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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

Post by Goldy63on Jan 25, 2022 11:49am
115 Views
Post# 34358291

Troll. Stop Lying.

Troll. Stop Lying. Currie is pleased to announce that, subject to final approval of the TSX Venture Exchange, it has closed the first tranche of a non-brokered private placement (the "Offering"), issuing 10,900,000 units for total gross proceeds of $545,000. Each unit consists of one Common Share of the Company and one common share purchase warrant (each, a "Warrant"). Each Warrant will entitle the holder to purchase one Common Share of the Company at a price of C$0.10 for a period of 24 months following the closing date of the Offering. Each Warrant is subject to an acceleration clause under certain conditions. The securities issued under the first closing of this Offering, are subject a hold period expiring four months and one day from the date of issue.
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