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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
ValOre Metals Corp. today announced the completion the 2018 summer exploration program at ValOre’s 100% owned Baffin Gold Property in Nunavut Territory, Canada. The 2018 program included a 7,038 line-kilometre aeromagnetic survey and the collection of 431 till and 31 rock geochemical samples. The Baffin Gold Property covers one of the largest [...]
Kivalliq Energy today announced that on June 28, 2018, the Company’s name will be officially changed to ValOre Metals and that ValOre’s shares will trade on the Toronto Venture Exchange under the ticker symbol on the basis of ten pre-consolidation shares for one post consolidation share . See Kivalliq news release on June 13, 2018 for [...]
Kivalliq Energy today announced a proposed consolidation of the common shares of the Company on the basis of ten pre-consolidation shares for one post consolidation share. In conjunction with the Consolidation, the Company's name will be changed to ValOre Metals Corp. Currently, a total of 247,246,731 common shares are issued and outstanding. Upon [...]
Kivalliq Energy today announced, pursuant to an agreement signed on March 27, 2018, receipt of a CDN$600,000 payment from Sandstorm Gold in return for Kivalliq granting to Sandstorm up to a 1.75% net smelter returns royalty payable on all future mineral production from Kivalliq's Baffin Gold Property, located in Nunavut Territory, Canada. At any [...]
Kivalliq Energy Corp. today announced results from the 2017 summer exploration program at Kivalliq's 100% owned, Baffin Gold Property in Nunavut Territory, Canada. The Baffin Gold Property is one of the largest undeveloped greenstone-iron formation gold belts in Nunavut, totalling 408,981.6 ha and covering 160 km of the Foxe Fold Belt on central [...]