On November 7, 2012, Valor Gold Corp. (the “Company”) sold an aggregate of 1,275,000 units (the “Units”) with gross proceeds to the Company of $510,000 to certain accredited investors pursuant to a subscription agreement. On October 29, 2012, Valor Gold Corp. sold an aggregate of 1,750,000 units with gross proceeds to the Company of $700,000 to certain accredited investors pursuant to a subscription agreement.

Each Unit was sold for a purchase price of $0.40 per Unit and consisted of: (i) one share of the Company’s common stock, $0.0001 par value per share (the “Common Stock”) and (ii) a five-year warrant to purchase seventy-five (75%) percent of the number of shares of Common Stock purchased at an exercise price of $0.55 per share, subject to adjustment upon the occurrence of certain events such as stock splits and dividends. Palladium Capital Advisors acted as placement agent for the transaction.

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