<article>

		le 20 juillet/July 2022

		Valorem Resources Inc. has announced a consolidation of its issued and outstanding common shares on the basis of one (1) post-consolidated common share for every thirty five (35) pre-consolidated common shares.

		As a result, the outstanding shares of the company will be reduced to approximately 2,800,357 common shares.

		The name and symbol will not change.

		Please note that all open orders will be cancelled at the close of business on July 21, 2022. Dealers are reminded to re-enter their orders taking into account the share consolidation.

		_______________________

		Valorem Resources Inc. a annoncé une consolidation de ses actions ordinaires émises et en circulation sur la base d'une (1) action ordinaire post-consolidée pour trente cinq (35) actions ordinaires pré-consolidées.

		En conséquence, les actions en circulation de la société seront réduites à environ 2 800 357&nbsp; actions ordinaires.

		Le nom et le symbole ne changeront pas.

		Veuillez noter que tous les ordres ouverts seront annulés à la fermeture des bureaux le 21 juillet 2022. Il est rappelé aux concessionnaires de saisir à nouveau leurs ordres en tenant compte du regroupement d'actions.
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<tr>
<td >

						Trading on a Consolidated Basis/Négociation sur une base consolidée:
</td>
<td >

						le 22 juillet/July 2022
</td>
</tr>
<tr>
<td >

						Record Date/Date d’enregistrement:
</td>
<td >

						le 25 juillet/July 2022
</td>
</tr>
<tr>
<td >

						Symbol/Symbole:
</td>
<td >
					VALU</td>
</tr>
<tr>
<td >

						NEW/NOUVEAU CUSIP:
</td>
<td >
					92026P 20 0</td>
</tr>
<tr>
<td >

						NEW/NOUVEAU ISIN:
</td>
<td >
					CA 92026P 20N0 8</td>
</tr>
<tr>
<td >

						Old/Vieux CUSIP &amp; ISIN:
</td>
<td >
					92026P101/CA92026P1018</td>
</tr>
</tbody>
</table>

		If you have any questions or require further information please contact Listings at&nbsp;(416) 367-7340&nbsp;or E-mail:&nbsp;<a href="mailto:Listings@thecse.com">Listings@thecse.com</a>

		Pour toute question ou information complémentaire, veuillez contacter Listings au 416 367-7340 ou par courriel à: <a href="mailto:Listings@thecse.com">Listings@thecse.com</a>
</article>

Avanti Gold Corp.

2022-0727 – Consolidation - Valorem Resources Inc. (VALU)

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