ValOre Metals Corp. and South Atlantic Gold Inc. , today announced that further to the February 17, 2025 joint news release, the companies have entered into an amalgamation agreement on March 26, 2025, pursuant to which ValOre will acquire all of the issued and outstanding common shares in the capital of South Atlantic and other securities of South Atlantic . Pursuant to the terms of the Agreement, South Atlantic and [...]
ValOre Metals Corp. and South Atlantic Gold Inc. , today announced that the companies entered into an arm's length binding letter agreement on February 14, 2025, whereby ValOre will acquire all of the issued and outstanding common shares in the capital of South Atlantic and other securities of South Atlantic . In accordance with the terms of the LOI, ValOre will acquire the South Atlantic Shares in consideration of the [...]
ValOre Metals Corp. today provided an update on developments concerning Hatchet Uranium Corp. , in which ValOre currently holds an approximate 51.5% partially diluted ownership interest. ValOre, further to its news releases dated November 4th, 2024, and February 5th, 2025, announces that closing has now occurred on the option agreement with Skyharbour Resources Ltd. , whereby Hatchet may acquire an 80% interest in [...]
ValOre Metals Corp. today provided an update on developments concerning Hatchet Uranium Corp. , in which ValOre currently holds an approximate 56.8% ownership interest. Hatchet entered into agreements with Skyharbour Resources Ltd. , , whereby Hatchet could acquire an 80% interest in Skyharbour's 9,339 hectare Highway Uranium Property and a 100% interest, subject to a "claw-back" provision for Skyharbour, in Skyharbour's [...]
ValOre Metals provided an update on developments concerning Hatchet Uranium, in which ValOre currently holds a 67.5% ownership interest. Hatchet Uranium Corp. has entered into agreements with Skyharbour Resources Ltd., whereby HUC may acquire an 80% interest in Skyharbour's 9,339 ha Highway Uranium Property and a 100% interest, subject to a "claw-back" provision for Skyharbour, in Skyharbour's Genie, Usam and CBX/Shoe [...]
ValOre Metals Corp. today provided assay results from Trado® auger and rock samples collected from the Boa Vista target at ValOre's 100%-owned Pedra Branca Platinum Group Elements Project in northeastern Brazil. "The PGE mineralization reported today from the Boa Vista target includes numerous high grade rock samples and the best Trado® hole, on a gram / metre basis, ever drilled on the Pedra Branca property," stated [...]
ValOre Metals Corp. today announced the closing of its upsized non-brokered private placement financing which was previously announced in the Company's press release dated September 19, 2024 and update regarding insider participation on September 25, 2024. ValOre issued 55,220,294 units at a price of $0.075 per Unit for gross proceeds of $4,141,522.05 . All monetary figures in Canadian Dollars. Each Unit consisted of one [...]
ValOre Metals Corp. announced that between September 19th and 24th, the CEO of the Company has sold an aggregate of 33,653,000 common shares of the Company from his personal holdings, for net aggregate proceeds of approximately $2,000,000. The CEO of the Company is expected to use the proceeds generated from the sale of these shares to subscribe for an aggregate of approximately 26,650,000 newly issued treasury securities [...]
ValOre Metals Corp. today announced a non-brokered private placement whereby the Company will issue up to 47,500,000 units at a price of CDN$0.075 per Unit for total gross proceeds of up to CDN$3,562,500 . Each Unit will consist of one common share in the capital of the Company and one non-transferable common share purchase warrant . Each Warrant will be exercisable to acquire one Share at a price of CDN$0.10 per Share [...]
ValOre Metals Corp. today announced a partnership with VRIFY which incorporates VRIFY's cutting-edge Artificial Intelligence mineral targeting platform. This partnership aims to both accelerate and enhance the mineral discovery process by taking an unbiased data-driven approach combined with traditional geoscience methods to quickly identify areas with the highest potential for mineralization. Work will commence [...]
ValOre Metals Corp. today announced that it has engaged the services of ICP Securities Inc. to provide automated market making services, including use of its proprietary algorithm, ICP Premium™, in compliance with the policies and guidelines of the TSX Venture Exchange and other applicable legislation. ICP will receive a fee of C$7,500 plus applicable taxes per month, payable monthly in advance. The agreement [...]
ValOre Metals provided an update on the ongoing exploration program for the Salvador target at ValOre's 100%-owned Pedra Branca Platinum Group Elements Project. "Our ongoing exploration program at the Salvador target has yielded encouraging results, with initial Trado® and rock assays, trenching and field mapping all confirming in-situ PGE mineralization and extending the prospective Salvador PGE trend to 2 km in strike [...]