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Off-market insider buying at ValOre Metals (V:VO)

Updated Thursday Sep 01, 2022 02:10 AM EDT

James R. Paterson, CEO and Director, acquired 6,717,500 Common Shares on a direct ownership basis at a price of $0.400 through a prospectus or prospectus exempt offering on August 30th, 2022. The insider also acquired 208,750 Warrants with an exercise price of $0.600 for 24 months. This represents a $2,687,000 investment into the company's shares and an account share holdings change of 36.9%.

Two other insiders also reported participating in smaller amounts.

ValOre Metals is in the Non-Gold Precious Metals & Minerals Sub Industry Group under the Basic Materials Sector.

ValOre Metals Corp. is a Canada-based exploration company, which is focused on the acquisition, exploration and development of resource properties. The Company's assets include Pedra, Branca, Angilak, Baffin Gold, Genesis, and Hatchet Lake. The Pedra Branca Project covers a platinum group elements (PGE) district located in northeastern Brazil, which covers a total area of 39,987 hectares (98,810 acres) that comprise 39 exploration licenses. The Angilak Property is located approximately 225 kilometers (km) southwest of the community of Baker Lake in the Kivalliq region of southern Nunavut Territory. The Baffin Gold Property totals approximately 352,760.89 hectares and covers over 130 km of the Foxe Fold Belt on central Baffin Island. The Genesis Property is located northeast of Saskatchewan's Athabasca Basin. The Hatchet Lake Property consists of six mineral dispositions totaling 13,711 hectares, located adjacent to the north-easter margin of the Athabasca Basin in Saskatchewan.

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Go to ValOre Metals Corp. (VO)'s company page

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