James R. Paterson, CEO and Director, acquired 10,966,667 Common Shares on a direct ownership basis at a price of $0.300 through a prospectus or prospectus exempt offering on February 17th, 2021. The insider also acquired 2,803,333 Warrants with an exercise price of $0.450 expiring February 17, 2023. This represents a $3,290,000 investment into the company's shares and an account share holdings change of 85.7%.
One other insider also reported participating in a smaller amount.
ValOre Metals is in the Precious Metals & Minerals Sub Industry Group under the Basic Materials Sector.
ValOre Metals Corp is a Canada-based company that is focused on the exploration and advancement of metals and mining projects. The Company's assets include Pedra Branca, Angilak, Baffin Gold, Genesis and Hatchet Lake. The Pedra Branca Project is a Platinum Group Metals (PGM) District located in northeastern Brazil that comprises approximately 38 exploration licenses covering a total area of 38,940 hectares (96,223 acres). Angilak Property is a uranium resource located outside of Saskatchewan and covers approximately 1,05,280 hectares. Baffin Gold Property is comprised of consolidated mineral tenure approximately 230 km southwest of the community of Clyde River on Baffin Island, in the Qikiqtani region of Nunavut. It holds a 50% interest in the 1,31,412 hectares Genesis Property located northeast of Saskatchewan's Athabasca Basin. ValOre holds the Hatchet Lake Uranium Property, which covers approximately 13,711 hectares (33,880 acres).
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