Currie Rose Announces Name Change to Velox Energy Materials Velox Energy Materials Inc. will commence trading on the Toronto Venture Exchange under the symbol "VLX"
Currie Rose Announces Name Change to Velox
Energy Materials
Velox Energy Materials Inc. will commence trading on the
Toronto Venture Exchange under the symbol "VLX"
Toronto, Ontario--(Newsfile Corp. - October 16, 2023) -
Currie Rose Resources Inc.
(TSXV: CUI)
("
Currie Rose
" or the "
Company
") today announces that effective October 18, 2023, the Company will
change its name to Velox Energy Materials Inc. and will be trading on the Toronto Venture Exchange
("TSXV") under the new symbol "VLX".
The new name will better reflect the Company's growth trajectory and business strategy in the energy
materials industry, which includes the Company's North Queensland Vanadium Project and the Kotai
Hydrogen Project.
Velox Energy Materials - New Brand
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The new ISIN for the Company is CA92261D1024, and the new CUSIP is 92261D102. Shareholders will
not be required to take any action in connection with the name change. Issued certificates representing
Common Shares will not be affected by the name change and will not need to be exchanged.
About Currie Rose Resources (Velox Energy Materials)
Currie Rose (soon - Velox Energy Materials) is a publicly traded energy materials company developing
and progressing high-value assets in resource and research-friendly jurisdictions. The Company's
priority focus is the advanced NQV Project in Queensland, Australia. The NQV Project hosts the
Cambridge Deposit with an Indicated Mineral Resource of 61.33 Mt @ 0.34% V
2
O
5
and 234.6 ppm
MoO
3
along with an Inferred Mineral Resource of 144.87 Mt @ 0.33% V
2
O
5
and 241.9 ppm MoO
3
(Dufresne et al., 2022). The Company is targeting shallow, high-grade mineralisation that can be
developed using low-cost mining and processing options.
The Company additionally owns Kotai Energy and the option to acquire 100% of the intellectual property
rights associated with the Solid-State Hydrogen Storage Project from Curtin University in Western
Australia. Kotai is focused on the commercialisation of technology that can produce high-pressure
hydrogen following transport as an inert powder.
Please visit our website at
www.currierose.com
for further information.
Investor Relations Contacts:
Iryna Zheliasko, Investor Relations - Canada
Office: (+1) 647-249-9298
Email:
Andrew Rowell, Investor Relations - Australia
M: +61 400 466 226
Email:
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the
policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this
release.
Cautionary Note Regarding Forward-Looking Information
This release includes certain statements and information that may constitute forward-looking
information within the meaning of applicable Canadian securities laws. All statements in this news
release, other than statements of historical facts, including statements regarding future estimates,
plans, objectives, timing, assumptions or expectations of future performance, including without
limitation, statements regarding the Company's plans regarding the NQV Project. Generally, forward-
looking statements and information can be identified by the use of forward-looking terminology such
as "intends" or "anticipates", or variations of such words and phrases or statements that certain
actions, events or results "may", "could", "should", "would" or "occur". Forward-looking statements are
based on certain material assumptions and analysis made by the Company and the opinions and
estimates of management as of the date of this press release, including that the Company will receive
the required corporate and regulatory approvals, including TSXV's final approval, that that general
business and economic conditions will not change in a material adverse manner and assumptions
regarding political and regulatory stability in financial and capital markets.
These forward-looking statements are subject to known and unknown risks, uncertainties and other
factors that may cause the actual results, level of activity, performance or achievements of the
Company to be materially different from those expressed or implied by such forward-looking
statements or forward-looking information. Important factors that may cause actual results to vary,
include, without limitation, that the Company will not be able to proceed with the NQV Project as
intended, or that the Company does not receive the required regulatory approvals, including the
TSXV's final approval, recent market volatility and potentially negative capital raising conditions, the
conflict in Eastern Europe, the Company's ability to raise the necessary capital or to be fully able to
implement its business strategies and other risks and factors that the Company is unaware of at this
time. Although management of the Company has attempted to identify important factors that could
cause actual results to differ materially from those contained in forward-looking statements or forward-
looking information, there may be other factors that cause results not to be as anticipated, estimated
or intended.
There can be no assurance that such statements will prove to be accurate, as actual results and future
events could differ materially from those anticipated in such statements. Accordingly, readers should
not place undue reliance on forward-looking statements and forward-looking information. Readers are
cautioned that reliance on such information may not be appropriate for other purposes. The Company
does not undertake to update any forward-looking statement, forward-looking information or financial
out-look that are incorporated by reference herein, except in accordance with applicable securities
laws.
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