Valkea Cancels Non-Brokered Private Placement

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

FOR IMMEDIATE RELEASE November 21, 2025

NOT FOR DISSEMINATION IN THE UNITED STATES

OR FOR DISTRIBUTION TO U.S. WIRE SERVICES

VALKEA CANCELS NON-BROKERED PRIVATE PLACEMENT

Vancouver, British Columbia – November 21, 2025– Valkea Resources Corp. (the “Company” or “Valkea”)

(TSX.V: OZ) (OTCQB: OZBKF) announces that, further to its news release dated October 21, 2025, it will no

longer be proceeding with the previously announced non -brokered private placement pursuant to the

Listed Issuer Financing exemption under Part 5A of National Instrument 45-106 – Prospectus Exemptions.

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

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

anticipated; and the state of the financial markets for the Company'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 opinions;

infrastructure risks, including access to water and power; environment al 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 -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 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.