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.
Velox Energy Materials Inc. reports developments tied to its energy materials portfolio, corporate financings, and public-company governance. Company updates center on Kotai Energy and the option to acquire intellectual property rights associated with the Solid-State Hydrogen Storage Project from Curtin University in Western Australia, including sodium borohydride technology intended to produce high-pressure hydrogen after transport as an inert powder.
Recurring announcements also cover private placements structured with common shares and warrants, warrant amendments, deferred share units and stock option activity under the long-term incentive plan, management and corporate secretary changes, and project references involving energy materials opportunities such as vanadium and lithium assets.
Velox Energy Materials announced a grant of 4,000,000 deferred share units (DSUs) to director Vincent Algar, effective May 7, 2026. Each DSU represents a right to one common share and will vest under the Company's Long Term Incentive Plan, a rolling 10% security-based compensation plan.
DSUs will be settled in common shares when the holder ceases to be an eligible participant or on an earlier board-determined vesting date. The grant remains subject to acceptance by the TSX Venture Exchange.
Velox Energy Materials (symbol CUIRF) confirms terms of a non-brokered private placement to issue up to 89,296,272 Units at $0.035 per Unit for gross proceeds up to $3,125,369.52. Each Unit includes one common share and one warrant exercisable at $0.05 for 24 months.
Net proceeds will fund due diligence on resource opportunities, corporate costs, and general working capital, with approximately $500,000 allocated to strategic opportunity evaluation. Finder's fees of 6% cash and 6% finder's warrants may apply. A director may subscribe for up to 5,700,000 Units.
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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