Velocity Announces New Director
Velocity Announces New Director
VANCOUVER, British Columbia, Dec. 15, 2022 -- Velocity Minerals Ltd. (TSX.V: VLC) (“ Velocity” or the “ Company”)
announces the appointment of Gerrie van der Westhuizen to its board of directors (the “ Board”), as the nominee of Artemis
Gold Inc. (“Artemis”) under the January 16, 2019 strategic investment agreement between the parties, replacing Chris Batalha.
Mr. Batalha has resigned as a director of Velocity effective December 15, 2022.
Gerrie van der Westhuizen
Gerrie van der Westhuizen is VP Finance and Assistant Corporate Secretary of Artemis and has been appointed CFO effective
January 1, 2023. Mr. Westhuizen has more than 20 years’ experience in the mining industry. During this time, Mr. Van der
Westhuizen held progressively senior positions in dual-listed resource companies operating in Africa and North America. He
has played a key role in those organizations’ debt and equity financings and M&A activities, while leading initiatives on
financial reporting, regulatory compliance, corporate governance, risk management, treasury management, tax planning, as
well as commercial negotiations. Prior to joining Artemis, Mr. Van der Westhuizen served as Vice President Finance for
Galiano Gold Inc., which constructed and operated the Asanko Gold Mine. Mr. Westhuizen is a Chartered Accountant and
began his career with PricewaterhouseCoopers where he was a manager in their mining group. He holds an Honours Bachelor
of Accountancy degree.
On Behalf of the Board of Directors
“Keith Henderson”
President & CEO
For further information, please contact:
Keith Henderson
Phone: +1-604-484-1233
E-mail: [email protected]
Web: www.velocityminerals.com
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture
Exchange) accepts responsibility for the adequacy or accuracy of this release.
CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING INFORMATION
This news release contains forward-looking statements and forward-looking information (collectively, “forward-looking
statements”) within the meaning of applicable Canadian and U.S. securities legislation. All statements, other than statements
of historical fact, included herein are forward-looking statements. Although the Company believes that such statements are
reasonable, it can give no assurance that such expectations will prove to be correct. Forward-looking statements involve
known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements
of the Company to differ materially from any future results, performance or achievements expressed or implied by the forward-
looking information. Such risks and other factors include, among others, statements as to the anticipated business plans and
timing of future activities of the Company, the ability of the Company to obtain sufficient financing to fund its business activities
and plans, delays in obtaining governmental and regulatory approvals (including of the TSX Venture Exchange), permits or
financing, changes in laws, regulations and policies affecting mining operations, currency fluctuations, title disputes or claims,
environmental issues and liabilities, financial condition and results of operations, changes in laws, regulations and policies
affecting mining operations, title disputes, the inability of the Company to obtain any necessary permits, consents, approvals
or authorizations, the timing and possible outcome of any pending litigation, environmental issues and liabilities, and risks
related to joint venture operations, and other risks and uncertainties disclosed in the Company’s continuous disclosure
documents. All of the Company’s Canadian public disclosure filings may be accessed via www.sedar.com and readers are
urged to review these materials.
Readers are cautioned not to place undue reliance on forward-looking statements. The Company does not undertake any
obligation to update any of the forward-looking statements in this news release or incorporated by reference herein, except as
otherwise required by law.