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Velox Energy Materials Inc.
CUIRFBasic MaterialsOTCCA
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Toronto, Ontario--(Newsfile Corp. - May 7, 2026) - Velox Energy Materials Inc. (TSXV: VLX) (the "Company" or "Velox") announces that, effective today, it has granted an aggregate of 4,000,000 deferred share units ("DSUs") to Vincent Algar, a director of the Company, pursuant to the Company's long-term incentive plan (the "Plan"). Each DSU represents a right to receive one common share of the Company, subject to the terms and conditions of the Company's existing Long Term Incentive Plan (the "Plan").
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 "Warrant").
