Corporate Developments

Vancouver, B.C. – September 25, 2025 – ValOre Metals Corp. (“ValOre”) (TSX-V: VO, OTCQB: KVLQF, Frankfurt: KEQ0), today announced the appointment of Nick Smart as Chief Executive Officer of ValOre Metals Corp, effective October 1, 2025.  

Nick brings a wealth of relevant experience to ValOre, having led the design, delivery and operation of multiple complex mining capital projects globally. Nick earned a BSc. in Chemical Engineering from the University of Cape Town and gained experience working in Anglo American’s Platinum, Coal and Base Metals divisions in South Africa. Subsequently, he worked for Anglo for six years in Brazil in the States of Minas Gerais and Goiás, developing and building Nickel mines and processing plants. There, in addition to gaining a working fluency in Portuguese, Nick developed a deep and lasting appreciation for the vibrant heritage, talented professionals and enormous potential of the mining sector in Brazil.

Nick’s most recent executive leadership roles have been focused on corporate strategy, including establishing and launching a new entity and corporate brand for laboratory-grown diamonds on behalf of diamond industry leader, De Beers Group in London. As a senior executive and company director, Nick’s responsibilities encompassed: building world-class advanced manufacturing facilities in the U.S.A. India and Thailand; forging commercial partnerships; maintaining P&L accountability; overseeing stakeholder and industry engagement; generating sales revenues; and developing and deploying new technologies.  

A passionate problem-solver and community coach, Nick also serves in a board advisory capacity to startups developing novel and disruptive processing technologies, focused on applications in the fields of metals and critical minerals. 

Commenting on the appointment, ValOre’s Chairman, Jim Paterson, said, “Our entire team is excited and very proud to welcome C.E.O. Nick Smart. Nick’s career background aligns incredibly well with ValOre’s asset base and corporate strategy, including: working in platinum mines in South Africa; successfully building and working at a wide variety of challenging projects in Namibia, northern Canada and Brazil; and most recently gaining critical executive leadership experience in a successful start up venture. His impressive resume makes him perfectly suited to lead our organization into this next phase of growth and opportunity in Brazil’s precious metals sector.” 

Nick shared, “I am honored to join ValOre at such an opportune and important time for the company. I have had the privilege over the past couple of weeks to meet and begin working alongside some of the truly talented members of the ValOre team, as they are taking forward the development of our flagship Pedra Branca PGE project and actively explore new, district-level precious metals opportunities in some of the most prospective areas of Brazil. I am beyond excited by the capacity and potential we have together – to build on this base and create a world-class integrated precious metals company.”  

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, Chairman 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 expectations, 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.

Vancouver, B.C. – ValOre Metals Corp. (“ValOre” or the “Company”); (TSX‐V: VO; OTCQB: KVLQF; Frankfurt: KEQ0) today announced the voting results of its recent annual general meeting of shareholders ("AGM"), which was held on May 27, 2024.

Shareholders approved setting the size of the Board at four, including the election of each director nominee. Detailed results of the vote for the election of directors are as follows:

Nominee	# Voted For	%Voted For	# Votes Withheld	% Votes Withheld
James Paterson	51,451,180	98.61%	726,333	1.39%
Dale Wallster	51,381,152	98.47%	796,361	1.53%
Garth Kirkham	51,471,180	98.65%	706,333	1.35%
Darren Klinck	51,471,180	98.65%	706,333	1.35%

Shareholders also approved the appointment of Davidson & Company LLP, Chartered Professional Accountants, as the auditors of the Company by 98.65% of votes for, and the Stock Option Plan as described in the Company’s Information Circular was approved by 97.78% of votes.

Subsequent to the meeting, the Board of Directors re- confirmed the following committees, all of which are comprised of independent directors:

• Audit Committee: Dale Wallster (Chair), Darren Klinck, Garth Kirkham
• Compensation Committee: Garth Kirkham (Chair), Dale Wallster, Darren Klinck
• Corporate Governance Committee: Darren Klinck (Chair), Garth Kirkham, Dale Wallster

About ValOre

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.

