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velocity minerals ltd (VLC) Snapshot

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velocity minerals ltd (VLC) Details

Velocity Minerals Ltd. acquires, explores, and develops mineral properties in Canada and the United States. The company primarily explores for gold and molybdenum deposits. It holds 100% interests in the Mt. Haskin and Cassiar Moly properties, which are located in the Cassiar District of Liard Mining Division in northwestern British Columbia, Canada; and certain mineral claims staked in the Orogrande Mining Division in Idaho, the United States. The company was formerly known as Benem Ventures Inc. and changed its name to Velocity Minerals Ltd. in May 2008. Velocity Minerals Ltd. was incorporated in 2000 and is headquartered in Vancouver, Canada.

Founded in 2000

velocity minerals ltd (VLC) Top Compensated Officers

Chief Executive Officer, President and Direct...
Total Annual Compensation: C$57.5K
Chief Financial Officer, Secretary, Director,...
Total Annual Compensation: C$42.5K
Compensation as of Fiscal Year 2013.

velocity minerals ltd (VLC) Key Developments

Velocity Minerals Ltd. Announces Board Changes

Velocity Minerals Ltd. announced that Mr. Kenneth Holmes has resigned as a director and Chairman of the Company, and Joseph Martin has been appointed as a director to fill that vacancy.

Velocity Minerals Ltd. Auditor Raises 'Going Concern' Doubt

Velocity Minerals Ltd. filed its Annual on Sep 18, 2014 for the period ending Jun 30, 2014. In this report its auditor, Davidson & Company, gave an unqualified opinion expressing doubt that the company can continue as a going concern.

Velocity Minerals Ltd., Annual General Meeting, Jun 11, 2014

Velocity Minerals Ltd., Annual General Meeting, Jun 11, 2014., at 11:00 Pacific Standard Time. Location: Suite 1200 - 570 Granville St. Suite 1200. Agenda: To set the number of directors of the company for the ensuing year at five; to elect directors of the company for the ensuing year; to appoint Davidson & Company LLP, Chartered Accountants, as auditors of the company for the ensuing year and authorize the directors of the company to determine the remuneration to be paid to the auditors; to ratify, approve and confirm by ordinary resolution the Company's Stock Option Plan, as more particularly described in the management information circular; and to transact such other business as may properly come before the Meeting or any adjournment thereof.


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