Valhalla Metals Inc. announced that Mr. Mihai Draguleasa will join the Company as Chief Financial Officer, effective immediately. Valhalla's current Chief Financial Officer and Corporate Secretary, Kara Norman and the Company have mutually agreed that Ms. Norman will step down as CFO and Corporate Secretary. Ms. Norman will continue with the Company as an advisor to assist when necessary and to facilitate the transition of Mr. Draguleasa in his role as CFO.

The Board of Directors thanks Ms. Norman for her service and wishes her well. Mr. Draguleasa is a Chartered Professional Accountant (CPA) with over ten years of accounting experience. He earned his CPA in Vancouver, British Columbia, while working in the multinational public accounting firms Deloitte and Ernst & Young.

His mining related financial work experience at Deloitte and Ernst & Young included due diligence reviews, audits and tax recoveries projects for large and medium mining companies.