The latest update is out from Currie Rose Resources ( (TSE:VLX) ).
Velox Energy Materials Inc., a company involved in critical minerals and battery technology, is facing challenges with its proposed dual listing on the Australian Stock Exchange due to the early-stage status of its Kotai Hydrogen project. The company is working on divesting this asset to proceed with the listing and maintain shareholder value. Despite the setback, Velox continues to focus on its North Queensland Vanadium project and is actively seeking strategic opportunities to enhance its asset portfolio. The company has also announced management and board changes, with Simon Coyle stepping down as CEO and President, and Nicole Morcombe taking over as Interim CEO without compensation until strategic goals are met. Vincent Algar has been appointed as an independent director, bringing extensive mining and corporate strategy experience to the board.
More about Currie Rose Resources
YTD Price Performance: -7.14%
Average Trading Volume: 15,845
Technical Sentiment Consensus Rating: Buy
Current Market Cap: C$5.74M
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