10:01 AM EST - ValOre Metals Corp. : Today announced that effective June 19, the sale of its Angilak Property in Nunavut Territory, to Labrador Uranium Inc. has closed. ValOre has received the $3,000,000 cash consideration for the Transaction and the 100,000,000 common shares of Labrador Uranium Inc. issued to ValOre pursuant to the Transaction will now be distributed to the shareholders of ValOre, pro rata, as a return of capital. Labrador Uranium Inc. is listed on the Canadian Securities Exchange (trading symbol LUR) and the Labrador Shares will be subject to a hold period expiring on August 6. ValOre Metals Corp.
shares V.VO are trading unchanged at $0.15.
