Velocity Provides Additional 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.
December 17, 2024 | 2:00 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 initially announced in October 2024.
The sale of the Rozino gold project and other Bulgarian assets for $59 million is a significant transaction for Velocity Minerals. This influx of cash could positively impact the company's financial position and potentially lead to a rise in stock price.
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