Valor Energy raises about $5 million in private placement
VAI•Valor Energy closed a private placement on November 9, 2026, raising approximately $5 million in gross proceeds. Net proceeds are intended for AI data center project development, working capital and general corporate purposes.
1. Private placement details
Valor Energy closed the placement under an October 19 agreement covering up to 2,145,923 common shares at $2.33 per share. The company plans to use net proceeds for AI data center project development, working capital and general corporate purposes.
