Analyst Coverage
Beacon Securities Limited
Michael Curran
416-507-3950
Haywood Securities Inc.
Pierre Vaillancourt
416-507-2309
The above investment firms and equity analysts provide research reports on Velocity Minerals. Any opinions, estimates, forecasts or other analyses, including prior or future Velocity performance from any source is the opinion of the writer and is theirs alone and does not represent the opinions, estimates or forecasts of Velocity or its management. Velocity does not, by any reference above, imply any endorsement of, or concurrence with, such information, conclusions or recommendations. Velocity does not distribute research reports.
Share Structure
Share Structure - as of September 28, 2024
Issued and Outstanding
196,300,395
Warrants
12,043,262
Options
12,274,000
Finder's Warrants
879,200
Convertible Debentures
-
Fully Diluted
221,496,857
Issued & Outstanding
Fully Diluted
Two Significant Corporate Shareholders
Dundee Precious Metals (TSX: DPM)
- Mid-tier gold producer with two operating mines in Bulgaria
- Ada Tepe mine is located 40km by road from Velocity’s Rozino project
- Ada Tepe and Rozino share many geological and technical similarities
Artemis Gold Inc. (TSX.V: ARTG)
- Proven track record of success of ‘Hub & Spoke’ strategy
- Team founded and sold Atlantic Gold Corporation and its low cost ‘Hub & Spoke’ gold operation in Canada over $800 million in July 2019
- Atlantic recognized many of the key characteristics of its operations in Canada in Velocity’s Bulgarian properties
