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File: Velocity NR - Adjournment of AGM (Dec 19 2012).docx

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December 19, 2012
                                   Trading Symbol:  VLC.H: NEX
 
 
 
 
 VELOCITY MINERALS LTD. - ADJOURNMENT OF ANNUAL AND SPECIAL GENERAL MEETING

Velocity Minerals Ltd. (the "Company") announces that the 2012 Annual and Special General Meeting of its shareholders 
--->scheduled for, and convened on, December 18, 2012, has been adjourned to Thursday, January 10, 2013 at 3:00 p.m. (PST)
--->, to be held at Suite 2800, 666 Burrard Street, Vancouver, British Columbia.  

The Company's proxy materials are filed on www.sedar.com and were mailed to the shareholders on or about November 20, 
--->2012.  Proxies previously submitted in respect of the original meeting shall be voted at the adjourned meeting in resp
--->ect of the matters adjourned, unless revoked.  The record date of November 12, 2012 for shareholders entitled to vote 
--->at the meeting remains the same.    

On behalf of the Board of Directors,
Kenneth R. Holmes, Chairman

Contact: 
Jeremy Yaseniuk
Investor Relations
Velocity Minerals Ltd.
Telephone:       (604) 689-7411 
Toll Free:         (866) 920-0567 
www.velocityminerals.com

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX 
--->Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Forward-Looking Information 
This release includes certain statements that may be deemed "forward-looking statements". All statements in this relea
--->se, other than statements of historical facts, that address events or developments that the Company expects to occur, 
--->are forward-looking statements. Forward-looking statements are statements that are not historical facts and are genera
--->lly, but not always, identified by the words "expects", "plans", "anticipates", "believes", "intends", "estimates", "p
--->rojects", "potential" and similar expressions, or by words indicating that events or conditions "will", "would", "may"
--->, "could" or "should" occur.  Although the Company believes the expectations expressed in such forward-looking stateme
--->nts are based on reasonable assumptions, such statements are not guarantees of future performance and actual results m
--->ay differ materially from those in the forward-looking statements.  Forward-looking statements are based on the belief
--->s, estimates and opinions of the Company's management on the date the statements are made.  Except as required by appl
--->icable securities laws, the Company undertakes no obligation to update these forward-looking statements in the event t
--->hat management's beliefs, estimates or opinions, or other factors, should change.