Vancouver, British Columbia, January 7, 2025 – Velox Energy Materials Inc. (TSXV: VLX) (“Velox” or the “Company“) announces that, further to its news release dated December 16, 2024, the TSX Venture Exchange has approved the extension of 13,715,281 post-consolidation common share purchase warrants (the “Warrants“) to expire on June 30, 2025.
The Warrants were issued as part of the Company’s private placement that closed on October 14, 2022. Post-consolidation, the Warrants are exercisable at a price of $0.144.
All other terms of the Warrants will remain the same.
