---
title: "Velox Energy Materials Inc. Confirms Terms of Proposed Non-Brokered Private Placement Financing | CUIRF Stock News"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/278096977.md"
description: "Velox Energy Materials Inc. has confirmed the terms of its non-brokered private placement financing, proposing to issue up to 89,296,272 units at $0.035 each, raising up to $3,125,369.52. Each unit includes a common share and a warrant exercisable at $0.05 for 24 months. Proceeds will fund resource evaluations and general working capital, with $500,000 allocated for strategic opportunities. A director plans to participate in the placement, constituting a related party transaction. The offering is subject to regulatory approvals and a four-month hold period on securities issued."
datetime: "2026-03-06T12:25:53.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/278096977.md)
  - [en](https://longbridge.com/en/news/278096977.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/278096977.md)
---

# Velox Energy Materials Inc. Confirms Terms of Proposed Non-Brokered Private Placement Financing | CUIRF Stock News

Velox Energy Materials Inc. Confirms Terms of Proposed Non-Brokered Private Placement Financing | CUIRF Stock News

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