Val-D'Or Mining Signs Exploration Agreement with the Matachewan First Nation and Mattagami First Nation (Wabun Tribal Council)
Val-D'Or Mining (OTCQB: VDOMF) signed an Exploration Agreement dated October 15, 2025 with Matachewan First Nation and Mattagami First Nation (Wabun Tribal Council) covering exploration on the Company’s operational areas in northeastern Ontario's Abitibi Greenstone Belt.
The agreement sets consultation and impact-mitigation terms, promises contracts, jobs and training during exploration, and provides for, subject to TSX Venture Exchange approval, issuance of 50,000 common shares and 50,000 incentive stock options (exercise price $0.085, five-year term) to each First Nation. The agreement remains until an Impact Benefit Agreement is concluded. A signing ceremony will be scheduled in Timmins, Ontario.
Val-D'Or Mining (OTCQB: VDOMF) ha firmato un Accordo di esplorazione datato al 15 ottobre 2025 con Matachewan First Nation e Mattagami First Nation (Wabun Tribal Council) che copre l'esplorazione nelle aree operative dell'azienda nella Cintura verde di Abitibi nel nord-est dell'Ontario.
L'accordo stabilisce termini di consultazione e mitigazione degli impatti, promette contratti, posti di lavoro e formazione durante l'esplorazione e prevede, previa approvazione della TSX Venture Exchange, l'emissione di 50.000 azioni ordinarie e 50.000 opzioni di azioni di incentivo (prezzo di esercizio 0,085$, validità di cinque anni) per ogni First Nation. L'accordo resta in vigore finché non viene concluso un Impact Benefit Agreement. Una cerimonia di firma sarà organizzata a Timmins, Ontario.
Val-D'Or Mining (OTCQB: VDOMF) firmó un Acuerdo de exploración fechado el 15 de octubre de 2025 con Matachewan First Nation y Mattagami First Nation (Wabun Tribal Council) que cubre la exploración en las áreas operativas de la compañía en la Cintura verde de Abitibi, en el noreste de Ontario.
El acuerdo establece términos de consulta y mitigación de impactos, promete contratos, empleos y capacitación durante la exploración y prevé, sujeto a la aprobación de la TSX Venture Exchange, la emisión de 50.000 acciones comunes y 50.000 opciones de acciones de incentivo (precio de ejercicio 0,085$, plazo de cinco años) para cada First Nation. El acuerdo permanece vigente hasta que se concluya un Impact Benefit Agreement. Se planificará una ceremonia de firma en Timmins, Ontario.
Val-D'Or Mining (OTCQB: VDOMF)가 탐사 협정을 2025년 10월 15일자로 Matachewan First Nation 및 Mattagami First Nation(Wabun Tribal Council)과 체결하여 북동부 온타리오의 Abitibi Greenstone Belt에 위치한 회사의 운영 지역에서의 탐사를 다룹니다.
협정은 협의 및 영향 완화 조건을 설정하고, 탐사 중 계약, 일자리 및 교육을 약속하며, TSX Venture Exchange의 승인을 조건으로 각 First Nation에 50,000주 보통주 및 50,000주 인센티브 주식 옵션을 부여합니다(행사가격 0.085달러, 5년 유효). 협정은 Impact Benefit Agreement가 체결될 때까지 유지됩니다. 서명식은 온타리오 주 팀민스에서 예정되어 있습니다.
Val-D'Or Mining (OTCQB: VDOMF) a signé un Accord d'exploration daté du 15 octobre 2025 avec Matachewan First Nation et Mattagami First Nation (Wabun Tribal Council) couvrant l'exploration sur les zones opérationnelles de la société dans la ceinture verte d'Abitibi, au nord-est de l'Ontario.
L'accord fixe des termes de consultation et d'atténuation des impacts, promet des contrats, des emplois et de la formation pendant l'exploration et prévoit, sous réserve de l'approbation de la TSX Venture Exchange, l'émission de 50 000 actions ordinaires et 50 000 options d'actions d'incitation (prix d'exercice 0,085 $, durée de cinq ans) à chaque First Nation. L'accord reste en vigueur jusqu'à ce qu'un Impact Benefit Agreement soit conclu. Une cérémonie de signature sera organisée à Timmins, Ontario.
Val-D'Or Mining (OTCQB: VDOMF) hat am 15. Oktober 2025 eine Explorationsvereinbarung mit der Matachewan First Nation und der Mattagami First Nation (Wabun-Tribalrat) unterzeichnet, die die Erkundung in den Betriebsgebieten des Unternehmens im nordöstlichen Ontario in der Abitibi Greenstone Belt abdeckt.
Die Vereinbarung legt Beratungs- und Auswirkungen-Minderungskriterien fest, verspricht Verträge, Arbeitsplätze und Schulungen während der Exploration und sieht vor, vorbehaltlich der Genehmigung der TSX Venture Exchange, die Ausgabe von 50.000 Stammaktien und 50.000 Incentive-Stock-Optionen (Ausübungspreis 0,085 $, Laufzeit von fünf Jahren) an jede First Nation zu vergeben. Die Vereinbarung bleibt bestehen, bis ein Impact Benefit Agreement abgeschlossen wird. Eine Unterzeichnung wird in Timmins, Ontario, geplant.
Val-D'Or Mining (OTCQB: VDOMF) وقعت اتفاقية استكشاف بتاريخ 15 أكتوبر 2025 مع أمة ماتاشيون وأمة ميتاجامي (مجلس واابون القبلي) تغطي الاستكشاف في مناطق تشغيل الشركة في حزام Abitibi Greenstone في شمال شرق أونتاريو.
