Avanti Gold Corp.

AGC

CA05352C1068

Diversified Mining

Market Closed - Canadian Securities Exchange Other stock markets 02:07:12 2024-05-22 pm EDT			5-day change	1st Jan Change
0.2 ^CAD	-9.09%		-4.76%	-33.33%

May. 07	Avanti Gold Corp. Announces CEO Changes	CI
May. 03	Avanti Gold Up More Than 20% As Appoints Former President of Anglogold Ashanti, Sir Samuel Jonah, as Director and Chairman of the Board	MT

VALOREM ANNOUNCES DEBT SETTLEMENT

March 21, 2023 at 09:56 am EDT

VALOREM RESOURCES INC. (CSE: VALU) (Frankfurt: X37) (the 'Company') announces that it intends to settle debt (the 'Debt Settlement') in the amount of $1,084,144.77 owed by the Company to certain creditors by the issuance of 4,169,786 common shares (each, a 'Share') of the Company at a deemed price of $0.26 per Share.

The Debt Settlement is subject to the entry into a debt settlement agreement with the creditor and receipt of all regulatory approvals.

All securities issued in connection with the Debt Settlement will be subject to a statutory hold period expiring four months and one day after issuance of the securities.

About Valorem Resources Inc.

Valorem explores and develops precious metal properties in the Americas and the DRC.

Contact:

Tel: +1 (604) 908-1679

Email: info@valoremresources.com

Latest news about Avanti Gold Corp.

Avanti Gold Corp. Announces CEO Changes	May. 07	CI
Avanti Gold Up More Than 20% As Appoints Former President of Anglogold Ashanti, Sir Samuel Jonah, as Director and Chairman of the Board	May. 03	MT
Avanti Gold Corp. Appoints Sir Samuel Jonah as Director and Chairman of the Board	May. 02	CI
Avanti Gold Corp. Reports Earnings Results for the Third Quarter and Nine Months Ended January 31, 2024	Mar. 25	CI
Avanti Gold Corp. Reports Earnings Results for the Second Quarter and Six Months Ended October 31, 2023	Jan. 02	CI
Avanti Gold Corp. Appoints Natalie Davies as Chief Financial Officer	Nov. 03	CI
Avanti Gold Corp. Appoints Natalie Davies as Corporate Secretary	Nov. 03	CI
Avanti Gold Corp. Announces Resignation of Tammy Gillis as Chief Financial Officer	23-10-06	CI
Avanti Gold Corp. Announces Board Changes	23-10-06	CI
Avanti Gold Corp. Reports Earnings Results for the First Quarter Ended July 31, 2023	23-09-22	CI
Avanti Gold Corp. Reports Earnings Results for the Full Year Ended April 30, 2023	23-08-27	CI
Valorem Resources Inc. will Change its Name to Avanti Gold Corp	23-04-21	CI
Valorem Resources Inc. has Changed its Ticker to AGC from VALU	23-04-18	CI
Valorem Resources Inc. Appoints Samuel Jonah as Senior Advisor	23-04-13	CI
Valorem Resources Inc. Appoints Colin Porter as Chief Executive Officer, Effective May 1, 2023	23-04-06	CI
Valorem Resources Inc. Announces Board Changes	23-04-03	CI
Valorem Resources Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended January 31, 2023	23-03-30	CI
Valorem Resources Inc. Appoints Jonathan Victor Hill to the Board of Directors	23-03-29	CI
Valorem Resources Inc. Appoints Robert Cross and Paul Matysek as Inaugural Members of the Advisory Board	23-03-22	CI
Valorem Resources Inc. completed the acquisition of Regency Mining Limited for $3.61 million.	22-12-19	CI
Valorem Resources Inc. Reports Earnings Results for the Second Quarter and Six Months Ended October 31, 2022	22-12-15	CI
Valorem Resources Inc. announced that it has received CAD 2.7503 million in funding	22-10-06	CI
Valorem Resources Inc. Reports Earnings Results for the First Quarter Ended July 31, 2022	22-09-09	CI
Valorem Resources Inc. entered into a Letter of intent to acquire Regency Mining Limited for $0.5 million.	22-09-08	CI
Valorem Resources Inc. announced that it expects to receive CAD 2.5 million in funding	22-08-29	CI

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Company Profile

Avanti Gold Corp. is a Canada-based gold exploration company working on a Tier-1 gold opportunity in the Democratic Republic of the Congo (DRC), in Misisi, located in the Fizi territory of South Kivu Province. The Company's Misisi Gold Project is located approximately 250 kilometers (km) south of Bukavu, the provincial capital of the South Kivu Province, in the Democratic Republic of the Congo. The Misisi Gold Project is comprised of three contiguous 30-year mining leases, covering approximately 133 square kilometers of prospective exploration ground along the 55-km-long Kibara Gold Belt. The Misisi Gold Project contains the Akyanga deposit, which is the subject of the NI 43-101 inferred resource of about 44.3 million tons at an average grade of 2.16 grams per ton gold containing 3.1 million ounces.

Sector

Diversified Mining

Calendar

2024-08-25 - Q4 2024 Earnings Release (Projected)

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Income Statement Evolution

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Sector Integrated Mining

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