Velox Energy Materials Inc. Announces Proposed Non-Brokered Private Placement Financing

Toronto, Ontario--(Newsfile Corp. - February 27, 2026) - Velox Energy Materials Inc. (TSXV: VLX) ("Velox" or the "Company") is pleased to announce that it proposes to complete a non-brokered private placement financing (the "Private Placement") of up to 89,296,272 units of the Company (the "Units") at a price of $0.035 per Unit, for gross proceeds of up to $3,125,369.52.Each Unit will consist of one common share in the capital of the Company (each, a "Common Share") and one common share purchase warrant (a ...