Valorem Announces Resignation of Director and CEO
Valorem Announces Resignation of Director and CEO
Vancouver, British Columbia - (January 8, 2021) – VALOREM RESOURCES INC. (the
“Company”) (CSE: VALU) (Frankfurt: 1XW1) announces that Mr. Gregory Thomas has resigned
as a Director and Chief Executive Officer of the Company, effective immediately. During the
transition period, Mr. Tony Louie will act as the Company’s Interim CEO, while the Company
searches for a replacement.
The Company wishes to thank Mr. Thomas for all of his services.
About Valorem Resources Inc.
Valorem explores and develops precious metal properties in the Americas.
For further details and maps, please see:
https://valoremresources.com/
ON BEHALF OF THE BOARD - Valorem Resources Inc.
Tony Louie, Interim CEO and Director
Email: [email protected]
Phone: 604-319-8712
This news release includes certain statements that may be deemed "forward-looking
statements". All statements in this release, other than statements of historical facts, including
the likelihood of commercial mining and possible future financings are forward-looking
statements. Although the Company believes the expectations expressed in such forward-looking
statements are based on reasonable assumptions, such statements are not guarantees of future
performance and actual results or developments may differ materially from those in the forward-
looking statements. Factors that could cause actual results to differ materially from those in
forward-looking statements include unsuccessful exploration results, changes in metals prices,
changes in the availability of funding for mineral exploration, unanticipated changes in key
management personnel and general economic conditions. Mining is an inherently risky
business. Accordingly, the actual events may differ materially from those projected in the
forward-looking statements. For more information on the Company and the risks and challenges
of its business, investors should review the Company's annual filings which are available at
www.sedar.com