Velocity Minerals Ltd. announced the appointment of Ms. Dani Palahanova as Chief Financial Officer effective May 8. 2024. Ms. Palahanova replaces Mr. Darren Morgans who has stepped down as CFO to pursue other business ventures. Mr. Morgans will assist the Company through a transition period.

Velocity's Board of Directors extends their appreciation to Mr. Morgans for his contributions over the past five years and wishes him success in his future endeavors. Ms. Palahanova is a CPA, CGA with over 15 years of experience in managing corporate finance, financial reporting, governance, and regulatory compliance functions of publicly listed Canadian companies operating internationally. Ms. Palahanova has held positions as CFO, Controller and Corporate Secretary for various junior exploration and technology companies in Canada, and holds an Executive MBA degree from Simon Fraser University, Beedie School of Business.

She has been with the Company since 2019, previously serving as Director of Finance.