Val-d’Or Mining Corporation (TSXV: VZZ) (the “Company”) announces that it has entered into a mineral claim purchase agreement (the “Option Agreement”) with an independent party (the “Seller”), dated October 8, 2025, pursuant to which the Company has purchased a 100% interest in three mining claims in the Larder Lake Mining Division in Ontario (the “Properties”).
In consideration for the purchase of the properties, the Company will pay to the seller $5,000 in cash and issue 100,000 shares of the Company’s common stock to the seller, subject to TSX Venture Exchange approval. The Company has also granted to Seller a royalty (an “NSR Royalty”) of 1.0% of the net smelter revenues of the Properties, and the Company has the option to purchase one-half of the NSR Royalty (thereby reducing the NSR Royalty Rate payable to Seller from 1.0% to 0.5%) for $1,000,000.
About Val-d’Or Mining Company
Val-d’Or Mining Corporation is a junior natural resources issuer engaged in the process of acquiring and exploring its diverse mineral properties, most of which are located in the Abitibi Greenstone Belt of NE Ontario and NW Québec. In addition to its current real estate interests, the Company regularly evaluates new opportunities for strikes and/or acquisitions. Outside of its main regional focus in the Abitibi Greenstone Belt, the company owns several other properties in Northern Quebec (Nunavik) covering various geological environments and raw materials (Ni-Cu-PGEs).
The company has expertise in identifying and generating new projects, as well as early stage exploration. The interesting mineral raw materials are broad and range from gold, copper-zinc-silver, nickel-copper-PGE to industrial and energy minerals. Following initial value creation in its 100% owned or majority owned properties, the Company seeks option/joint venture partners with technical expertise and financial capacity to pursue more advanced exploration projects.
Forward-looking statements:
This press release contains certain statements that may be deemed “forward-looking statements.” Forward-looking statements are statements that are not historical facts and are generally, but not always, identified by the words “expects”, “plans”, “anticipates”, “believes”, “intends”, “estimates”, “projects”, “potential” and similar expressions, or that events or conditions “will”, “could”, “may”, “could” or “should” occur. Although the Company believes that the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or realities may differ materially from those expressed in any forward-looking statements. Forward-looking statements are based on the beliefs, estimates and opinions of the company’s management on the date the statements are made. Except as required by law, the Company assumes no obligation to update these forward-looking statements in the event that management’s beliefs, estimates or opinions, or other factors, should change.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this press release.
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