From GlobeNewswire: 2025-02-18 13:22:50

ValOre Metals Corp. and South Atlantic Gold Inc. have entered into an agreement for ValOre to acquire all of the issued and outstanding common shares of South Atlantic in exchange for 38,500,000 ValOre shares, valued at approximately CAD$2.7M. This transaction is expected to be completed in the second quarter of 2025. The combination of the two projects is expected to unlock significant value for shareholders. The acquisition will be subject to shareholder approval, court and regulatory approvals, and other customary closing conditions. Following completion, South Atlantic will no longer be listed on any public market.



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