Velocity Minerals (TSE:VLC) has released an update.
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Velocity Minerals Ltd. has revised its option agreement with Raiden Resources to gain a 75% interest in the Zlatusha prospecting and exploration license, which includes applying for a two-year extension and resuming obligations contingent on regulatory approval and social license. The amendment stipulates no additional exploration costs or payments until these conditions are met, outlining a phased investment and exploration plan.
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