Velocity Minerals Ltd. announces appointment of Edward (Kwon Youb) Yoon to board of directors

About this update from Velocity Minerals Ltd.

[{"type":"text","content":"\n\n\n\nTrading Symbol: VLC: TSX\n\n\nVANCOUVER, May 23 /CNW/ - Velocity Minerals Ltd. is pleased to announce\nthe appointment of Mr. Edward (Kwoon Youb) Yoon to the board of directors and\nas Vice President of Business Development. Mr. Yoon brings with him a decade\nand a half of business experience involving mergers and acquisitions, but most\nimportantly extensive experience importing and exporting metal resources,\nincluding molybdenum. In addition to having a Bachelor's degree in\nMetallurgucal Engineering and an MBA in Marketing, Mr. Yoon is also\nundertaking doctorate work in Venture Technology Management.\n\n\n"We are very pleased to have Mr. Yoon join us" stated Mr. Kenneth R.\nHolmes, Chairman of Velocity Minerals Ltd. "He brings considerable energy and\ninsight to everything he undertakes and our company will benefit greatly from\nhis corporate experience and knowledge of international metal trading. Mr.\nYoon has already demonstrated his commitment to the Company by contributing\nsignificantly to its recent financing."\n\n\nMr. Yoon responded by saying, "Korea is very much in need of commodities\nsuch as molybdenum and most Korean import companies that source molybdenum\nfrom China are having an increasingly difficult time doing so. Moly is\nbecoming expensive and more difficult to obtain. I am pleased to be part of a\nwell-financed company that has the ability to secure this and other\ncommodities while they are still in the ground."\n\n\nVelocity Minerals Ltd. is a company dedicated to the acquisition and\ndevelopment of advanced or high-grade molybdenum mineral properties. Velocity\npresently owns the mineral rights to two molybdenum projects in northern\nBritish Columbia (Mt. Haskin and Cassiar Moly) and is actively pursuing other\nproperties in North America and internationally.\n\n\nThe TSX has neither approved nor disapproved of the information contained\n\n\nherein.\n\n\n","length":2000,"tagName":"div"}]

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