Mr. Chris Donaldson reports

VALKEA RAISES C$4.1M IN PRIVATE PLACEMENT

Further to the news releases dated June 4 and June 17, 2025, Valkea Resources Corp. has closed its non-brokered private placement of units of the company for gross proceeds of $4.1-million.

As a result of his participation in the financing, leading strategic junior mining investor Michael Gentile now holds approximately 9.9 per cent of the issued and outstanding common shares in the capital of the company, on a partially diluted basis, immediately following the closing of the financing, and has joined as an adviser. 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, Northern Superior Resources, Ongold, Radisson Mining Resources, Roscan Gold and Solstice Gold and a strategic adviser to NorthIsle Copper and Gold.

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 per cent 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 adviser -- 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, chief executive officer. "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."

Financing close

Pursuant to the financing, a total of 16.4 million units were issued at a price of 25 cents per unit. Each unit is composed of one share and one-half of one share purchase warrant of the company.

"We're thrilled with the momentum building at Valkea as we gear up for an active summer exploration season," commented Mr. 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 heart 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 35 cents until Dec. 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, or other such Canadian stock exchange on which the shares are then principally traded, equals or exceeds 50 cents per share for a period of 10 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 $70,500 in cash and issued 282,000 finders' warrants of the company to eligible arm's-length finders. Each finder's warrant entitles the finder to purchase one share at a price of 25 cents per finder's warrant share until Dec. 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.

Option grant

The company also announces that it has granted an aggregate of 1,765,000 stock options of the company to certain directors, officers, employees and consultants of the company. Each option is exercisable to acquire one share at a price of 30 cents per share for a period of five 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 TSX Venture Exchange.

About Valkea Resources Corp.

Valkea Resources 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 the 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.