02:51 PM EDT, 06/27/2025 (MT Newswires) -- ValOre Metals ( KVLQF ) Friday announced that it has terminated a previously announced amalgamation agreement with South Atlantic Gold ( JLRRF ) and 1529317 B.C. Ltd. effective June 27, 2025.

According to a company statement, the parties mutually terminated the agreement after South Atlantic shareholders "failed to adopt a special resolution approving the proposed amalgamation," whereby ValOre would have indirectly acquired all of the issued and outstanding shares of South Atlantic.

ValOre is trading down $0.005 at $0.11 a share.

Price: 0.11, Change: -0.01, Percent Change: -4.35