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The latest update is out from Currie Rose Resources ( (TSE:VLX) ).
Velox Energy Materials Inc. announced the cancellation of 2,347,222 stock options previously granted to its directors and employees, aligning with its Long-Term Incentive Plan. This move leaves the company with no outstanding stock options, allowing full capacity for future security-based awards, potentially impacting its financial strategy and stakeholder interests.
More about Currie Rose Resources
Velox Energy Materials is a publicly traded company focused on developing high-value energy materials assets in resource-friendly areas. The company’s primary focus is the advanced NQV Project in Queensland, Australia, which includes significant mineral resources. Additionally, Velox owns Kotai Energy and has an option to acquire intellectual property rights for a Solid-State Hydrogen Storage Project, aiming to commercialize technology for high-pressure hydrogen production.
Average Trading Volume: 98,887
Technical Sentiment Signal: Sell
Current Market Cap: C$2.65M
See more insights into VLX stock on TipRanks’ Stock Analysis page.