On behalf of the Board of Directors,
“James R. Paterson”
James R. Paterson, Chairman and CEO

ValOre Metals Corp.

For further information about ValOre Metals Corp., or this news release, please visit our website at www.valoremetals.com or contact Investor Relations at 604 235-4061, or by email at [email protected].

ValOre Metals Corp. is a proud member of Discovery Group. For more information please visit: http://www.discoverygroup.ca/

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Vancouver, B.C. – May 29, 2024 – ValOre Metals Corp. (“ValOre”, or the “Company”) (TSX-V: VO, OTCQB: KVLQF, Frankfurt: KEQ0) today provided an update regarding its Hatchet Lake Uranium Property.

Jim Paterson, Chairman and CEO, ValOre Metals Corp. stated: “We have partnered with knowledgeable  investors with significant experience in Canada’s uranium exploration sector to help unlock value from our highly prospective Hatchet Lake Uranium Project in northeastern Saskatchewan. The timing is right to resume exploration activities at this strategically located uranium project with the backing of long-term uranium investors.”

Background to the Hatchet Uranium Corp. Transaction

ValOre incorporated Hatchet Uranium Corp. (“HUC”), pursuant to the Business Corporations Act (British Columbia), as a wholly-owned subsidiary of ValOre.

ValOre, HUC and Beaconsfield Ventures Ltd. (“Beaconsfield”) have entered into a framework agreement (the “Framework Agreement”) pursuant to which: (i) ValOre agreed to transfer its 100% undivided interest in six mineral claims located adjacent to the north-eastern margin of the Athabasca Basin in Saskatchewan, such claims being all of ValOre’s interest in the Hatchet Lake Uranium Property, to HUC in exchange for 7,500,000 common shares of HUC (“HUC Shares”) at a deemed price of $0.10 per share (the “Hatchet Lake Contribution”), and (ii) Beaconsfield subscribed for 2,500,000 HUC Shares at a price of $0.10 per share for aggregate gross proceeds to HUC of $250,000 (the “Beaconsfield Financing”). Closing of the Hatchet Lake Contribution and the Beaconsfield Financing occurred on February 28, 2024.

Following the Hatchet Lake Contribution and the Beaconsfield Financing, HUC completed a charitable, non-brokered private placement offering of 1,111,112 flow-through shares of HUC (each a “HUC Flow-Through Share”) to purchasers at a price of $0.45 per share for aggregate gross proceeds to HUC of approximately $500,000 (the “Charitable Flow-Through Offering”). Closing of the Charitable Flow-Through Offering was completed on May 14, 2024. Immediately following completion of the Charitable Flow-Through Offering, ValOre held 7,500,001 HUC Shares representing approximately 67.5% of the issued and outstanding HUC Shares.

HUC intends to use the proceeds from the Beaconsfield Financing for general working capital purposes and the gross proceeds from the Charitable Flow-Through Offering will be specifically used for “flow-through critical mineral mining expenditures” (as defined in the Income Tax Act (Canada)) on the Hatchet Lake Uranium Property located in Saskatchewan (the “Qualifying Expenditures”), which will be renounced to the purchasers of the HUC Flow-Through Shares with an effective date no later than December 31, 2024.

Proposed Hatchet Lake Uranium Property Exploration Program Highlights

The proposed Hatchet Lake Uranium Property exploration program will initially focus on continued exploration of two high-priority zones, the Upper Manson and SW Scrimes.  This work will follow up on historical uranium anomalies and mineralization noted in samples collected from float boulders, lake sediments, soils and vegetation, including 2015 grab assay results of up to 2.43% U₃O₈ at SW Scrimes (CLICK HERE for ValOre news release dated October 15, 2015).

In addition, data from ground magnetic and Very Low Frequency Electromagnetic (“VLF-EM”) surveys have defined multiple VLF-EM conductors that remain to be tested property wide, including the Upper Manson and SW Scrimes strike extensions.

The initial exploration program contemplated includes gridded soil sampling and additional ground magnetic, VLF-EM, and induced polarization (IP) geophysical surveys, primarily targeting uranium mineralization along strike to the southwest of the Upper Manson target region and northeast of the SW Scrimes target regions. All work is planned to be completed before the end of December 2025.

