TSX.V Announcement
veloxenergymaterials.com.au | 45 Ventnor Avenue, West Perth WA 6005
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TSX.V Announcement
2 July 2025
Appointment of Chief Financial O2icer and
Corporate Secretary
Velox Energy Materials Inc. (TSX-V: VLX) ("Velox" or "the Company") announces that its Corporate
Secretary and Chief Financial O<icer, Silfia Morton, has resigned e<ective June 30, 2025. Additionally,
John Chou, the Canadian Corporate Secretary, has also resigned as of June 30, 2025.
The Company is pleased to announce the appointment of Kyle Nazareth as Chief Financial O<icer
("CFO") and Sarah Morrison as Corporate Secretary, e<ective July 1, 2025.
Mr. Kyle Nazareth brings over a decade of experience in managing public companies, advising on
capital market transactions, and providing financial stewardship. As the Chief Financial O<icer of
Toronto-based Branson Corporate Services he provides, on a fractional basis, s trategic financial
consulting, and financial compliance services at a high quality and cost-e<ectively. Mr. Nazareth brings
a proven track record of success in providing extensive finance and capital markets expertise to his
clients.
Ms. Sarah Morrison is the founder of Uplisting Advisory Services Inc., a Canadian firm focused on
regulatory compliance, corporate governance, and cross-border market access. With more than two
decades of experience, Ms. Morrison has served as a trusted advisor and Corporat e Secretary to
companies listed on the TSXV, CSE, NASDAQ, and OTC Markets. She is known for her hands -on
approach, board support, and transaction execution across sectors including mining, energy, and
technology.
Approved by the Board of Velox Energy Materials Inc.
Nicole Morcombe
Director
Email: [email protected]
About Velox Energy Materials
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 a
CIM compliant Indicated Mineral Resource of 61.33 Mt @ 0.34% V2O5 and 234.6 ppm MoO3 along with
an Inferred Mineral Resource of 144.87 Mt @ 0.33% V2O5 (cut-off grade of 0.25% V2O5) and 241.9 ppm
MoO3 (Dufresne et al., 2022). The Company is targeting shallow, high-grade mineralization 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.
veloxenergymaterials.com.au | 45 Ventnor Avenue, West Perth WA 6005
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Forward Looking Statements
Neither the 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.
This release includes certain statements and information that may constitute forward -looking
information within the meaning of applicable Canadian securities laws. Forward-looking statements
relate to future events or future performance and reflect the expectations or beliefs of management of
the Company regarding future events. 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”. This information and these statements, referred to herein as "forward -looking
statements", are not historical facts, are made as of the date of this news release and include without
limitation, statements regarding discussions of future plans, estimates and forecasts and statements
as to management's expectations and intentions with respect to, among other things, the proposed
amendments to the terms of the Warrants.
These forward-looking statements involve numerous risks and uncertainties and actual results might
differ materially from results suggested in any forward -looking statements. These risks and
uncertainties include, among other things, market uncertainty and the risk that the Exchange will not
approve the amendments to the terms of the Warrants.
In making the forward looking statements in this news release, the Company has applied several
material assumptions, including without limitation, that the Company will receive approval from the
Exchange to amend the terms of the Warrants.
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. We seek safe harbor.