Valkea Resources to Commence Listing ON the TSX Venture Exchange

www.valkea.ca | 1

TSX.V: OZ | FSE: S600

FOR IMMEDIATE RELEASE September 25, 2024

VALKEA RESOURCES TO COMMENCE LISTING

ON THE TSX VENTURE EXCHANGE

Vancouver, British Columbia – September 25, 2024 – Valkea Resources Corp. (formerly Outback

Goldfields Corp.) (the “Company” or “Valkea”) (TSX.V: OZ) is pleased to announce that at the opening of

the market on September 27 , 2024, the Company’s common shares will commence trading on the TSX

Venture Exchange (the “TSXV”) under the ticker symbol “OZ”.

“We are thrilled to have completed the acquisition of our projects in Northern Finland and are resuming

trading on the TSX Venture Exchange on Friday,” commented Chris Donaldson, CEO of Valkea Resources.

“I’d like to thank the team at Valkea who have worked tirelessly to get the deal and financing over the line,

and am confident that we have set the Company in a new and exciting direction with tremendous potential

to increase shareholder value. We are currently finalizing our upcoming field program and budget and

expect to announce further details in the coming weeks.”

On September 18, 2024, the Company announced the closing of its Reverse Takeover (as defined in TSXV

Policy 5.2) (the “Transaction”). The Transaction was completed pursuant to the terms of a share purchase

agreement dated May 9, 2024 (the “ Share Purchase Agreement”) between the Company, S2 Resources

Ltd. and Norse Exploration Pty Ltd. Pursuant to the Share Purchase Agreement, the Company acquired all

of the issued and outstanding shares of Sakumpu Exploration Oy. The Transaction has now received all

final approvals, including that of the TSXV. The total number of issued and outstanding common shares

of the Company at the commencement of trading will be 32,245,702.

About Valkea Resources

Valkea Resources (formerly Outback Goldfields) 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 our flagship Paana project, Val kea 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]

www.valkea.ca | 2

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 commencement of trading on the TSXV.

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 benefits of

the Acquisition and the Offering; the Company’s ability to carry on exploration and development activities;

the timely receipt of required approvals; the price of metals; the integration of assets acquired by the

Company; and the Company’s ability to obtain financing as and when required and on reasonable terms.

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; 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.