Valkea Announces Non-Brokered Private Placement of up to $3 Million

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

FOR IMMEDIATE RELEASE June 4, 2025

NOT FOR DISSEMINATION IN THE UNITED STATES OR FOR DISTRIBUTION TO U.S. WIRE

SERVICES

VALKEA ANNOUNCES NON-BROKERED PRIVATE PLACEMENT

OF UP TO $3 MILLION

Vancouver, British Columbia – June 4, 2025– Valkea Resources Corp. (the “Company” or “Valkea”) (TSX.V:

OZ) (OTCQB: OZBKF) is pleased to announce a non- brokered private placement of up to 12,000,000

units of the Company (the “ Units”) at a price of C$0.25 per Unit for gross proceeds of up to

C$3,000,000 (the “Financing”). Each Unit is comprised of one common share of the Company (a

“Share”) and one -half of one common share purchase warrant (each whole common share

purchase warrant, a “Warrant”) of the Company.

Each Warrant will entitle the holder to purchase one common share of the Company at an exercise

price of C$0.35 for a period of 18 months following the closing date of the Financing, provided that,

if, following the date that is four months from the closing date of the Financing, the closing price of

the Shares on the TSX Venture Exchange (the “ TSXV”), or other such Canadian stock exchange on

which the Shares are then principally traded, equals or exceeds $0.50 per Share, for a period of ten

consecutive trading days during the exercise period, the Company may accelerate the expiry date of

the Warrants to the date which is 30 trading days from the date notice is given by the Company, by

way of dissemination of a news release, to the holders of the Warrants.

“We’re excited about the momentum building at Valkea as we prepare for an active exploration

season,” s a i d Chris Donaldson, CEO. “This financing allows us to advance our work at the Paana

Project and initiate exploration across our broader portfolio, with a focus on target generation and

early-stage discovery. We believe Finland’s Central Lapland Greenstone Belt holds significant

untapped potential, and we’re well positioned to unlock it.”

In connection with the Financing, the Company may pay finder’s fees up to 6% cash and up to 6% in

finder’s warrants to eligible finders. Closing of the Financing is subject to receipt of all necessary

approvals, including that of the Board of Directors and the TSXV

Proceeds from the Financing will be used for exploration and working capital purposes.

The securities offered have not been registered under the U.S. Securities Act of 1933, as amended,

and may not be offered or sold in the United States absent registration or an applicable exemption

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from the registration requirements. This press release shall not constitute an offer to sell or the

solicitation of an offer to buy nor shall there be any sale of the securities in any State in which such

offer, solicitation or sale would be unlawful.

All the securities issuable under the Financing will be subject to a four-month hold period from the

date of closing of the Financing.

About Valkea Resources

Valkea Resources 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 Resources is committed to discovering and advancing significant gold deposits in

one of the world’s emerging gold districts.

Contact Information

For more information please contact:

Chris Donaldson, Chief Executive Officer and Director

Tel: (604) 813-3931 | Email: [email protected]

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 to statements regarding the Company’s exploration plans.

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. Management believes that the

assumptions and expectations reflected in such forward-looking statements are reasonable. Assumptions have been

made regarding, among other things: the Company not receiving the necessary regulatory approvals in respect of

the Financing; recent market volatility; the inability of the Company to use the proceeds of the Financing as currently

a n ti c i p a t e d ; a n d t h e s t a t e o f t h e fi n a n c i a l m a r k e t s f o r t h e C ompany's securities . Readers are cautioned that the

foregoing list is not exhaustive of all factors and assumptions which may have been used.

Forward-looking statements are subject to known and unknown risks, uncertainties and other factors that may cause

actual results to be materially different from those expressed or implied by such forward-looking statements. Such

risks, uncertainties and other factors include but are not limited to: the Company’s early stage of development; the

fluctuation of the price of metals; the availability of additional funding as and when required; the speculative nature

of mineral exploration and development; the timing and ability to maintain and, where necessary, obtain necessary

permits and licenses; the uncertainty in geologic, hydrological, metallurgical and geotechnical studies and opin ions;

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infrastructure risks, including access to water and power; environmental risks and hazards; risks associated with

n e g a ti v e o p e r a ti n g c a s h fl o w ; a n d r i s k s a s s o c i a t e d w i t h d i l u ti o n . F o r a f u r t h e r d i s c u s s i o n o f r i s k s r e l e v a n t t o t h e

Company, see the Company’s other public disclosure documents.

Although management has attempted to identify important factors that could cause actual results to differ materially

from those contained in forward -l o o k i ng s t a t e me n t s , t he r e m a y be o t he r f a c t o r s t ha t c a us e r es ul t s no t t o be as

anticipated, estimated or intended. There is no assurance that forward-looking statements will prove to be accurate,

as actual results and future events could differ materially from those anticipated in such forward-looking statements.

Accordingly, readers should not place undue reli ance on forward -looking statements. The Company does not

undertake to update any forward-looking statements, except as, and to the extent required by, applicable securities

laws.