ValOre Metals Corp. today announced receipt of grab sample assay results from the newly-defined “C04” exploration target, as well as high-quality 3D magnetic inversion models for all five National Instrument 43-101 deposit areas at the Pedra Branca project located in Brazil. Key Point Summary: Exploration targeting methodology successfully implemented; Database-wide review of recently reprocessed magnetic [...]
ValOre Metals Corp. today provided an update on exploration activities related to the Pedra Branca Project located in Brazil. The Pedra Branca Project is a Platinum Group Metals District located in northeastern Brazil covering a total area of 38,940 hectares that includes 38 exploration licenses. The independent NI 43-101 resource estimate is comprised of 5 distinct deposit areas which host, in aggregate, an inferred [...]
ValOre Metals Corp. today announces the closing of the previously announced transaction whereby ValOre acquired the Pedra Branca Project in northeastern Brazil from Jangada Mines PLC . The Pedra Branca Project is a Platinum Group Metals District covering a total area of 38,940 hectares that comprises 38 exploration licenses. Pursuant to a share purchase agreement among Jangada Mines PLC , Valore and PBBM Holdings Ltd., a [...]
ValOre Metals Corp. today announced the closing of the first tranche of the previously announced private placement see ValOre news releases, dated June 6, 2019 and July 16, 2019). Pursuant to this financing, ValOre has issued 7,087,000 Units at a price of $0.25 per Unit for gross proceeds of $1,771,750. Each Unit consists of one ValOre common share and one-half of one common share purchase warrant . Each Warrant will be [...]
ValOre Metals Corp. has today filed a technical report for the Pedra Branca Project located in Brazil. The Technical Report, entitled “Pedra Branca Project May 2019 Resource Estimate Technical Report. Pedra Branca Project, Ceara State, Brazil” has been prepared in accordance with National Instrument 43-101- Standards of Disclosure for Mineral Projects and can be found at www.sedar.com. Pedra Branca Platinum [...]
ValOre Metals Corp. today provided an update on the previously announced transaction whereby ValOre has agreed to acquire the Pedra Branca Project in northeastern Brazil from Jangada Mines PLC . The Pedra Branca Project is a Platinum Group Metals District covering a total area of 38,940 hectares that comprises 38 exploration licenses. ValOre has entered into a definitive share purchase agreement with Jangada Mines PLC and [...]
ValOre Metals Corp. today provided an update on the previously announced transaction whereby ValOre has agreed to acquire the Pedra Branca Project in Brazil from Jangada Mines PLC . ValOre plans an equity financing for gross proceeds of not less than C$3,000,000 to fund transaction costs of the Acquisition, exploration expenditures on the Pedra Branca project and for general working capital. The terms of the Financing are [...]
ValOre Metals Corp. today announced it has entered into an arm’s length, binding agreement , effective as of May 24, 2019, with Jangada Mines PLC to purchase all of Jangada's Pedra Branca project through the purchase of 100% of Jangada’s shareholdings in the Brazilian holding company Pedra Branca Brasil Mineracao Ltda . Pedra Branca Platinum Group Metals Ltd. District The Pedra Branca Project is a [...]
ValOre Metals Corp. today announced the successful completion of the previously announced rights offering which expired on January 8, 2019, raising a total aggregate proceeds of $2,450,000. Upon closing, the Company issued a total of 24,500,000 common shares of the Company under the Offering at a price of $0.10 per Common Share. 3,508,237 Common Shares were issued under the basic subscription privilege and zero Common [...]
ValOre Metals Corporation today announced results from the 2018 summer exploration program at the 100% owned Baffin Gold Property in Nunavut Territory, Canada. The Baffin Gold Property has one of the largest undeveloped greenstone-iron formation gold belts in Nunavut, totalling 405,083 ha and covering 160 km of the Foxe Fold Belt on central Baffin Island. Sampling results from the Company’s 2018 season have [...]
ValOre Metals Corp. today announced that it will conduct an offering of rights to acquire common shares of the Company for gross proceeds of C$2.45 million. Rights Offering Pursuant to the rights offering circular and the notice of rights offering for the Rights Offering, each eligible registered shareholder of the Company resident in Canada holding Shares as at the close of business on December 10, 2018 will receive [...]
ValOre Metals Corp. announces that it intends to proceed with a rights offering . The full amount of the Rights Offering is expected to be C$2.45 million, and a standby guarantee, to be provided by Mr. James Paterson , the Chief Executive Officer, a director and a shareholder of the Company, will ensure that a minimum of $880,000 is raised under the Rights Offering. In order to ensure that ValOre can meet its short-term [...]
+400,00 %
-25,00 %
