Velocity Files Revised Technical Report on SEDAR for Rozino Gold Project, Southeast Bulgaria
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NR-21-17 December 17, 2021
Velocity Files Revised Technical Report on SEDAR
for Rozino Gold Project, Southeast Bulgaria
Vancouver, British Columbia – Velocity Minerals Ltd. (TSXV: VLC) (“Velocity” or the “Company”) reports
that it has filed a revised National Instrument 43-101 Standards of Disclosure for Mineral Projects (“NI 43-
101”) technical report for the Rozino gold project, located in southeast Bulgaria.
The NI 43-101 technical report is entitled “Revised NI 43-101 Technical Report Pre-Feasibility Study for the
Rozino Gold Project, Bulgaria ” (the “Technical Report ”) and is dated December 15 , 2021 and dated
effective September 28, 2020. The Technical Report was prepared pursuant to NI 43-101 by CSA Global,
an international mining consultancy with experience in Bulgaria. The Technical Report is available on the
Company’s SEDAR profile at www.sedar.com and is available on the Company ’s website at
www.velocityminerals.com.
About Velocity Minerals Ltd.
Velocity is an exploration and development company focused on southeastern Bulgaria. Velocity’s
strategy is to develop a low cost centralized “Hub and Spoke” operation whereby multiple projects within
this emerging district produce concentrates for trucki ng to a central processing plant for production of
doré. Velocity has a 70% interest in the Tintyava property, which includes the Rozino project, a 70%
interest in the Momchil property, which includes the Obichnik project, a 70% interest in the Nadezhda
property, which includes the Makedontsi project, and a 100% interest in the Iglika property. Velocity’s
management and board includes mining industry professionals with combined experience spanning
Europe, Asia, and the Americas as employees of major minin g companies as well as founders and senior
executives of junior to mid-tier public companies. The team's experience includes all aspects of mineral
exploration, resource definition, feasibility, finance, mine construction and mine operation as well as a
track record in managing publicly listed companies.
On Behalf of the Board of Directors
"Keith Henderson"
President & CEO
For further information, please contact: Keith Henderson
Phone: +1-604-484-1233
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.
NR21-17 Continued December 17, 2021
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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 expectat ions will prove to be correct.
Forward-looking statements are typically identified by words such as: "believes", "expects", "anticipates", "intends",
"estimates", "plans", "may", "should", "would", "will", "potential", "scheduled" or variations of such wo rds and
phrases and similar expressions, which, by their nature, refer to future events or results that may, could, would,
might or will occur or be taken or achieved. Forward -looking statements involve known and unknown risks,
uncertainties and other fac tors 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, am ong 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, risks relating to epidem ics or
pandemics such as COVID–19, including the impact of COVID–19 on the Company’s business, 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 disc losed 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.
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