June 6 (Reuters) - ValOre Metals Corp VO.V :
* VALORE PROVIDES UPDATE ON PEDRA BRANCA TRANSACTION
* VALORE METALS CORP - AGREED TO ACQUIRE PEDRA BRANCA PROJECT IN BRAZIL FROM JANGADA MINES PLC
* VALORE METALS CORP - PLANS EQUITY FINANCING FOR GROSS PROCEEDS OF NOT LESS THAN C$3.0 MILLION TO FUND TRANSACTION COSTS OF ACQUISITION
* VALORE METALS CORP - UPON CLOSING OF ACQUISITION, JANGADA WILL HAVE RIGHT TO APPOINT UP TO 2 MEMBERS TO VALORE'S BOARD OF DIRECTORS