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Velocity Enters into Option Agreement to Acquire up to 75% Interest in the Zlatusha Copper-Gold Property in Bulgaria

Retrieved on: 
Tuesday, January 24, 2023

The Option consists of a first option to acquire up to a 51% interest (the “First Option”) and a second option (the “Second Option”) to acquire an additional 24% (aggregate 75%) interest in and to the Property.

Key Points: 
  • The Option consists of a first option to acquire up to a 51% interest (the “First Option”) and a second option (the “Second Option”) to acquire an additional 24% (aggregate 75%) interest in and to the Property.
  • “Acquisition of the Zlatusha prospecting license has been a high priority for Velocity in recent months,” stated Keith Henderson, Velocity’s CEO.
  • Velocity’s due diligence identified several magmatic-hydrothermal centers with outcropping copper-gold mineralization hosted in rocks of favourable upper Cretaceous age and composition.
  • No modern systematic exploration has been carried out and the Company considers the Property prospective for discovery of additional deposits.

Peace is Still Possible in a War-torn World

Retrieved on: 
Thursday, March 31, 2022

In 2022 alone, two of our flights have facilitated peace conferences and reconciliation training for local leaders.

Key Points: 
  • In 2022 alone, two of our flights have facilitated peace conferences and reconciliation training for local leaders.
  • It can be hard to find the good news buried amongst the weariness of the last two years, and the rubble of a new, horrifying world conflict.
  • There is hope left, and there are people working tirelessly to make this possible.
  • Peace Canal envisions a new era of inter-communal relations in South Sudan where communities are taking responsibility for the local level frameworks to create a lasting peace.

Borr Drilling Limited - Announcement of Letter of Award for jack-up drilling rig

Retrieved on: 
Thursday, July 22, 2021

HAMILTON, Bermuda, July 22, 2021 /PRNewswire/ -- Borr Drilling Limited ("Borr Drilling") (NYSE: BORR) (OSE: BORR) is pleased to announce that it has received a Letter of Award from an international oil company for additional work in Mexico.

Key Points: 
  • HAMILTON, Bermuda, July 22, 2021 /PRNewswire/ -- Borr Drilling Limited ("Borr Drilling") (NYSE: BORR) (OSE: BORR) is pleased to announce that it has received a Letter of Award from an international oil company for additional work in Mexico.
  • The program is expected to commence in the second quarter of 2022 for a duration of approximately 150 days, adding revenues of USD 15.7 million.
  • These forward-looking statements are made only as of the date of this release.
  • We do not undertake to update or revise the forward-looking statements, whetheras a result ofnew information, future events or otherwise.