Brief: Velocity Minerals - Entered Into Investment Agreement Dated Nov 13 With Dundee Precious Metals

Velocity Minerals

16/11/2020 12:19

Nov 16 (Reuters) - Dundee Precious Metals Inc  DPM.TO :
    * VELOCITY MINERALS - ENTERED INTO INVESTMENT AGREEMENT
DATED NOV
13 WITH DUNDEE PRECIOUS METALS
    * VELOCITY MINERALS LTD - DUNDEE PRECIOUS METALS WILL INVEST
UP TO
$7 MILLION TO ACQUIRE A 9.99% OWNERSHIP INTEREST IN CO ON A
NON-DILUTED BASIS
    * VELOCITY MINERALS LTD - DPM HAS AGREED TO PURCHASE UP TO
14
MILLION COMMON SHARES OF VELOCITY AT PRICE OF $0.50 PER OFFERED
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Source text for Eikon:  ID:nCNWR4yBDa 
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