A Recent acquisition by CPS Capital. JP is a large holder and copper futures has gained 35% over the last year - as measured by the HGc1 COMEX Copper Composite Commodity Futures.
There will be a cap raising later, however company is undervalued with respect to peers.
Valor Resources Limited (“Valor” or the “Company”) is very pleased to announce it has entered into a definitive agreement (the “Agreement”) to acquire 100% of the Berenguela Copper-Silver-Manganese Project (“the Berenguela Project”) from Silver Standard Resources Inc. (NASDAQ: SSRI) (“Silver Standard”). Under the terms of the Agreement Valor and Silver Standard will form a Strategic Alliance with Silver Standard continuing to support and assist in the development of the Berenguela Project.
