VANCOUVER, British Columbia, April 16, 2026 (GLOBE NEWSWIRE) -- ValOre Metals Corp. (“ValOre” or “the Company”) (TSXV: VO; OTCQB: KVLQF; Frankfurt: KEQ0) today provided an update on the disposition of its interest in Hatchet Uranium Corp. (“HUC”), a 51% owned subsidiary of ValOre. Further to ValOre’s press release dated February 26, 2026, ValOre and HUC continue to move towards closing of the disposition of the HUC shares to Future Fuels Inc. (“FTUR”). The “Outside Date” in the Amalgamation Agreement between FTUR, 1564470 B.C. Ltd. and HUC has been extended from March 31, 2026 to April 30, 2026. On March 10, 2026, HUC shareholders unanimously approved the transaction. ValOre and HUC continue to work towards satisfying the remaining conditions to closing, including obtaining TSX Venture Exchange (“TSXV”) acceptance. As part of the TSXV approval process, the TSXV has requested that ValOre provide a summary of the various transactions leading up to the transaction with FTUR. That disclosure is provided below. The closing of the transaction remains subject to review and acceptance by the TSXV.

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