Velocity Minerals Ltd - Mining Stock Analysis & Updates

Velocity Shareholders Approve Sale of Bulgarian Assets

Velocity Acquires Copper-Gold Exploration Property in Northern Greece

Velocity Minerals Ltd. has secured an exploration license for the Miriofito property in northern Greece, focusing on copper-gold-silver mineralization. The company has conducted geological mapping and sampling, targeting carbonate replacement and porphyry mineralization.

Velocity Enters into Definitive Agreement to Sell All Bulgarian Assets

Velocity Minerals Ltd. has signed a definitive share purchase and option agreement with Türker Mining to sell its 70% interest in the Rozino project for $55 million, with plans for shareholder approval and economic benefits for southeast Bulgaria.

Velocity Provides Additional Transaction Update On Sale of Bulgarian Assets

Velocity Minerals Ltd. has updated the sale of the Rozino gold project and Bulgarian assets for $59 million, extending the exclusivity period for Türker Mining to January 17, 2025, and increasing the initial deposit to $16.5 million, with associated fees.

Velocity Provides Transaction Update On Sale of Bulgarian Assets

Velocity Minerals updates on USD $59M sale of Rozino gold project, proceeding with transaction details.