Vancouver, British Columbia, December 12, 2024 –Velox Energy Materials Inc. (TSXV: VLX) (“Velox” or the “Company”) is pleased to announce, the QIC Critical Minerals and Battery Technology Fund (QCMBTF), a fund managed and administered by QIC Limited (“QIC”), has agreed to extend the long stop date of the subscription agreement until 31 March 2025.
To support Velox’s dual listing on the Australian Securities Exchange (ASX), QCMBTF has agreed to extend the long stop date of the executed subscription agreement with Velox to the end of the first quarter in 2025. The previous date for satisfaction of conditions precedent was 31 December 2024.