Currie Rose Announces Name Change to Velox Energy Materials

Toronto, Ontario, October 16, 2023 – Currie Rose Resources Inc. (TSXV: CUI) (“Currie Rose” or the “Company”) today announces that effective October 18, 2023, the Company will change its name to Velox Energy Materials Inc. and will be trading on the Toronto Venture Exchange (“TSXV”) under the new symbol “VLX”.

The new name will better reflect the Company’s growth trajectory and business strategy in the energy materials industry, which includes the Company’s North Queensland Vanadium Project and the Kotai Hydrogen Project.

The new ISIN for the Company is CA92261D1024, and the new CUSIP is 92261D102. Shareholders will not be required to take any action in connection with the name change. Issued certificates representing Common Shares will not be affected by the name change and will not need to be exchanged.

About Currie Rose Resources (Velox Energy Materials)

Currie Rose (soon – Velox Energy Materials) is a publicly traded energy materials company developing and progressing high-value assets in resource and research-friendly jurisdictions. The Company’s priority focus is the advanced NQV Project in Queensland, Australia. The NQV Project hosts the Cambridge Deposit with an Indicated Mineral Resource of 61.33 Mt @ 0.34% V₂O₅ and 234.6 ppm MoO₃ along with an Inferred Mineral Resource of 144.87 Mt @ 0.33% V₂O₅ and 241.9 ppm MoO₃ (Dufresne et al., 2022). The Company is targeting shallow, high-grade mineralisation that can be developed using low-cost mining and processing options.

The Company additionally owns Kotai Energy and the option to acquire 100% of the intellectual property rights associated with the Solid-State Hydrogen Storage Project from Curtin University in Western Australia. Kotai is focused on the commercialisation of technology that can produce high-pressure hydrogen following transport as an inert powder.

Please visit our website at www.currierose.com for further information.

Investor Relations Contacts