Velox Energy Materials Inc. is pleased to announce its project partner, the Hydrogen Storage Research Group at Curtin University has executed a binding funding agreement with the Australian Renewable Energy Agency on 15 March 2024 for grant funding of A$5,000,000 under the Transformative Research Accelerating Commercialisation Program for the Kotai Hydrogen Project . Highlights A$5 million awarded under a competitive [...]
Velox Energy Materials Inc. is pleased to provide an update on the Lake Pierre Lithium Project in Quebec. Highlights - Independent desktop study of all historic data covering the Lake Pierre Lithium Project completed. The report concludes: - Multiple pegmatites identified at surface and within historic drill data. - At least three generations of massive pegmatites have been identified. - The geological conditions are [...]
Velox Energy Materials Inc. is pleased to share its latest Investor Presentation. Please visit our website at www.veloxenergymaterials.com.au for further information. Approved by the President & CEO of Velox Energy Materials Inc. Simon Coyle President & CEO +1 416-214-7577 Investor Relations Contact Andrew Rowell Investor Relations - Australia M: +61 400 466 226 Email: andrew@whitenoisecomms.com About Velox Energy [...]
Velox Energy Materials Inc. is pleased to announce the commencement of a major metallurgical testwork program on vanadium samples from the Cambridge Vanadium deposit in Queensland. Highlights Appointment of leading process engineers, BHM Process Consultants, to oversee the metallurgical program across the Cambridge deposit. Representative core samples from the recent diamond drilling program selected to assess different [...]
TORONTO, ON / ACCESSWIRE / February 16 , 2024 / Velox Energy Materials Inc. advises that it's Corporate Secretary, Sarah Wilson, has resigned effective from 16 February 2024. The Company is pleased to announce the appointment of Ms Silfia Morton and Ms Karien Slabbert as the new Joint Corporate Secretaries of Velox Energy Materials Inc. Ms Wilson is thanked for her contribution to the Company during her time as Corporate [...]
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 [...]