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

Valore Metals Corp has announced a strategic acquisition that will significantly expand its footprint in Brazil's emerging precious metals sector. The company entered into an arm's-length binding letter agreement on February 14, 2025, to acquire all issued and outstanding common shares of South Atlantic Gold Inc.

The acquisition creates a substantial 99,924 hectare precious metals district in Ceara State, Brazil, representing a major consolidation of prospective gold terrain in this underexplored region. This scale of land position provides Valore with significant exploration upside and the potential to develop a district-scale precious metals operation.

The transaction reflects growing interest in Brazil's gold sector, particularly in regions like Ceara State where exploration activity has been increasing. For Valore shareholders, the acquisition represents a strategic pivot toward building a substantial South American gold platform with significant scale advantages.

The successful completion of this acquisition would position Valore as a major landholder in one of Brazil's emerging gold districts, providing the company with the scale and geological diversity needed to advance toward resource development and potential production scenarios.