Valor Resources Limited (ASX:VAL) agreed to acquire 1325020 B.C. Ltd for $0.18 million on October 24, 2023. As for consideration, Valor Resources Limited is acquiring 100% of the issued capital of 1325020 B.C. Ltd for consideration comprising the issue of 50 million fully paid ordinary Valor shares, equivalent to $0.17 million. 1325020 B.C. Ltd holds cash of $0.087 million.

Transaction is subject to due diligence investigations, approval required to effect completion of the acquisition under applicable laws or the rules of an applicable securities exchange.