Valkea Raises C$4.1M IN Private Placement

www.valkea.ca | 1

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

FOR IMMEDIATE RELEASE June 25, 2025

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

VALKEA RAISES C$4.1M IN PRIVATE PLACEMENT

- LEADING STRATEGIC JUNIOR MINING INVESTOR MICHAEL GENTILE

HAS BECOME A 9.9% SHAREHOLDER ON A PARTIALLY-DILUTED BASIS

AND WILL JOIN AS AN ADVISOR -

Vancouver, British Columbia – June 25, 2025– Valkea Resources Corp. (the “ Company” or “Valkea ”)

(TSX.V: OZ) (OTCQB: OZBKF) is pleased to announce that, further to it’s news releases dated June 4 and

June 17, 2025, it has closed its non-brokered private placement of units (“ Units”) of the Company (the

“Financing”) for gross proceeds of C$4.1 million.

As a result of his participation in the Financing , leading strategic junior mining investor, Michael Gentile,

now holds approximately 9.9% of the issued and outstanding common shares in the capital of the

Company (the “Shares”), on a partially -diluted basis, immediately following the closing of the Financing

and has joined as an advisor. Mr. Gentile is widely recognized as one of the leading investors in the junior

mining sector, with top five ownership positions in over 20 publicly traded exploration and mining

companies. He is also currently a director of Group Eleven Resources (TSX -V: ZNG), Northern Superior

Resources (TSX-V: SUP), OnGold (TSX -V: ONAU), Radisson Mining Resources (TSX -V: RDS), Roscan Gold

(TSX-V: ROS), and Solstice Gold (TSX-V: SGC), and a Strategic Advisor to Northisle Copper and Gold (TSX-V:

NCX).

In addition to Mr. Gentile, Primevest Capital Corp ., a specialty investment manager, and another high-

profile mining investor have also made significant strategic investments in the Financing, and now each

hold approximately 9.9% of the issued and outstanding Shares, on a partially-diluted basis, immediately

following the closing of the Financing.

“Bringing Michael Gentile on board as an advisor—and welcoming him as a cornerstone shareholder along

with significant investments from other shareholders, including Primevest, is a real validation for our

projects and strengthens our shareholder base ,” commented Chris Donaldson, CEO . “Michael’s deep

market insight, strategic vision, and shared commitment to responsible exploration, greatly enhance our

capacity for success. His involvement strengthens our leadership team and signals a strong vote of

confidence in our Finnish exploration agenda.”

www.valkea.ca | 2

FINANCING CLOSE

Pursuant to the Financing, a total of 16,400,000 Units were issued at a price of C$0.25 per Unit. Each Unit

is comprised of one Share and one -half of one Share purchase warrant (each whole Share purchase

warrant, a “Warrant”) of the Company.

“We’re thrilled with the momentum building at Valkea as we gear up for an active summer exploration

season,” commented Chris Donaldson. “This successful financing enables us to push ahead at the Paana

Project and follow-up on the strong results from our maiden program earlier this year . Valkea has a

dominant land position right in the hear t of the Central Lapland, adjacent to Europe’s largest gold

producing mine (Kittila-Agnico Eagle) and proximal to Rupert Resources’ Ikkari Project. Finland’s Central

Lapland Greenstone Belt offers significant untapped potential, and Valkea is well positioned to unlock that

value.”

Each Warrant will entitle the holder to purchase one Share at an exercise price of C$0.35 until December

24, 2026, 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 C$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.

In connection with the Financing, the Company paid finders fees of C$70,500 cash and issued 282 ,000

finders warrants of the Company (the “ Finders Warrants”) to eligible arm’s length finders . Each Finders

Warrant entitles the finder to purchase one Share (a “Finder Warrant Share”) at a price of $0.25 per Finder

Warrant Share until December 24, 2026.

The securities issued pursuant to and in connection with the Financing, including all securities issuable

upon exercise thereof, are subject to a four -month and one -day hold period under applicable Canadian

securities laws.

The net proceeds from the Financing will be used for exploration and working capital purposes.

The securities issued pursuant to and in connection with the Financing 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 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.

www.valkea.ca | 3

OPTION GRANT

The Company also announces that it has granted an aggregate of 1,765,000 stock options of the Company

(the “Options”) to certain directors, officers, employees, and consultants of the Company. Each Option is

exercisable to acquire one Share at a price of $0.30 per Share for a period of 5 years following the date of

grant, in accordance with the terms of the Company’s stock option plan. The Options are subject to

applicable regulatory approvals and any necessary hold periods as required by the TSXV.

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 r easonable. 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 anticipated; and the state of the financial markets for the 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; t he

timing and ability to maintain and, where necessary, obtain necessary permits and licenses; the uncertainty in geologic,

hydrological, metallurgical and geotechnical studies and opinions; infrastructure risks, including access to water and power;

www.valkea.ca | 4

environmental risks and hazards; risks associated with negative operating cash flow; and risks associated with dilution. For a

further discussion of risks relevant to the 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-looking statements, there may be other factors that cause results not to 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

reliance 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.