VLC.V - Velocity Minerals Ltd.

TSXV - TSXV Delayed Price. Currency in CAD
0.2100
+0.0250 (+13.51%)
At close: 1:53PM EST
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Previous Close0.1850
Open0.2250
Bid0.21 x 0
Ask0.22 x 0
Day's Range0.2100 - 0.2400
52 Week Range0.1300 - 0.2450
Volume319,047
Avg. Volume38,699
Market Cap15.726M
Beta (3Y Monthly)-0.57
PE Ratio (TTM)N/A
EPS (TTM)-0.01
Earnings DateN/A
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target EstN/A
  • GlobeNewswire16 hours ago

    Velocity Announces C$9M Strategic Investment by Atlantic Gold

    Velocity Minerals Ltd. (VLC.V) (“Velocity” or the “Company”) is pleased to announce that it has entered into an investment agreement, dated January 16, 2019 (the “Agreement”) with mid-tier producer Atlantic Gold Corporation (AGB.V) (“Atlantic Gold”) for a C$9.0 million strategic investment (the “Strategic Investment”). In connection with the Strategic Investment, Atlantic Gold has agreed to purchase 18,600,000 units of Velocity in a private placement at a price of C$0.21 per unit for total gross proceeds of approximately C$3.9 million (the “Equity Placement”). In addition, Velocity has agreed to issue and sell to Atlantic Gold approximately C$5.1 million principal amount of secured convertible debentures of Velocity (the “Convertible Placement”).

  • Atlantic announces strategic investment in Velocity Minerals Ltd.
    CNW Group16 hours ago

    Atlantic announces strategic investment in Velocity Minerals Ltd.

    VANCOUVER , Jan. 17, 2019 /CNW/ - Atlantic Gold Corporation (AGB.V) ("Atlantic" or the "Company") is pleased to announce that Atlantic has entered into an agreement (the "Agreement") to invest $9,000,000 by way of a non-brokered private placement financing (the "Financing") as a strategic investment in Velocity Minerals Ltd. (VLC.V) ("Velocity"). With this investment Atlantic will hold 39.2% on a partially diluted basis in Velocity and looks forward to working closely with Velocity management to further advance Velocity's Rozino project through feasibility study and ultimately, construction and commissioning.

  • GlobeNewswire10 days ago

    Velocity Receives Positive Near-Surface Drill Results and Expands Mineralized Envelope at Rozino, Bulgaria

    Velocity Minerals Ltd. (VLC.V) (“Velocity” or the “Company”) announces that it has received positive drill results from the Rozino gold project (“Rozino”), located in Bulgaria.  Highlights include 29.7m from surface grading 1.17g/t gold.  Mineralization remains open.

  • GlobeNewswirelast month

    Velocity Soil Sampling Identifies Three New Targets for Ongoing Resource Expansion Drilling at Rozino Gold Project, Bulgaria

    “Soil sampling results have defined three new high priority drill targets located adjacent to the pits outlined in the Rozino Preliminary Economic Assessment.  Prior to this work, the entire sampled area was only drill tested by a single vertical drill hole completed by the Bulgarian state during the 1980’s,” stated Keith Henderson, Velocity’s President & CEO. A detailed soil sampling program (25 x 25m offset grid) extended previous detailed sampling (50 x 20m grid) over an historical regional soil anomaly (200 x 200m). The new soil sampling grid covers an area previously mapped as the basement margin adjacent to the Rozino deposit.

  • GlobeNewswire2 months ago

    Velocity Begins Drilling at Rozino Project, Bulgaria

    “While the Rozino PEA returned a positive after-tax IRR of 33% and an NPV5% of $129 million, the project has strong growth potential as the mineralization remains open for expansion,” stated Keith Henderson, Velocity’s President & CEO.

  • GlobeNewswire2 months ago

    Velocity Announces Positive Trench Results and Extension to Mineralization at Rozino Project, Bulgaria

    Velocity Minerals Ltd. (VLC.V) (“Velocity” or the “Company”) announces that it has received positive results from trench sampling, extending known near surface mineralization at the Rozino gold project (“Rozino” or the “Project”), located in the Tintyava Property, Bulgaria (Table 1, Figure 1).  Geological mapping completed in conjunction with trench sampling resulted in the discovery of altered subcrop (Plate 1, results pending).

  • GlobeNewswire2 months ago

    Velocity Exercises Option to Acquire 70% Interest at the Rozino Gold Project, Tintyava Property, Bulgaria

    VANCOUVER, British Columbia, Nov. 05, 2018 -- Velocity Minerals Ltd. (TSXV: VLC) (“Velocity” or the “Company”) announces that it has delivered notice of option exercise (the.

  • GlobeNewswire3 months ago

    Velocity Files PEA Technical Report on SEDAR for the Rozino Gold Project, Tintyava Property, Bulgaria

    VANCOUVER, British Columbia, Oct. 29, 2018 -- Velocity Minerals Ltd. (TSXV: VLC) (“Velocity” or the “Company”) announces that it has filed on SEDAR an independent Preliminary.