Velocity Provides Transaction Update On Sale of Bulgarian Assets
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Velocity Minerals Ltd. has provided an update on the sale of its Rozino gold project and other Bulgarian assets for $59 million. This transaction was initially announced on October 1, 2024.

November 29, 2024 | 12:45 pm
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Velocity Minerals Ltd. is progressing with the sale of its Rozino gold project and other Bulgarian assets for $59 million, as previously announced.
The sale of the Rozino gold project and other Bulgarian assets for $59 million is a significant transaction for Velocity Minerals Ltd. This could positively impact the company's stock price in the short term as it strengthens its cash position and potentially refocuses its business strategy.
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