Toronto, Ontario, August 30, 2024 – Velox Energy Materials Inc. (TSXV: VLX) (“Velox” or the “Company”) notes a recent social media post concerning potential collaboration on the Kotai Hydrogen Project with the EU-funded South Marmara Hydrogen Project in Turkey.
The Kotai Hydrogen Project (“Kotai” or “the Project”) is a collaboration project with experts from Curtin University, Perth. Velox holds an option over 100% of the IP of the project. The research project is investigating the feasibility of using Sodium Borohydride (NaBH4) as a safe ‘carrier’ of hydrogen that can be deployed on demand.