ValOre Metals Corp.

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South Atlantic Gold Announces Termination of Amalgamation Agreement

Vancouver, B.C. – June 27, 2025 – South Atlantic Gold Inc. (“South Atlantic” or the “Company”) (TSX-V: SAO), announces that shareholders did not approve its previously announced amalgamation with ValOre Metals Corp. (“Valore”) at the Company’s shareholder meeting held earlier today (the “Meeting”).  Following the Meeting, Valore and the Company mutually agreed to terminate the amalgamation agreement and consequently the amalgamation will not proceed.  South Atlantic will continue to evaluate and review alternative opportunities to enhance shareholder value.

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Valore Proposes Acquisition of South Atlantic Gold to Create a 99,924 Hectare Precious Metals District in Ceara State, Brazil

2025-02-18 13:50 ET – News Release See News Release (C-VO) Valore Metals Corp Mr. Jim Paterson of Valore reports Valore Metals Corp. and South Atlantic Gold Inc. entered into an arm’s-length binding letter agreement on Feb. 14, 2025, whereby Valore will acquire all of the issued and outstanding common shares in the capital of South […]