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Valkea Announces Private Placement of up to $2.5 Million
NOT FOR DISSEMINATION IN THE UNITED STATES OR FOR DISTRIBUTION TO U.S. WIRE SERVICES Vancouver,...
About this update from Valkea Resources Corp
[{"type":"text","content":"Valkea Announces Private Placement of up to $2.5 MillionNOT FOR DISSEMINATION IN THE UNITED STATES OR FOR DISTRIBUTION TO U.S. WIRE SERVICESVancouver, British Columbia--(Newsfile Corp. - December 24, 2025) - Valkea Resources Corp. (TSXV: OZ) (OTCQB: OZBKF) (the \"Company\" or \"Valkea\") is pleased to announce a non-brokered private placement of up to 10,000,000 units of the Company (the \"Units\") at a price of C$0.25 per Unit for aggregate gross proceeds of up to C$2,500,000 (the \"Private Placement\"). Each Unit will be comprised of one common share of the Company (a \"Share\") and one-half of one Share purchase warrant (each whole Share purchase warrant, a \"Warrant\"). Each Warrant will entitle the holder to purchase one Share at an exercise price of C$0.35 for a period of 36 months following the date of issuance.The Private Placement is expected to close on or about January 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 \"TSXV\"). 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 finder's fees in connection with the Private Placement in accordance with the policies of the TSXV.The Company plans to use the net proceeds from the Private Placement for exploration and working capital purposes.This news release does not constitute an offer to sell or a solicitation of an offer to buy nor shall there be any sale of any of the securities in the United States or in any jurisdiction in which such offer, solicitation or sale would be unlawful. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the \"1933 Act\"), or any state securities laws and may not be offered or sold within the United States or to, or for account or benefit of, U.S. Persons (as defined in Regulation S under the 1933 Act) unless registered under the 1933 Act and applicable state securities laws, or an exemption from such registration requirements is available.About Valkea Resources Corp.Valkea is at the forefront of gold exploration in Finland's highly prospective Central Lapland Greenstone Bel...