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VO.V ·

ValOre Announces Termination of Amalgamation Agreement with South Atlantic

Mergers & Acquisitions

ValOre Announces Termination of

Amalgamation Agreement with South Atlantic

Vancouver, B.C. – June 27, 2025 – ValOre Metals Corp. (“ValOre”) (TSX-V: VO, OTCQB: KVLQF,

Frankfurt: KEQ0), today announced that ValOre, South Atlantic Gold Inc. ("South Atlantic") and 1529317

B.C. Ltd. (collectively, the "Parties") have terminated the previously announced amalgamation agreement

(the "Amalgamation Agreement"), effective as of June 27 , 2025. The Parties mutually terminated the

Amalgamation Agreement after South Atlantic shareholders failed to adopt a special resolution approving

the proposed amalgamation (the “Amalgamation”), whereby ValOre would have indirectly acquired all of

the issued and outstanding shares of South Atlantic, at South Atlantic’s annual general and special meeting

which took place earlier today. Accordingly, ValOre will not be proceeding with the Amalgamation.

About ValOre Metals Corp.

ValOre Metals Corp. (TSX-V: VO, OTCQB: KVLQF, Frankfurt: KEQ0) is a Canadian company with a team

aiming to deploy capital and knowledge on projects which benefit from substantial prior investment by

previous owners, existence of high- value mineralization on a large scale, and the possibility of adding

tangible value through exploration and innovation.

For further information about ValOre Metals Corp., or this news release, please visit our website at

www.valoremetals.com or contact Jim Paterson, C.E.O. at 778-819-4484, or by email at

[email protected].

ValOre is a proud member of Discovery Group. For more information about Discovery Group, please visit

its website at www.discoverygroup.ca.

Cautionary Note Regarding Forward-Looking Statements

This news release contains certain forward-looking statements and forward-looking information, as defined

under applicable Canadian securities laws (collectively, “forward-looking statements”). The words “will”,

“intend”, “anticipate”, “could”, “should”, “may”, “might”, “expect”, “estimate”, “forecast”, “plan”, “potential”,

“project”, “assume”, “contemplate”, “believe”, “shall”, “scheduled”, and similar terms are intended to identify

forward-looking statements. Forward-looking statements, included or referred to in this news release

include, but are not limited to statements with respect to ValOre’s intention not to proceed with the

Amalgamation. Forward-looking statements are not guarantees of future performance, actions, or

developments and are based on expectati ons, assumptions and other factors that management currently

believes are relevant, reasonable, and appropriate in the circumstances.

Although management believes that the forward- looking statements herein are reasonable, actual results

could be substantially different due to the risks and uncertainties associated with and inherent to ValOre’s

business (as more particularly described in its continuous disclosure filings available under its SEDAR+

profile at www.sedarplus.ca), including, without limitation, risks discussed under the heading “Risk Factors”

in ValOre's most recent management discussion and analysis available under its SEDAR+ profile at

www.sedarplus.ca.

Actual results or events could differ materially from those contemplated in forward- looking statements. All

forward-looking statements included in this news release are expressly qualified in their entirety by these

cautionary statements. The forward-looking statements contained in this news release are made as at the

date hereof and ValOre does not undertake any obligation to update publicly or to revise any of the included

forward-looking statements, whether as a result of new information, future events, or otherwise, except as

may be required by applicable securities laws.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in

policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this

release.