تحدد الاتفاقية شروط المشورة وتخفيف الأثر، وتوفر عقود وفرص عمل وتدريب خلال الاستكشاف، وتوفر، رهناً بموافقة TSX Venture Exchange، إصدار 50,000 سهماً عادياً و50,000 خيار أسهم تحفيزي (سعر الإضراب 0.085 دولار، مدة خمس سنوات) لكل أمة من الأمم. يظل الاتفاق سارياً حتى إبرام اتفاق منافع الأثر (Impact Benefit Agreement). ستُنظم مراسم التوقيع في تيمينز، أونتاريو.
- Formal Exploration Agreement with two First Nations dated Oct 15, 2025
- Commitment to local jobs, contracts, and training during exploration
- Support letter endorsing maiden drill program on the Baden Prospect
- Proposed issuance of 100,000 common shares could dilute shareholders
- Granting 100,000 stock options at $0.085 increases potential dilution
Val-D'Or, Québec--(Newsfile Corp. - November 24, 2025) - Val-D'Or Mining Corporation (TSXV: VZZ) (OTCQB: VDOMF) ("Val-D'Or Mining" or "the Company") is pleased to announce the signing of a milestone Exploration Agreement dated October 15, 2025 (the "Exploration Agreement") with the Matachewan First Nation (Matachewan FN) and Mattagami First Nation (Mattagami FN), members within the Wabun Tribal Council (WTC). The Exploration Agreement was signed by the three companies within the "Zed Zed Group": Val-D'Or Mining, Cleghorn Minerals Ltd., and International Prospect Ventures Ltd. The Exploration Agreement covers the Company's Operational Areas of Interest ("the Properties") within the First Nations' traditional lands, located in northeastern Ontario's Abitibi Greenstone Belt.
The Exploration Agreement outlines the terms on how consultation and impact mitigation on exploration activities will be conducted. It also delivers financial benefits, including contracts, jobs, and training opportunities during the exploration phase, for both current and future work programs across the property portfolio covered by the Exploration Agreement. Further, the Exploration Agreement provides that the Company will, subject to the approval of the TSX Venture Exchange, issue to each of Matachewan FN and Mattagami FN 50,000 common shares of the Company, and will also grant to each of Matachewan FN and Mattagami FN incentive stock options to acquire 50,000 shares of the Company at a per share price of
Michael Rosatelli, Senior Geological Consultant and Vice President Exploration of Val-D'Or Mining commented: "I'm deeply honoured to be part of this historic milestone, which stands as a powerful testament to what can be achieved when we unite around a shared vision. I extend my gratitude to Chief Batisse of the Matachewan First Nation and Chief Constant of the Mattagami First Nation, along with their respective Councils, the negotiating committee led by their Mineral Development Advisors, the Wabun Tribal Council, and the local community members. Your unwavering commitment, thoughtful collaboration, and dedication to fostering this agreement, grounded in mutual respect and attentive listening to the voices of elders and individual community members, have been truly inspiring."
This milestone represents the culmination of more than five years of relationship-building and dialogue between the Company and the Matachewan and Mattagami First Nations, and the Wabun Tribal Council, and establishes a strong foundation for on-going cooperation among all parties.
The Matachewan First Nation has provided a Support Letter to the Ontario Ministry of Mines endorsing the maiden drill program on the Company's Baden Prospect (see Val-D'Or Mining's October 21, 2025 press release), prior to permit issuance.
Val-D'Or Mining, and its joint venture partners, remain committed to responsible exploration and to delivering shared economic opportunities to the local communities. An official signing ceremony will be held at the Wabun Tribal Council offices in Timmins, Ontario. Details will be announced once confirmed.
About Val-D'Or Mining Corporation
Val-D'Or Mining Corporation is a junior natural resource issuer involved in the process of acquiring and exploring its diverse mineral property assets, most of which are situated in the Abitibi Greenstone Belt of NE Ontario and NW Québec. To complement its current property interests, the Company regularly evaluates new opportunities for staking and/or acquisitions. Outside of its principal regional focus in the Abitibi Greenstone Belt, the Company holds several other properties in Northern Québec (Nunavik) covering different geological environments and commodities (Ni-Cu-PGE's).
The Company has expertise in the identification and generation of new projects, and in early-stage exploration. The mineral commodities of interest are broad, and range from gold, copper-zinc-silver, nickel-copper-PGE to industrial and energy minerals. After the initial value creation in the
For additional information, please contact:
Glenn J. Mullan
2772 chemin Sullivan
Val-D'Or, Québec J9P 0B9
Tel.: 819-824-2808, x 204
Email: Glenn.Mullan@GroupZedZed.com
Forward-Looking Statements:
This news release contains certain statements that may be deemed "forward-looking statements. Forward-looking statements are statements that are not historical facts and are generally, but not always, identified by the words "expects", "plans", "anticipates", "believes", "intends", "estimates", "projects", "potential" and similar expressions, or that events or conditions "will", "would", "may", "could" or "should" occur. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or realities may differ materially from those in forward-looking statements. Forward-looking statements are based on the beliefs, estimates and opinions of the Company's management on the date the statements are made. Except as required by law, the Company undertakes no obligation to update these forward-looking statements in the event that management's beliefs, estimates or opinions, or other factors, should change.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/275603
FAQ
What did Val-D'Or Mining (VDOMF) agree with Matachewan FN and Mattagami FN on October 15, 2025?
How many shares and options will Val-D'Or Mining (VDOMF) issue to each First Nation?
Does the Exploration Agreement affect Val-D'Or Mining's Baden Prospect drilling plans?
How long will the Exploration Agreement remain in effect for VDOMF?
Will Val-D'Or Mining (VDOMF) hold a signing ceremony for the Exploration Agreement?
