Member Info for swizz

Hopefully the new team understand the importance of credibility and meeting expectations,..GL S

Not at all, it’s called Aim regulation.

Agreed and I think they will, it was filed about midnight UK time and is 138 pages, so perhaps an update in the next 24 hours, ....GL S

The PB tech report has now been posted to Sedar,.....GL S

Google works on the last buy price, compared to the opening mid,.....GL S

Gc, I sense the due diligence of the ValOre team, is in all probability somewhat more exacting than any of us that frequent the bulletin boards and I certainly would not describe them as suckers, Fwiw, I have had comm’s with one of the lead geologists in recent days from the Anglo Platinum team that did extensive work at PB and PW, interestingly in their opinion the Ti-Fe-V and PGE at PW was considered by the team the most promising and prominent for economic development, ...GL S

There is clearly a line to clear, I took the 5m and the 2m at 0.1 and in light of the operations plan for the weeks ahead, it’s a fairly balanced risk and reward at these levels,...GL S

Ob, I think you are pretty much spot on with your thoughts, both PB and PW will now have the funds to significantly advance from where they are currently and at this stage without any dilution to Jangada shareholders, albeit the destruction of value is not lost on me, but that value I believe has the potential to recover substantially as we gain a greater understanding of each asset and I would hope at some point in the days ahead, the Lionsgate technical report on PB will be available and also at that stage ValOre will set out more details around their aspirations for PB,

Jim Paterson and his colleagues at the Discovery group have achieved some of the greatest successes the junior mining sector has seen over the last few years, it is worth reviewing the back story of Kaminak Gold Corp., which was sold to Goldcorp for $520 million, and Northern Empire Resources Corp. Which was sold this past summer to Coeur Mining for $117 million, in addition they have other high-quality resource projects, such as Bluestone Resources Inc., Fireweed Zinc Ltd. and Great Bear Resources, all of which have had significant success over the last year, as they have moved those projects forward, so PB in my opinion is now in very good hands, that have access to a very supportive financial network, so it will be interesting to see what ValOre’s plans are for PB as we move forward, along with their development of their other assets which Jangada now have access to, plus Jangada are in a position where they can focus their full attention on the suggested tier 1 potential of the Vanadium asset at Ptombeiras West, ....GL S

Yes, correct, albeit some of those funds will be used to progress Ptombeiras West,...GL S

Quaint is one view, another could be compelling, as it leaves us with circa £2.7m in cash, a substantial shareholding in ValOre and exposure to their other assets, the knowledge that PB is fully funded for major exploration and expansion, with on-going support from the Discovery Group, along with now having sufficient funds to explore and expand the Vanadium asset at PW, along with being non-dilutive to Jangada shareholders, I will be voting in favour, but as we can see the deal is pretty much over the line,......GL S

Update from ValOre......GL S

http://valoremetals.com/news-media/news-releases/2018/valore-signs-definitive-agreement-to-acquire-pedra-branca

Further to the initial update in May, day 45 is Friday July 12th and it is possibly worth checking Sedar periodically during this week,....GL S.

Overview of the Pedra Branca NI 43-101 Inferred Resource

In conjunction with the acquisition of the Pedra Branca Project, ValOre commissioned Lions Gate Geological Consulting Inc. (“LGGC”) to prepare an inferred resource estimate and corresponding technical report (the "Technical Report") in compliance with National Instrument 43-101 – Standards of Disclosure for Mineral Projects ("NI 43-101"). The Technical Report will be made available on SEDAR (www.SEDAR.com) along with other filing documents within 45 days of the issuance of this news release.

It’s a bag of Veloso instant coffee, co branded with KP Fertil, as they are one of the largest, if not the largest organic coffee growers in Brazil, it is an interesting spot,....GL S

http://veloso.com.br/

Off topic to some degree, but a point of note tonight via the ValOre network connections with the Discovery group, Great Bear Resources who are also part of the Discovery group closed a private placing tonight, which was overwhelmingly oversubscribed and they raised circa C$10.9m, which was underwritten by Cormark securities, who are the same team ValOre have chosen to support the private placing funding for the PB transaction, so perhaps the BOD’s thoughts around stronger financial support being available to ValOre, to progress PB May indeed have some substance and the Canadian appetite for funding exploration is very evident,...GL S

https://greatbearresources.ca/great-bear-closes-c10-9-million-over-subscribed-bought-deal-private-placement/

W5, Lionsgate should be reaching the final stages of their independent review of Pedra Branca on behalf of ValOre, so I would think the next PB update is likely to be from those guys within the next couple of weeks,....GL S

Spot on TT, I see ValOre are also continuing to make progress,....GL S

DS, review slide 5 via the link below and also the Vanadium drilling update from March is helpful in understanding the Titanium potential,....GL S

http://www.jangadamines.com/media/1301/jangada-presentation-q1-2019.pdf

https://www.investegate.co.uk/jangada-mines-plc--jan-/rns/vanadium-drilling-update/201903110700051618S/

0.25c!

Placing price confirmed at 0.25p and Brian and Luis confirmed as the board nominees,....GL S.

VANCOUVER, British Columbia, June 06, 2019 (GLOBE NEWSWIRE) -- ValOre Metals Corp. (TSX-V: VO) ("ValOre") today provided an update on the previously announced transaction (see ValOre news release, dated May 28, 2019) whereby ValOre has agreed to acquire the Pedra Branca Project in Brazil from Jangada Mines PLC (the “Acquisition”).

ValOre plans an equity financing for gross proceeds of not less than C$3,000,000 (the "Financing") to fund transaction costs of the Acquisition, exploration expenditures on the Pedra Branca project and for general working capital. The terms of the Financing are as follows: a minimum of 12 million units (the “Units”) will be sold at a price of C$0.25 per Unit, with each Unit consisting of one new ValOre common share (the “Shares”) and one half of one common share purchase warrant (each whole common share purchase warrant, a “Warrant”). Each Warrant will be exercisable into one Share for C$0.35 per Share for a period of two years from the date of the closing of the Financing. A portion of the proceeds may be escrowed pending closing of the Acquisition. Finders fees may be payable on funds raised as part of the Financing, consisting of a 3% cash commission and 6% finders warrants, with the finder’s warrants having the same terms as the Warrants issued as part of the Unit offering. Insiders of ValOre may also participate in the Financing. Any insider participation will be considered to be a related party transaction within the meaning of TSX Venture Exchange Policy 5.9 and Multilateral Instrument 61-101 (“MI 61-101”). ValOre intends to rely on the exemptions from the requirements of MI 61-101 in respect of any insider participation. Completion of the Financing is subject to acceptance by the TSX Venture Exchange.

Upon closing of the Acquisition, Jangada will have the right to appoint up to two (2) members to ValOre’s Board of Directors for a two (2) year term. The two directors chosen by Jangada to join ValOre’s board of directors are both seasoned industry professionals: Mr. Brian McMaster, Jangada’s Executive Chairman, and Mr. Luis Azevedo, Jangada director and a Brazilian national. The term may be extended if mutually agreed in writing by ValOre, Jangada and each of the nominee board members.

Bf21, a good place to start in regards to an appreciation of the Vanadium asset is the BCH note from March, it is also worth bearing in mind that the tenement is also particularly rich in Titanium,.....GL S

https://www.brandonhillcapital.com/media/77823/jangada_flashnote2019_03_11.pdf