Valore Metals appoints Smart as CEO

Executive Summary

• Valore Metals Corp. announced the appointment of Nick Smart as its new chief executive officer, effective October 1, 2025.
• Mr. Smart brings extensive global mining project delivery experience, senior corporate‑strategy roles (including launching a laboratory‑grown diamond brand for De Beers), and prior leadership of complex nickel operations in Brazil.
• The board highlighted that his background aligns with Valore’s asset portfolio and growth strategy in Brazil’s precious metals sector.

Key Details

• Appointment Effective Date: October 1, 2025.
• Appointee Background:
• BSc in Chemical Engineering, University of Cape Town.
• Former roles at Anglo American (platinum, coal, base‑metals divisions) in South Africa and Brazil; led development of nickel mines and processing plants.
• Recent senior executive experience launching a new entity/brand for laboratory‑grown diamonds for De Beers Group in London; oversaw advanced manufacturing facilities in the U.S., India, Thailand; responsible for P&L, commercial partnerships, sales revenue, and technology deployment.
• Board advisory positions with start‑ups focused on novel metals‑critical mineral processing technologies.
• Chairman’s Comment (Jim Paterson): Emphasized Mr. Smart’s fit with Valore’s asset base, citing experience in platinum mining (South Africa), project delivery in Namibia, Northern Canada and Brazil, and recent executive leadership in a start‑up venture.
• CEO’s Statement (Nick Smart): Expressed honor to join Valore at a pivotal time; noted engagement with the Pedra Branca PGE project and exploration of district‑level precious‑metals opportunities in Brazil; highlighted excitement about building a world‑class integrated precious‑metals company.

Notable Quotes

• Jim Paterson, Chairman: “Our entire team is excited and very proud to welcome CEO Nick Smart… His impressive resume makes him perfectly suited to lead our organization into this next phase of growth and opportunity in Brazil's precious metals sector.”
• Nick Smart, Chief Executive Officer: “I am honoured to join Valore at such an opportune and important time for the company… I am beyond excited by the capacity and potential we have together—to build on this base and create a world‑class integrated precious metals company.”