File: '\\swfile\EmailIn\20260525 201004 Attachment EWR NR - J. Paterson Disposition of 18,713,000 Shares - May 25, 2026.docx'

Vancouver, British Columbia (May 25, 2026) As of May 25, 2026, Mr. James Paterson, of 1020-800 West Pender Street, Vancouver, BC, Canada, V6C 2V6, has disposed of 18,713,000 common shares (a "Share") in the capital of ValOre Metals Corp. (the "Issuer") through the facilities of the TSX Venture Exchange (the "Disposition") from his personal holdings for the net aggregate gross proceeds of approximately $1,684,710.

Mr. Paterson is filing this report pursuant to National Instrument 62-103 - The Early Warning System and Related Take-Over Bid and Insider Reporting Issues as Mr. Paterson's ownership over the Shares decreased by approximately 7% of the issued and outstanding Shares of the Company on an undiluted and partially-diluted basis following the Disposition to 11.25%.

Immediately prior to the Disposition, Mr. Paterson beneficially owned, or had control and direction over 47,390,233 Shares and no convertible securities, representing approximately, 18.59% of the outstanding Shares on an undiluted and partially diluted basis, based upon 254,954,066 Shares outstanding prior to the Disposition.

Immediately after the Disposition, Mr. Paterson beneficially owned, or had control and direction over, 28,677,233 Shares and no convertible securities, representing approximately 11.25% of the outstanding Shares on an undiluted and partially diluted basis, based upon 254,954,066 Shares outstanding immediately after the Disposition.

Mr. Paterson disposed of the Disposed Shares to raise some or all of the funds to pay the purchase price for the purchase of up to $2,000,000 in unsecured convertible debentures of the Issuer pursuant to the Issuer's non-brokered private placement announced on May 20, 2026 and in the future, Mr. Paterson may acquire additional securities of the Issuer, dispose of some or all of the existing securities he holds or will hold, or may continue to hold his current position, depending on market conditions, reformulation of plans and/or other relevant factors.

A copy of the early warning report filed by Mr. Paterson in connection with the Disposition will be available under the Issuer's profile on the SEDAR+ website. To obtain a copy of the early warning report, a person may also contact Jeff Dare, Corporate Secretary of the Issuer by telephone at 604-235-4053.

File: Attachment EWR NR - J Paterson - May 25, 2026.pdf

Vancouver, British Columbia (May 25, 2026) As of May 25, 2026, Mr. James Paterson, of 1020-800 West Pender Street, Vancouver, BC, Canada, V6C 2V6, has disposed of 18,713,000 common shares (a "Share") in the capital of ValOre Metals Corp. (the "Issuer") through the facilities of the TSX Venture Exchange (the "Disposition") from his personal holdings for the net aggregate gross proceeds of approximately $1,684,710.

Mr. Paterson is filing this report pursuant to National Instrument 62-103 The Early Warning System and Related Take-Over Bid and Insider Reporting Issues as Mr. Paterson's ownership over the Shares decreased by approximately 7% of the issued and outstanding Shares of the Company on an undiluted and partially-diluted basis following the Disposition to 11.25%.

Immediately prior to the Disposition, Mr. Paterson beneficially owned, or had control and direction over 47,390,233 Shares and no convertible securities, representing approximately, 18.59% of the outstanding Shares on an undiluted and partially diluted basis, based upon 254,954,066 Shares outstanding prior to the Disposition.

Immediately after the Disposition, Mr. Paterson beneficially owned, or had control and direction over, 28,677,233 Shares and no convertible securities, representing approximately 11.25% of the outstanding Shares on an undiluted and partially diluted basis, based upon 254,954,066 Shares outstanding immediately after the Disposition.

Mr. Paterson disposed of the Disposed Shares to raise some or all of the funds to pay the purchase price for the purchase of up to $2,000,000 in unsecured convertible debentures of the Issuer pursuant to the Issuer's non-brokered private placement announced on May 20, 2026 and in the future, Mr. Paterson may acquire additional securities of the Issuer, dispose of some or all of the existing securities he holds or will hold, or may continue to hold his current position, depending on market conditions, reformulation of plans and/or other relevant factors.

A copy of the early warning report filed by Mr. Paterson in connection with the Disposition will be available under the Issuer's profile on the SEDAR+ website. To obtain a copy of the early warning report, a person may also contact Jeff Dare, Corporate Secretary of the Issuer by telephone at 604- 235-4053.