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Velox Energy Materials Inc CUIRF


Primary Symbol: V.VLX

Velox Energy Materials Inc. is a Canada-based energy materials company, which is engaged in developing and progressing high-value assets in resource and research- friendly jurisdictions. The Company is focused on energy materials solutions for the global transition to net zero. The Company is focused on the advanced North Queensland Vanadium (NQV) project in Queensland, Australia. Its NQV project covers 1,246 square kilometers (km2) in northwest Queensland, about 500 kilometers (km) southwest of Townsville. The NQV project is located in northwest Queensland, Australia, along the Flinders Highway between Julia Creek and Richmond. Its Kotai Hydrogen Project is focused on the commercialization of technology that can produce high-pressure hydrogen following transport as an inert powder. The Company’s Lake Pierre Project is located approximately 55 km east of the town of Havre St Pierre. The Company's subsidiaries include Currie Rose Vanadium Pty Ltd., and WA Hydrogen Pty Ltd.


TSXV:VLX - Post by User

Comment by woundedkneeon Dec 20, 2021 8:50am
43 Views
Post# 34246222

RE:RE:Anyone know

RE:RE:Anyone knowRespectfully, I think the pp has nothing to do with the shares for debt. It is stated the money raised will be used for exploration and general working capital. The one thing that does strike me strange though, is that the announcement was on dec.2nd and expected to close on the 6th. To me that's much quicker than normal, even for larger market cap companies.
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