Brief: Velocity Exercises Option To Acquire 70% Interest At The Makedontsi Project, Bulgaria
16/11/2021 14:43
Nov 16 (Reuters) - Velocity Minerals Ltd VLC.V :
* VELOCITY EXERCISES OPTION TO ACQUIRE 70% INTEREST AT THE
MAKEDONTSI PROJECT, BULGARIA
* VELOCITY MINERALS LTD - WILL SOLE-FUND 2,000M OF FUTURE
DRILLING, DELIVER MINERAL RESOURCE ESTIMATE
* VELOCITY MINERALS LTD - AFTER DELIVERY OF EXERCISE NOTICE,
CO TO
EARN 70% INTEREST IN PROPERTY, TO BE IN JV WITH GORUBSO FOR
PROPERTY DEVELOPMENT
Source text for Eikon: ID:nGNX2K0GQ0
Further company coverage: VLC.V
((Reuters.Briefs@thomsonreuters.com;))
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