Oct 2 (Reuters) - Velocity Minerals Ltd VLC.V :
* VELOCITY ANNOUNCES $1.0M NON-BROKERED PRIVATE PLACEMENT
* VELOCITY MINERALS LTD - NON-BROKERED PRIVATE PLACEMENT OF UP TO 6.7 MILLION UNITS PRICED AT $0.15 PER UNIT
* VELOCITY MINERALS LTD - PROCEEDS OF FINANCING ARE INTENDED TO FUND ONGOING WORK AT COMPANY'S ROZINO GOLD PROJECT IN BULGARIA