Velocity Minerals Ltd
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Materials : Metals & Mining | Small Cap Growth
Based in Canada
Company profile

Velocity Minerals Ltd. is a Canada-based mineral exploration company. The Company is engaged in the business of acquiring, exploring, and evaluating mineral resource properties in Bulgaria. The Company has a 70% interest in the Tintyava property, which includes the Rozino gold project; a 70% interest in the Momchil property, which includes the Obichnik gold project, and a 100% interest in the Iglika property. The Company also has an option agreement to earn a 70% interest in the Makedontsi gold project. The Rozino project lies within the municipality of Ivaylovgrad in southeast Bulgaria, approximately 350 kilometers (km) by road east-southeast of the capital, Sofia, and 85 km by road from Gorubso's gold processing plant. The Obichnik project is located in southeast Bulgaria, approximately 25 km by road from Gorubso's gold processing plant. The Makedontsi deposit is located in southeast Bulgaria, approximately 10km by road from Gorubso Kardzhali A.D.’s gold processing plant.

Closing Price
$0.2541
Day's Change
0.00 (0.00%)
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Volume
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10-day average volume:
4,533
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Beam Global Added to the CALeVIP Incentive Program for Expanding EV Charging Infrastructure

8:30 am ET October 28, 2021 (Globe Newswire) Print

Beam Global, (Nasdaq: BEEM, BEEMW), the leading provider of innovative sustainable technology for electric vehicle (EV) charging, outdoor media and energy security, announced that Beam Global has been added to the California Electric Vehicle Infrastructure Project (CALeVIP) EV charging program. Funded by the California Energy Commission (CEC) and implemented by the Center for Sustainable Energy (CSE), CALeVIP provides incentives for EV charger infrastructure and works with local partners to develop and implement projects that meet current and future regional EV needs. The statewide efforts aim to provide a streamlined process to fill the significant gaps in charging availability.

The four Beam product offerings that have been added to the CALeVIP Eligible Equipment List are:

-- EV ARC(TM) 2020 with ChargePoint(TM) CT 4000 Series--single plug

-- EV ARC(TM) 2020 with ChargePoint(TM) CT 4000 Series--dual plug

-- EV ARC(TM) 2020 with Enel x JuiceBox Pro--single plug

-- EV ARC(TM) 2020 with Enel x JuiceBox Pro--dual plug

"EV ARC off-grid charging systems are unique and especially suited to the CALeVIP program's mission to streamline the process of expanding EV charging infrastructure. CALeVIP is a flagship program and serves as a model for other states in accelerating the national charging infrastructure buildout," said Desmond Wheatley, CEO of Beam Global. "Inclusion of the EV ARC in the CALeVIP program is further validation of our products and technology. We commend the CEC and CSE for accommodating this invented-in-California innovation of off-grid renewable charging, demonstrating forward-thinking as California continues to lead in the electrification of transportation. These sorts of incentives and contracts we have in place with the federal government and states like California make it easy for our customers to take advantage of our products and get the EV charging they need without the risks, hassles and costs of construction and electrical projects."

EV ARC(TM) systems are rapidly deployed, requiring no electrical work, no construction and no utility bill. Each EV ARC(TM) fits in a standard parking space and is equipped with the factory installed EV charging station(s) of the customer's choice, arriving at their site ready to charge vehicles. Off-grid and solar-powered, each EV ARC(TM) system generates and stores its own clean electricity and delivers that electricity to power EVs, day or night, and during inclement weather and power outages. The system can include an optional Emergency Power Panel for first responder use during blackouts or in locations where there is no utility connection available.

CALeVIP and its regional incentive projects are made possible through a grant by the California Energy Commission's Clean Transportation Program that supports innovations in transportation and fuel technologies. CALeVIP is currently funded for $149 million through Energy Commission funds. Co-Funding Partner contributions currently total $36,257,515. The CALeVIP program, implemented by the Center for Sustainable Energy, addresses regional needs for electric vehicle (EV) charging infrastructure throughout California, while supporting state goals to improve air quality, combat climate change and reduce petroleum use. For more program information visit https://calevip.org/.

About Beam Global

Beam Global is a CleanTech leader that produces innovative, sustainable technology for electric vehicle (EV) charging, outdoor media, and energy security, without the construction, disruption, risks and costs of grid-tied solutions. Products include the patented EV ARC(TM) and Solar Tree lines with BeamTrak(TM) patented solar tracking, and ARC Technology(TM) energy storage, along with EV charging, outdoor media and disaster preparedness packages.

The company develops, patents, designs, engineers and manufactures unique and advanced renewably energized products that save customers time and money, help the environment, empower communities and keep people moving. Based in San Diego, the company produces Made in America products. Beam Global is listed on Nasdaq under the symbols BEEM and BEEMW (formerly Envision Solar, EVSI, EVSIW). For more information visit BeamForAll.com, LinkedIn, YouTube and Twitter

Forward-Looking Statements

This Beam Global Press Release may contain forward-looking statements. All statements in this Press Release other than statements of historical facts are forward-looking statements. Forward-looking statements are generally accompanied by terms or phrases such as "estimate," "project," "predict," "believe," "expect," "anticipate," "target," "plan," "intend," "seek," "goal," "will," "should," "may," or other words and similar expressions that convey the uncertainty of future events or results.

Media Contact

Next PR

+1 813-526-1195

Press@BeamForAll.com

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