Effective at the market open on Monday, March 20, 2017, trading in Velocity Minerals Ltd.'s shares will resume.
This resumption of trading does not constitute acceptance of the company's previously announced transaction between the company and 1077076 B.C. Ltd., as described in the company's news release dated Feb. 6, 2017, and should not be construed as an assurance of the merits of the proposed transaction or the likelihood of completion.
Completion of the proposed transaction is subject to a number of conditions, including, but not limited to, TSX Venture Exchange acceptance. There is a risk that the proposed transaction will not be accepted or that the terms of the proposed transaction may change substantially prior to acceptance. Should this occur, a trading halt may be reimposed.
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