SW Scrimes is located immediately east and along trend from AJ Showing (Red Willow Project) and approximately 30 km along-trend from Roughrider, Eagle Point and McClean Lake deposits.

Figure 1 – Hatchet Lake Project Property Map and Historic Exploration Results

Qualified Person (“QP”)

The technical information in this news release has been prepared in accordance with Canadian regulatory requirements set out in NI 43-101 and reviewed and approved by Thiago Diniz, P.Geo., ValOre’s QP and Vice President of Exploration.

About Hatchet Uranium Corp.

Hatchet Uranium Corp. was incorporated by ValOre on February 7, 2024. Jim Paterson, ValOre’s Chairman and Chief Executive Officer, serves as HUC’s Chief Executive Officer and sole director. HUC’s head and registered office is located at Suite 1020 – 800 West Pender Street, Vancouver, BC V6C 2V6.

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 Investor Relations by email at [email protected].

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.

Cautionary Note Regarding Forward-Looking Information

This news release contains forward-looking information, as defined under applicable Canadian securities laws (collectively, “forward-looking statements”). All statements other than statements of historical fact are forward-looking statements. The use of any of the words “will”, “intend”, “anticipate”, “could”, “should”, “may”, “might”, “expect”, “estimate”, “forecast”, “plan”, “potential”, “project”, “assume”, “contemplate”, “believe”, “shall”, “scheduled”, and similar expressions are intended to identify forward-looking statements. Forward-looking statements in this news release include, but are not limited to, statements with respect to HUC’s use of proceed from the Beaconsfield Financing and the Flow-Through Offering, the renouncing of the Qualifying Expenditures and the entering into of the HUC Shareholders Agreement, if at all, and the content thereof. Forward-looking statements are not guarantees of future performance, actions, or developments and are based on expectations, 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 our continuous disclosure filings available under the Company’s SEDAR+ profile at www.sedarplus.ca), as well as the risk that HUC may not use the proceeds as currently intended. 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. Readers are cautioned to not place undue reliance on forward‑looking statements. The forward-looking statements contained in this press release are made as at the date hereof and the Company 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.

Vancouver, B.C. – ValOre Metals Corp. (“ValOre”; TSX‐V: VO; OTCQB: KVLQF; Frankfurt: KEQ0, “the Company”) today announced the voting results of its recent annual general and special meeting of shareholders ("AGSM"), which was held on May 12, 2023.

Shareholders voted in favour of the Plan of Arrangement involving the Company and Labrador Uranium by 99.28%. 49,102,594 voted for the plan of arrangement and 356,100 voted against.

Shareholders approved the other business items of setting the size of the Board at five, including the election of each director nominee. Detailed results of the vote for the election of directors are as follows:

Nominee	# Voted For	%Voted For	# Votes Withheld	% Votes Withheld
James Paterson	47,961,464	96.97%	1,497,230	3.03%
Dale Wallster	49,457,492	99.998%	1,202	0.002%
James Malone	47,557,492	96.16%	1,901,202	3.84%
Garth Kirkham	49,457,492	99.998%	1,202	0.002%
Darren Klinck	49,457,492	99.998%	1,202	0.002%

Shareholders also approved the appointment Davidson & Company LLP, as the auditors of the Company by 99.53% of votes for, the New 10% Rolling Stock Option Plan was approved by 98.82% of votes, and the approval of previously granted stock option repricing was approved by 85.072% of disinterested shareholders.

About ValOre

ValOre Metals Corp. (TSX‐V: VO) is a Canadian company with a portfolio of high‐quality exploration projects. ValOre’s team aims 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.

On behalf of the Board of Directors,

“Jim Paterson”

James R. Paterson, Chairman and CEO

ValOre Metals Corp.

For further information about ValOre Metals Corp., or this news release, please visit our website at www.valoremetals.com or contact Investor Relations at 604.653.9464, or by email at [email protected].

ValOre Metals Corp. is a proud member of Discovery Group. For more information please visit: http://www.discoverygroup.ca/

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.