc. and will be trading on the Toronto Venture Exchange under the new symbol "VLX". The new name will better reflect the Company's growth trajectory and business strategy in the energy materials industry, which includes the Company's North Queensland Vanadium Project and the Kotai [...]
Currie Rose Resources Inc. is pleased to announce that the "infill" large diameter core drilling program at the Cambridge Vanadium Deposit1 has been completed successfully and also advises that the Company has engaged specialist environmental consultancy, Epic Environmental Pty Ltd , to commence environmental baseline assessments at the Company's 100%-owned North Queensland Vanadium Project located about 450 km west of [...]
Currie Rose Resources Inc. is pleased to announce that the Company has commenced core drilling at its 100%-owned North Queensland Vanadium Project located about 500 km west of Townsville, in the Julia Creek-Richmond critical mineral zone. The program is designed to provide large diameter core from within the defined Cambridge vanadium deposit that hosts the NI 43-101 compliant Indicated Resource of 61.33 Mt @ 0.34% V2O5 [...]
Currie Rose Resources announces that it has approved the grant of 5,000,000 common share purchase options to Mr. Simon Coyle, the recently appointed President & CEO of the Company, pursuant to the terms of the Company's shareholder approved share-based incentive plan. The options are exercisable at a price of $0.06 per common share for a period of five years and vest immediately. The options are subject to approval of the [...]
Currie Rose Resources is pleased to report further support from the Queensland Government as it relates to the newest funding announcements for the local critical minerals supply chains. In addition to the recent $5 billion investment into the CopperString 2032 Project which would incorporate the vanadium battery technology, the Government announced an additional $245 million in new funding commitments, including a $100 [...]