Mr. Chris Donaldson reports
VALKEA RESOURCES TO COMMENCE LISTING ON THE TSX VENTURE EXCHANGE
At the opening of the market on Sept. 27, 2024, Valkea Resources Corp.'s (formerly Outback Goldfields Corp.) common shares will commence trading on the TSX Venture Exchange 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, chief executive officer 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 Sept. 18, 2024, the company announced the closing of its reverse takeover (as defined in TSX-V Policy 5.2). The transaction was completed pursuant to the terms of a share purchase agreement dated May 9, 2024, 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 received all final approvals, including that of the TSX-V. 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 Corp.
Valkea Resources (formerly Outback Goldfields) is at the forefront of gold exploration in Finland's highly prospective central Lapland greenstone belt. With an extensive portfolio of high-potential projects, including its flagship Paana project, Valkea Resources is committed to discovering and advancing significant gold deposits in one of the world's emerging gold districts.
We seek Safe Harbor.
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