Velox Energy Materials Inc. announced the appointment of experienced mining executive Mr. Mark Connelly as Non-Executive Director of the Company. Mr. Connelly will transition to Non-Executive Chair upon successful dual listing on ASX. Ms Caroline Keats, who has served as a Non-Executive Director of the Company since 11 April 2023, resigned effective 1 January 2024 due to competing priorities.

Mr. Connelly has extensive experience and involvement in exploration, development and mining projects, including the merger of Papillon Resources with B2 Gold Corp. and the merger of Adamus Resources with Endeavour Mining. He is currently Non-Executive Chairman at Calidus Resources Limited (appointed January 2018), Omnia Metals Group Limited (appointed May 2021), Alto Metals Limited (appointed October 2022), Warriedar Resources Limited (Appointed November 2022), NickelSearch Limited (appointed April 2023) and BeMetals Corporation (appointed July 2020) and a Non-Executive Director at Renegade Exploration Limited (appointed February 2022).

Mr. Connelly is a member of the Australian Institute of Company Directors, a member of the Australian Institute of Management and a member of the Society of Mining, Metallurgy and Exploration.