Valore Metals appoints Smart as CEO

Mr. Jim Paterson reports VALORE STRENGTHENS LEADERSHIP TEAM WITH THE APPOINTMENT OF NICK SMART AS C.E.O. Valore Metals Corp. has appointed Nick Smart as chief executive officer, effective Oct. 1, 2025. Mr. Smart brings a wealth of relevant experience to Valore, having led the design, delivery and operation of multiple complex mining capital projects globally. Mr. Smart earned a BSc in chemical engineering from the University of Cape Town and gained experience working in Anglo American's platinum, coal and base metals divisions in South Africa. Subsequently, he worked for Anglo for six years in Brazil in the states of Minas Gerais and Goias, developing and building nickel mines and processing plants. There, in addition to gaining a working fluency in Portuguese, Mr. Smart developed a deep and lasting appreciation for the vibrant heritage, talented professionals and enormous potential of the mining sector in Brazil. Mr. Smart's most recent executive leadership roles have been focused on corporate strategy, including establishing and launching a new entity and corporate brand for laboratory-grown diamonds on behalf of diamond industry leader De Beers Group in London. As a senior executive and company director, Mr. Smart's responsibilities encompassed: building world-class advanced manufacturing facilities in the United States, India and Thailand; forging commercial partnerships; maintaining P&L (profit and loss) accountability; overseeing stakeholder and industry engagement; generating sales revenues; and developing and deploying new technologies. A passionate problem solver and community coach, Mr. Smart also serves in a board advisory capacity to start-ups developing novel and disruptive processing technologies, focused on applications in the fields of metals and critical minerals. Commenting on the appointment, Valore's chairman, Jim Paterson, said: "Our entire team is excited and very proud to welcome CEO Nick Smart. Nick's career background aligns incredibly well with Valore's asset base and corporate strategy, including: working in platinum mines in South Africa; successfully building and working at a wide variety of challenging projects in Namibia, Northern Canada and Brazil; and most recently gaining critical executive leadership experience in a successful start-up venture. 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." Mr. Smart shared: "I am honoured to join Valore at such an opportune and important time for the company. I have had the privilege over the past couple of weeks to meet and begin working alongside some of the truly talented members of the Valore team as they are taking forward the development of our flagship Pedra Branca PGE [platinum group element] project and actively exploring new, district-level precious metals opportunities in some of the most prospective areas of Brazil. 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." About Valore Metals Corp. Valore Metals is a Canadian company with a team aiming to deploy capital and knowledge on projects that benefit from substantial prior investment by previous owners, existence of high-value mineralization on a large scale, and the possibility of adding tangible value through exploration and innovation. We seek Safe Harbor.