Vancouver, B.C., November 23, 2018 – ValOro Resources Inc. (TSX-V: VRO) is pleased to announce that Madam Justice Matthews of the BC Supreme Court issued an order today authorizing ValOro to call a special general meeting of its shareholders to consider and, if appropriate, approve by a special resolution the friendly merger of ValOro and Defiance Silver Corp. (TSX-V: DEF). Due to unexpected delays in printing and mailing of the proxy materials, the meeting will be held on Wednesday, December
19, 2018.