10% holders buying at Velocity Minerals (VLC)

10% holders buying at Velocity Minerals (V:VLC)

Updated Thursday Feb 13, 2020 03:11 AM EDT
Artemis Gold Inc., a 10% Holder, acquired 5,166,887 Common Shares at a price of $0.40 and 2,583,443 Warrants exercisable at $0.55 for a period of 18 months on a direct ownership basis through a private transaction on February 12th, 2020. This represents a $2,066,755 investment into the company's shares and an account share holdings change of 27.1%.

Under the same terms, Robert Charles Kopple, a 10% Holder, acquired 4,440,800 Common Shares and 2,220,400 Warrants on an indirect ownership basis for registered holder KF Business Ventures, LP through a private transaction on February 12th, 2020. This represents a $1,776,320 investment into the company's shares and an account share holdings change of 38.0%.

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

Velocity Minerals Ltd. is a Canada-based gold exploration and development company focused on Bulgaria. The Company focuses on the open pit mining of satellite deposits and processing in a central operating carbon-in-leach (CIL) plant. The Company's exploration assets include Exploration and Mining Alliance-Bulgaria, CIL Processing Plant-Bulgaria, and Tintyava Property and Rozino Gold Project-Bulgaria. The Company's Rozino project is a gold deposit, which is located in the Tintyava property. Kibela Minerals AD is the Company's subsidiary.


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