ValOre Metals Corp. today announced the granting of 6,660,000 incentive stock options to certain Directors, Officers, Employees and Consultants of the Company. The Options are exercisable at $0.45 per share for a period of three years from the date of grant with ? vesting upon grant and ? vesting every 3 months thereafter. The Options were granted pursuant to the Company's shareholder-approved stock option plan and are [...]
ValOre Metals Corp. today announced that the Company's common shares are now fully eligible for settlement through the Depository Trust Company , a subsidiary of the Depository Trust & Clearing Corp. which manages the electronic clearing and settlement of publicly-traded companies in the United States of America. ValOre's common shares trade in the United States on the OTCQB under the ticker symbol "KVLQF". The [...]
ValOre Metals Corp. today provided an exploration update for ValOre's 100%-owned Angilak Property Uranium Project , located in Nunavut Territory, Canada. "The potential for significant resource expansion and discovery at Angilak is exceptional, including 14 targets with high-grade U3O8 drill intercepts which span 60 kilometres of underexplored prospective geological trend," stated ValOre's Vice President Exploration [...]
ValOre Metals Corp. today reported diamond drilling assay results from the Santo Amaro target at ValOre's 100%-owned Pedra Branca Platinum Group Elements Project in northeastern Brazil. "2021 drilling at Santo Amaro was a great success, with significant shallow PGE intercepts returned in 16 of 20 holes," stated ValOre's VP of Exploration, Colin Smith. "The 127-metre PGE intercept in drill hole DD21SA27, situated 95 metres [...]
ValOre Metals Corp. today announced the closing of the previously announced "best efforts" brokered private placement for gross proceeds of C$11,000,000, which includes the proceeds from the full exercise of the Agent's option. Due to significant demand, the Offering was upsized from the original gross proceeds of C$7.0 million. Under the Offering, the Company sold 18,333,333 flow-through units of the Company to [...]
ValOre Metals Corp. today announced that it has entered into a definitive property option agreement with Azincourt Energy Corp. , an arms-length party, pursuant to which the Optionee has been granted the option to acquire up to a seventy-five percent interest in the Hatchet Lake Uranium Project . The Project consists of a series of six mineral claims located in the province of Saskatchewan. ValOre's Chairman & CEO Jim [...]
ValOre Metals Corp. today announced that based on significant investor demand, the Company has increased the size of the previously announced "best efforts" private placement from C$7,000,000 to up to C$9,000,000 from the sale of up to 15,000,000 flow-through units of the Company to be sold to charitable purchasers at a price of C$0.60 per Charity FT Unit . Each Charity FT Unit will consist of one common share of the [...]
ValOre Metals Corp. today announced the entering into an agreement with Red Cloud Securities Inc. to act as sole agent and bookrunner for the sale of up to 11,666,667 flow-through units of the Company to be sold to charitable purchasers at a price of C$0.60 per Charity FT Unit on a "best efforts" basis under a private placement for gross proceeds of up to C$7,000,000 . Each Charity FT Unit will consist of one common share [...]
ValOre Metals Corp. today provided an update on 2021 drilling from the Santo Amaro target at ValOre's 100%-owned Pedra Branca Platinum Group Elements Project in northeastern Brazil. "2021 drilling at Santo Amaro has greatly advanced the interpreted geological model for the resource-associated ultramafic package, allowing for more targeted resource expansion drilling and a higher level of confidence in future resource [...]
ValOre Metals Corp. today provided an update on metallurgy at ValOre's 100%-owned Pedra Branca Platinum Group Elements Project in northeastern Brazil. "We are very encouraged by confirmatory drill core assay results from the Esbarro and Curiu PGE deposits, which returned impressive, high-grade palladium-platinum through broad intercepts from surface," stated ValOre's VP of Exploration, Colin Smith. "In addition, we [...]
ValOre Metals Corp. today provided an update on resource expansion drilling at the Trapia 1 and Trapia 2 target areas , of ValOre's 100%-owned Pedra Branca Platinum Group Element Project in northeastern Brazil. "PGE assay results from ValOre's 2020 and 2021 Trapia drill programs illustrate the significant potential for resource expansion. We have now tripled the strike length of known PGE mineralization at Trapia 1 and [...]
ValOre Metals Corp. today announced assay results for two chromitite reef outcrop samples, 25 Trado? auger holes and five trenches from the Massap? target area at ValOre's 100%-owned Pedra Branca Platinum Group Elements Project in northeastern Brazil. The high-grade Massap? discovery is situated approximately four kilometres along trend to the north of the Trapia deposit area, which is included in ValOre's global 2019 NI [...]