Business
Joint Press Release of Future Fuels Inc. and ValOre Metals Corp. – Future Fuels Inc. Enters Into Agreement to Acquire Hatchet Uranium Corp.
VANCOUVER, British Columbia, Feb. 26, 2026 (GLOBE NEWSWIRE) -- Future Fuels Inc. (TSXV: FTUR; FSE: S0J) (“Future Fuels”) and ValOre Metals Corp. (“ValOre”) (TSXV: VO; OTCQB: KVLQF; Frankfurt: KEQ0) are pleased to announce that Future Fuels, Hatchet Uranium Corp. (“HUC”), a 51% owned subsidiary of ValOre, and 1564470 B.C. Ltd. (“Subco”), a wholly-owned subsidiary of Future Fuels, have entered into an amalgamation agreement (the “Amalgamation Agreement”), pursuant to which Future Fuels has agreed
About this update from Valore Metals Corp.
[{"type":"image","alt":"ValOre Metals Corp.","displaySize":"","headline":null,"caption":"ValOre Metals Corp.","className":"","disableSlideshowImg":false,"size":{"original":{"width":300,"height":88,"url":"https://media.zenfs.com/en/globenewswire.com/9f8fd930799b5604f75adc9dfe5c7644"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/YTFj91exd.U.U9fHHKJvdw--/YXBwaWQ9aGlnaGxhbmRlcjt3PTQyMDtoPTEyMztjZj13ZWJw/https://media.zenfs.com/en/globenewswire.com/9f8fd930799b5604f75adc9dfe5c7644","width":300,"height":88}},"lazy":false},{"type":"text","content":"VANCOUVER, British Columbia, Feb. 26, 2026 (GLOBE NEWSWIRE) -- Future Fuels Inc. (TSXV: FTUR; FSE: S0J) (“Future Fuels”) and ValOre Metals Corp. (“ValOre”) (TSXV: VO; OTCQB: KVLQF; Frankfurt: KEQ0) are pleased to announce that Future Fuels, Hatchet Uranium Corp. (“HUC”), a 51% owned subsidiary of ValOre, and 1564470 B.C. Ltd. (“Subco”), a wholly-owned subsidiary of Future Fuels, have entered into an amalgamation agreement (the “Amalgamation Agreement”), pursuant to which Future Fuels has agreed to acquire all of the issued and outstanding securities of HUC by way of a three-cornered amalgamation under the Business Corporations Act (British Columbia) (the “Acquisition”). Upon completion of the Acquisition, the amalgamated entity will continue as a wholly-owned subsidiary of Future Fuels and is expected to change its name to “Future Fuels Athabasca Inc.”.","length":865,"tagName":"p"},{"type":"text","content":"Rob Leckie, Chief Executive Officer and a director of Future Fuels, commented: “The acquisition of HUC strengthens Future Fuels' existing portfolio of prospective uranium exploration properties. HUC's assets sit in the world class Athabasca Basin and are proximal to both existing uranium mines, and recent exploration discoveries, making them exciting targets for further work. We look forward to planning the next steps in exploring this prospective land package.”","length":474,"tagName":"p"},{"type":"text","content":"Jim Paterson, Chairman of ValOre Metals Corp. and director of HUC, commented “We are very happy to become significant shareholders of Future Fuels. This transaction creates a powerhouse in the Canadian uranium exploration sector, with a strong team, a large and prospective project portfolio, and a highly financeable corporate structure. These attributes will help attract capital and drive...