Velox Energy Materials Inc. News Releases

Velox Energy Materials Inc. Announces Closing of Non-Brokered Private Placement Financing

Tue, 24 Mar 2026 20:10:00 -0400

Toronto, Ontario--(Newsfile Corp. - March 24, 2026) - Velox Energy Materials Inc. (TSXV: VLX) ("Velox" or the "Company") is pleased to announce that is has completed a non-brokered private placement financing (the "Private Placement") of 89,296,272 units of the Company (the "Units") at a price of $0.035 per Unit, for gross proceeds of up to $3,125,369.52.Each Unit consisting of one common share in the capital of the Company (each, a "Common Share") and one common share purchase warrant (a...

Velox Energy Materials Inc. Confirms Terms of Proposed Non-Brokered Private Placement Financing

Fri, 06 Mar 2026 07:20:00 -0500

Toronto, Ontario--(Newsfile Corp. - March 6, 2026) - Velox Energy Materials Inc. (TSXV: VLX) ("Velox" or the "Company") confirms the terms of its previously announced non-brokered private placement financing, originally announced on February 27, 2026. The Company proposes to complete a non-brokered private placement financing (the "Private Placement") of up to 89,296,272 units of the Company (the "Units") at a price of $0.035 per Unit, for gross proceeds of up to $3,125,369.52.Each Unit will...

Velox Energy Materials Inc. Announces Proposed Non-Brokered Private Placement Financing

Fri, 27 Feb 2026 17:25:00 -0500

Toronto, Ontario--(Newsfile Corp. - February 27, 2026) - Velox Energy Materials Inc. (TSXV: VLX) ("Velox" or the "Company") is pleased to announce that it proposes to complete a non-brokered private placement financing (the "Private Placement") of up to 89,296,272 units of the Company (the "Units") at a price of $0.035 per Unit, for gross proceeds of up to $3,125,369.52.Each Unit will consist of one common share in the capital of the Company (each, a "Common Share") and one common share purchase...

Velox's Exportable Solid State Hydrogen Project Advancing Toward Commercialisation

Thu, 27 Nov 2025 07:00:00 -0500

HighlightsThe Company's ARENA-funded Kotai Hydrogen Project has achieved its Milestone 2 objectives, validating the exportable solid state hydrogen technology at the lab scale, demonstrating both synthesis of sodium borohydride and hydrogen release at high-pressure. The successful completion of Milestone 2, triggers a $1 million funding payment from ARENA, providing ongoing support for the Project.The project is on-track to meet Milestone 3, which will scale up the technology before moving to...

Velox Energy Materials Inc. Announces Cancellation of Stock Options

Wed, 12 Nov 2025 17:01:00 -0500

Vancouver, British Columbia--(Newsfile Corp. - November 12, 2025) - Velox Energy Materials Inc. (TSXV: VLX) (the "Company") announces that its Board of Directors has approved the cancellation of an aggregate of 2,347,222 stock options previously granted to directors and employees of the Company.The cancellations were made in accordance with the Company's Long-Term Incentive Plan (the "Plan"), which permits the issuance of options representing up to 10% of the Company's issued and outstanding...

Appointment of Chief Financial Officer and Corporate Secretary

Thu, 03 Jul 2025 08:00:00 -0400

Vancouver, British Columbia--(Newsfile Corp. - July 3, 2025) - Velox Energy Materials Inc. (TSXV: VLX) ("Velox" or "the Company") announces that its Corporate Secretary and Chief Financial Officer, Silfia Morton, has resigned effective June 30, 2025. Additionally, John Chou, the Canadian Corporate Secretary, has also resigned as of June 30, 2025.The Company is pleased to announce the appointment of Kyle Nazareth as Chief Financial Officer ("CFO") and Sarah Morrison as Corporate Secretary,...

Velox to Extend Expiry Date and Amend Price of Warrants

Mon, 23 Jun 2025 19:00:00 -0400

Vancouver, British Columbia--(Newsfile Corp. - June 23, 2025) - Velox Energy Materials Inc. (TSXV: VLX) ("Velox" or the "Company") announces that it intends to amend the exercise price and extend the term of an aggregate of 13,715,281 post-consolidation common share purchase warrants (the "Warrants") issued as part of the Company's private placement that closed on October 14, 2022. The Warrants are exercisable at a price of $0.144 and currently expire on June 30, 2025.Subject to the approval of...

Velox Energy Materials Closes Private Placement of $1.5 Million

Wed, 06 Dec 2023 07:05:00 -0500

All amounts expressed are in Canadian dollars Toronto, Ontario--(Newsfile Corp. - December 6, 2023) - Velox Energy Materials Inc. (TSXV: VLX) ("Velox" or "the Company") 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 ("the Placement") with a subscription price of $0.05 per Unit. Each Unit consists of one Common Share and one Common Share...

Velox Energy Materials Closes Private Placement of $1.5 Million to Progress Development of Flagship North Queensland Vanadium Project

Thu, 30 Nov 2023 17:00:00 -0500

All amounts expressed are in Canadian dollars Toronto, Ontario--(Newsfile Corp. - November 30, 2023) - Velox Energy Materials Inc. (TSXV: VLX) ("Velox" or "the Company") 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 ("the Placement") with a subscription price of $0.05 per Unit. Each Unit consists of one Common Share and one Common Share Purchase Warrant ("Warrant"). Each Warrant entitles...

Velox Energy Materials Announces Appointment of Chief Financial Officer and Corporate Secretary

Thu, 30 Nov 2023 07:10:00 -0500

Toronto, Ontario--(Newsfile Corp. - November 30, 2023) - Velox Energy Materials Inc. (TSXV: VLX) ("Velox" or "the Company") 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...