Off-market insider net buying at Velocity Minerals (VLC)

Off-market insider net buying at Velocity Minerals (V:VLC)

Robert Charles Kopple, a 10% Holder, acquired 4,971,824 Common Shares on an indirect ownership basis for registered holder KF Business Ventures, LP at a price of $0.200 through a private transaction on May 2nd, 2018. The insider also acquired 2,485,912 Warrants with an exercise price of $0.300 for 12 months. This represents a $994,365 net investment into the company's shares and an account share holdings change of greater than 100%.

Velocity Minerals is in the Integrated Mining Sub Industry Group under the Basic Materials Sector.

Velocity Minerals Ltd. is a development-stage company. The Company is engaged in the acquisition and development of exploration and evaluation assets. The Company is in the process of exploring and developing its exploration and evaluation assets. The Company owns interests in certain mineral claims known as the Mt. Haskin and Cassiar Moly properties, both located in the Cassiar District of the Liard Mining Division in northwestern British Columbia, Canada. Its Mt. Haskin property is a molybdenite prospect. The Company has not generated any revenues. The Company's subsidiary is Velocity Exploration Ltd.