Valkea arranges $2.5-million private placement

Executive Summary

• Valkea Resources Corp. has arranged a non-brokered private placement of up to 10 million units at $0.25 per unit, raising up to $2.5 million in gross proceeds.
• Each unit consists of one common share and one-half of one share purchase warrant, with warrants exercisable at $0.35 per share for 36 months.
• Net proceeds will be utilized for exploration and working capital purposes, with closing expected around January 15, 2026, subject to regulatory approvals.

Key Details

• Transaction Structure: Non-brokered private placement of up to 10,000,000 units.
• Price: $0.25 per unit.
• Gross Proceeds: Up to $2,500,000.
• Unit Composition: Each unit comprises one common share and one-half of one share purchase warrant.
• Warrant Terms:
  • Exercise Price: $0.35 per share.
  • Duration: 36 months from the date of issuance.
  • Entitlement: Each warrant allows the holder to purchase one share.
• Use of Proceeds: Exploration and working capital.
• Closing Date: Expected on or about January 15, 2026.
• Conditions: Subject to receipt of necessary regulatory and other approvals, including TSX Venture Exchange approval.
• Hold Period: Securities are subject to a four-month hold period from the date of issuance.
• Fees: The company may pay finders' fees in accordance with TSX-V policies.