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TSX.V: OZ | OTCQB: OZBKF | FSE: 4A7

Valkea Grants Deferred Share Units to Independent Directors

Vancouver, British Columbia - October 2, 2026 - Valkea Resources Corp. (TSX-V: OZ, OTCQB-OZBKF, FSE-4A7) (the Company or "Valkea") announces that it has granted an aggregate of 89,286 deferred share units (the "DSUs") to certain independent directors of the Company, in accordance with its omnibus incentive plan, which was re-approved by the Company's shareholders at the Company's last annual general meeting on December 3, 2025. The DSUs vest 100% 12 months from the date of grant.

The Company believes that DSUs are an effective way to compensation its independent directors while allowing the Company to conserve its cash for its operations.

About Valkea

Valkea Resources is a geoscience-led exploration company focused on making new gold and base metals discoveries in Northern Finlandʼs prospective Central Lapland Greenstone Belt. Its 350 km2 land package includes six principal project areas that span highly prospective regional geological structures. The Companyʼs leadership and technical team include key contributors to the multimillion-ounce Ikkari gold discovery made in 2020. Work is underway to make a new discovery using the same systematic and disciplined approach to identifying targets with the best potential for meaningful size and the possibility of becoming mines of the future.

Contact Information

For more information please contact: Thomas Credland, President, Chief Executive Officer and Director Tel: +44 7775 501 431 | Email: tcredland@valkearesources.com

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Forward Looking Statements

This news release contains forward-looking statements or forward-looking information relating to the future operations of the Company and other statements that are not historical facts. Forward-looking statements in this news release include but are not limited; statements about the use of the net Forward-looking statements are based on the reasonable assumptions, estimates, analyses and opinions of management made in light of its experience and its perception of trends, current conditions and expected developments, as well as other factors that management believes to be relevant and reasonable in the circumstances at the date that such statements are made, but which may prove to be incorrect.