Kivalliq Announces Timing of Shares Trading on a Consolidated Basis and Name Change to ValOre Metals Corp. (TSX-V:VO)
June 26 2018 - 8:00AM
Kivalliq Energy Corporation (TSX-V:KIV)
(“Kivalliq” or “the Company”) today announced
that on June 28, 2018, the Company’s name will be officially
changed to ValOre Metals Corp. (“ValOre”) and that ValOre’s shares
will trade on the Toronto Venture Exchange under the ticker symbol
(“VO”) on the basis of ten (10) pre-consolidation shares for one
(1) post consolidation share (the “Consolidation”). See Kivalliq
news release on June 13, 2018 for more details on ValOre’s new
corporate structure:
http://kivalliqenergy.com/news/2018/index.php?content_id=344
ValOre is currently reviewing several potential
financing alternatives in order to take advantage of the Company’s
improved capital structure post-Consolidation and will make
appropriate disclosure as required.
About ValOre Metals Corp.
ValOre Metals Corp. (TSX-V:VO)
is led by industry experts with an impressive track record of
relevant commercial successes and an enduring drive to add
significant value to metals and mining projects globally and across
the commodities spectrum. Currently, ValOre’s projects host
high-value uranium, precious and base metals, and ValOre is on the
hunt to acquire additional under-valued metals and mining projects.
ValOre’s team aims to maximize success by deploying 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, process improvement, and
innovation.
ValOre’s board and management has a proven track
record of mineral discovery, project management and development,
physical commodity transactions, and financing and M&A success.
Prerequisites for any project acquisition include employing high
caliber professionals with relevant regional experience and
engaging local stakeholders to maximize the project benefits for
all. Complementing significant geological experience, ValOre’s team
brings a solid understanding of capital markets and the precious,
energy and base metals sectors.
On behalf of the Board of Directors "Jim Paterson" James R.
Paterson, Chairman and CEO ValOre Metals Corp. (TSX-V:VO)
For further information about, ValOre Metals Corp. or this news
release, please visit our website at www.kivalliqenergy.com,
and as at June 28, 2018, www.valoremetals.com or contact Investor
Relations toll free at 1.888.331.2269, at 604.646.4527, or by email
at info@kivalliqenergy.com.
ValOre Metals Corp. is a member of the Discovery Group of
Companies, for more information please visit
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. Certain disclosures in
this release constitute forward-looking statements that are subject
to numerous risks, uncertainties and other factors relating to
ValOre's operations as a mineral exploration company that may cause
future results to differ materially from those expressed or implied
in such forward-looking statements, including risks as to the
completion of the plans and projects. Readers are cautioned not to
place undue reliance on forward-looking statements. Other than as
required by applicable securities legislation, Kivalliq expressly
disclaims any intention or obligation to update or revise any
forward-looking statements whether as a result of new information,
future events, or otherwise.
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