ValOre Now Fully Eligible for Settlement through the Depository Trust Company (“DTC”)

9 December 2021

Vancouver, B.C. – December 9, 2021 – ValOre Metals Corp. (TSX-V:VO, OTC:KVLQF, Frankfurt: KEQ) today announced that the Company’s common shares are now fully eligible for settlement through the Depository Trust Company (“DTC”), a subsidiary of the Depository Trust & Clearing Corp. which manages the electronic clearing and settlement of publicly-traded companies in the United States of America.

ValOre’s common shares trade in the United States on the OTCQB under the ticker symbol “KVLQF”. The combination of DTC eligibility and ValOre’s OTCQB listing will provide a more efficient trading process for existing U.S. based ValOre shareholders and potential new investors and potentially increase liquidity in the trading of ValOre shares.

Through electronic clearing of securities, DTC eligibility significantly reduces the costs and accelerates the settlement process for investors and brokers alike.