Welcome to our dedicated page for Velox Energy news (Ticker: CUIRF), a resource for investors and traders seeking the latest updates and insights on Velox Energy stock.
News related to Velox Energy Materials Inc. (historically linked to the symbol CUIRF) covers developments across vanadium, hydrogen storage technology, lithium exploration, and corporate actions. The company describes itself as an energy materials business with a priority focus on the North Queensland Vanadium Project in Queensland, Australia, supported by work on the Kotai Hydrogen Project and applications for lithium tenements in eastern Quebec.
Readers of this news feed can follow updates on the North Queensland Vanadium Project, where Velox reports ongoing technical work such as large-diameter core drilling, metallurgical testwork planning, and environmental baseline studies at the Cambridge Deposit. Company announcements provide detail on drilling programs, laboratory processing of core, and the engagement of environmental consultants for ecological and water studies.
The news stream also highlights progress in the Kotai Hydrogen Project, a collaboration with Curtin University's Hydrogen Storage Research Group funded by the Australian Renewable Energy Agency. Velox has reported milestone achievements that validate lab-scale synthesis of sodium borohydride and high-pressure hydrogen release, along with funding disbursements tied to these milestones and plans for scaling up to a pilot plant.
In addition, the company issues updates on its Lake Pierre Lithium Project in Quebec, including the application for tenements prospective for lithium mineralisation and its view that this complements its vanadium and hydrogen activities. Corporate and capital markets news includes private placements, warrant amendments, stock option cancellations, and changes in senior financial and governance roles. Investors and observers can use this page to review how Velox communicates its project milestones, financing activities, and strategic moves within the energy materials sector.
Velox Energy Materials (CUIRF) announced completion of Milestone 2 of the ARENA TRAC-funded Kotai Hydrogen Project, validating lab-scale electrochemical synthesis of sodium borohydride and hydrogen release at high pressure.
Key facts: Milestone 2 triggered an A$1,000,000 ARENA payment (part of a A$5 million TRAC grant); total project budget ~A$16.5 million. Technical results include 10 g NaBH4 synthesized, 10 g/hour hydrogen release, and hydrogen output up to 1,000 bar. Project advances to Milestone 3 focused on scale-up and a pilot plant to test exportable solid-state hydrogen supply chains.
Velox Energy Materials (CUIRF) announced on November 12, 2025 that its Board approved cancellation of 2,347,222 stock options previously granted to directors and employees under its Long-Term Incentive Plan (LTIP).
Following the cancellations, the company reports no stock options outstanding under the LTIP. The LTIP permits issuance of options up to 10% of issued and outstanding common shares, and the company said the full capacity remains available for future security-based awards subject to TSX Venture Exchange policies.
Velox Energy Materials Inc. (TSXV: VLX) has announced key changes to its executive team. The company's former CFO and Corporate Secretary, Silfia Morton, and Canadian Corporate Secretary, John Chou, have resigned effective June 30, 2025.
The company has appointed Kyle Nazareth as CFO and Sarah Morrison as Corporate Secretary, both effective July 1, 2025. Nazareth brings over a decade of experience in public company management and capital markets through his role at Branson Corporate Services. Morrison, founder of Uplisting Advisory Services Inc., contributes more than 20 years of experience in regulatory compliance and corporate governance across multiple exchanges.
Velox Energy Materials Inc. (TSXV: VLX) has announced plans to modify terms of 13,715,281 post-consolidation common share purchase warrants. The company intends to extend the warrants' expiration date from June 30, 2025 to October 14, 2027, and reduce the exercise price from $0.144 to $0.086. The warrants were originally issued as part of a private placement that closed on October 14, 2022.
The proposed amendments, which are subject to TSX Venture Exchange approval, also include the removal of the accelerated expiry clause. All other warrant terms will remain unchanged, and new warrant certificates will only be issued upon holder request.
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