Off-market insider buying at Velocity Minerals (VLC)

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

Updated Wednesday Nov 25, 2020 04:51 AM EDT
Artemis Gold Inc., a 10% Holder, acquired 4,000,000 Common Shares on a direct ownership basis at a price of $0.500 through a private transaction on November 24th, 2020. This represents a $2,000,000 investment into the company's shares and an account share holdings change of 15.7%.

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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