ValOre Metals Corp.

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 [...]

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 undeveloped greenstone-iron formation gold belts in Nunavut, totalling [...]

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 more details on ValOre’s new corporate structure [...]

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 Consolidation, a total of approximately 24,724,673 common shares will be [...]

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 time up and until 36 months after signing the agreement, Kivalliq may reduce [...]

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 Baffin Island. These results are the first step toward understanding and [...]

Kivalliq Energy and Roughrider Exploration today announced the completion of a 1,943 line-kilometre helicopter-borne electromagnetic survey at the Hatchet Lake Property and Genesis Property uranium projects in northeastern Saskatchewan. Geotech Ltd. of Aurora, Ontario was contracted to fly the survey using their ZTEMTM system, with in3D Geoscience Inc. providing independent QA/QC during data acquisition. The ZTEMTM survey [...]