Mr. Chris Donaldson reports
VALKEA ANNOUNCES PRIVATE PLACEMENT OF UP TO $2.5 MILLION
Valkea Resources Corp. has arranged a non-brokered private placement of up to 10 million units of the company at a price of 25 cents per unit for aggregate gross proceeds of up to $2.5-million.
Each unit will comprise one common share of the company and one-half of one share purchase warrant. Each warrant will entitle the holder to purchase one share at an exercise price of 35 cents for a period of 36 months following the date of issuance.
The private placement is expected to close on or about Jan. 15, 2026. Closing of the private placement is subject to certain conditions including, but not limited to, the receipt of all necessary regulatory and other approvals, including the approval of the TSX Venture Exchange. The securities issued pursuant to and in connection with the private placement will be subject to a four-month hold period from the date of issuance.
The company may pay finders' fees in connection with the private placement in accordance with the policies of the TSX-V.
The company plans to use the net proceeds from the private placement for exploration and working capital purposes.
About Valkea Resources Corp.
Valkea is at the forefront of gold exploration in Finland's highly prospective Central Lapland greenstone belt (CLGB). With an extensive portfolio of high-potential projects, including the flagship Paana project, Valkea is committed to discovering and advancing significant gold deposits in one of the world's emerging gold districts.
We seek Safe Harbor.
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