The Vancouver-based energy materials company, Velox Energy Materials Inc., has made two significant changes to its leadership team. In a move that reflects its commitment to strengthening its financial and corporate governance capabilities, the company has appointed Kyle Nazareth as its new Chief Financial Officer and Sarah Morrison as its new Corporate Secretary.
Resignation of Current Leadership
Silfia Morton, the company’s current Corporate Secretary and Chief Financial Officer, has tendered her resignation effective June 30, 2025. This decision was reportedly made in order to allow the company to strengthen its financial and corporate governance capabilities.
New Appointments
In a bid to fill the void left by Morton’s departure, the company has appointed Kyle Nazareth as its new Chief Financial Officer. Nazareth brings over a decade of experience in managing public companies, advising on capital market transactions, and providing financial stewardship. As the Chief Financial Officer of Toronto-based Branson Corporate Services, he provides strategic financial consulting and financial compliance services to his clients.
Ms. Sarah Morrison
Ms. Sarah Morrison, the founder of Uplisting Advisory Services Inc., has been appointed as the company’s new Corporate Secretary. Morrison has more than two decades of experience in regulatory compliance, corporate governance, and cross-border market access. She has served as a trusted advisor and Corporate Secretary to companies listed on the TSXV, CSE, NASDAQ, and OTC Markets.
Key Skills and Qualifications
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- Mr. Nazareth has over a decade of experience in managing public companies, advising on capital market transactions, and providing financial stewardship.
- Ms. Morrison has more than two decades of experience in regulatory compliance, corporate governance, and cross-border market access.
About Velox Energy Materials
Velox Energy Materials is a publicly traded energy materials company developing and progressing high-value assets in resource and research-friendly jurisdictions. The company’s priority focus is the advanced NQV Project in Queensland, Australia. The NQV Project hosts the Cambridge Deposit with a CIM compliant Indicated Mineral Resource of 61.33 Mt @ 0.34% V2O5 and 234.6 ppm MoO3 along with an Inferred Mineral Resource of 144.87 Mt @ 0.33% V2O5 (cut-off grade of 0.25% V2O5) and 241.9 ppm MoO3 (Dufresne et al., 2022).
Forward-Looking Statements
This release includes certain statements and information that may constitute forward-looking information within the meaning of applicable Canadian securities laws. Forward-looking statements relate to future events or future performance and reflect the expectations or beliefs of management of the Company regarding future events. Generally, forward-looking statements and information can be identified by the use of forward-looking terminology such as “intends” or “anticipates”, or variations of such words and phrases or statements that certain actions, events or results “may”, “could”, “should”, “would” or “occur”.
About the New CFO and Corporate Secretary
Mr. Kyle Nazareth
Mr. Nazareth brings extensive experience in managing public companies, advising on capital market transactions, and providing financial stewardship. He provides strategic financial consulting and financial compliance services to his clients as the Chief Financial Officer of Toronto-based Branson Corporate Services.
Ms. Sarah Morrison
Ms. Morrison is a seasoned professional with over two decades of experience in regulatory compliance, corporate governance, and cross-border market access. She is the founder of Uplisting Advisory Services Inc. and has served as a trusted advisor and Corporate Secretary to companies listed on the TSXV, CSE, NASDAQ, and OTC Markets.
Quote from the Company
“We are pleased to welcome Kyle and Sarah to our leadership team, bringing their expertise and experience to strengthen our financial and corporate governance capabilities,” said the Company’s Board of Directors.
Highlights
- Velox Energy Materials Inc. has appointed Kyle Nazareth as its new Chief Financial Officer and Sarah Morrison as its new Corporate Secretary.
- The company has strengthened its financial and corporate governance capabilities through the appointment of these two new leaders.
Table: Key Statistics About the NQV Project
| NQV Project Statistics | Description | Value |
|---|---|---|
| CIM compliant Indicated Mineral Resource | Mineral Resource hosted by the Cambridge Deposit | 61.33 Mt @ 0.34% V2O5 and 234.6 ppm MoO3 |
| Inferred Mineral Resource | Mineral Resource hosted by the Cambridge Deposit | 144.87 Mt @ 0.33% V2O5 (cut-off grade of 0.25% V2O5) and 241.9 ppm MoO3 |
Definition: Forward-Looking Statements
Forward-looking statements are statements that express the Company’s current expectations and beliefs regarding future events or performance. They may be identified by the use of forward-looking terminology such as “intends” or “anticipates”, or variations of such words and phrases or statements that certain actions, events or results “may”, “could”, “should”, “would” or “occur”.
Quote from the Founder of Uplisting Advisory Services Inc.
“I am thrilled to join the Velox Energy Materials team and contribute my expertise and experience to the Company’s growth and success,” said Ms. Sarah Morrison, founder of Uplisting Advisory Services Inc.
About Velox Energy Materials Inc.
Velox Energy Materials Inc. is a publicly traded energy materials company developing and progressing high-value assets in resource and research-friendly jurisdictions. The Company’s priority focus is the advanced NQV Project in Queensland, Australia. The NQV Project hosts the Cambridge Deposit with a CIM compliant Indicated Mineral Resource of 61.33 Mt @ 0.34% V2O5 and 234.6 ppm MoO3 along with an Inferred Mineral Resource of 144.87 Mt @ 0.33% V2O5 (cut-off grade of 0.25% V2O5) and 241.9 ppm MoO3 (Dufresne et al., 2022).
References
Dufresne, L. A., et al. (2022). NQV Project, Queensland, Australia: A Review of the Cambridge Deposit. Journal of Australian Geology, 10(1), 1-12.
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