Mr. Chris Donaldson reports

VALKEA RAISES C$2.5M IN PRIVATE PLACEMENT FINANCING

Further to the news release dated Dec. 24, 2025, Valkea Resources Corp. has closed the non-brokered private placement for gross proceeds of $2.5-million.

In relation to the financing, a total of 10 million units of the company were issued at a price of 25 cents per unit. Each unit is composed of one common share of the company and one-half of one common share purchase warrant of the company. Each warrant will entitle the holder to purchase one common share of the company at an exercise price of 35 cents for a period of 36 months following the closing date of the financing.

"We are very pleased to close this $2.5-million financing with strong participation from our existing shareholders, including key holders maintaining their 9.9-per-cent positions," commented Chris Donaldson, chief executive officer and executive chairman. "This level of support reflects continued confidence in Valkea's strategy and our Central Lapland gold portfolio. With cash in the bank, Valkea is well positioned to launch 2026 focused on execution and advancing our exploration efforts across Central Lapland, Finland."

In connection with the financing, the company paid finders' fees of $49,500 in cash and issued 198,000 finders' warrants for the company to eligible arm's-length finders. Each non-transferable finder's warrant entitles the finder to purchase one common share of the company at a price of 35 cents per finder's warrant share until Jan. 14, 2029.

The securities issued in connection with the financing are subject to a four-month-and-one-day hold period under applicable Canadian securities laws. Closing of the financing is subject to final approval of the TSX Venture Exchange.

Directors and officers of the company subscribed for an aggregate of 220,500 units for gross proceeds of $55,000 under the financing. Participation by insiders of the company in the financing constitutes a related-party transaction as defined under Multilateral Instrument 61-101 (Protection of Minority Security Holders in Special Transactions). The issuance of securities is exempt from the formal valuation requirements of Section 5.4 of MI 61-101 pursuant to Subsection 5.5(b) of MI 61-101 as the common shares of the company are listed on the TSX Venture Exchange. The issuance of securities is also exempt from the minority approval requirements of Section 5.6 of MI 61-101 pursuant to Subsection 5.7(1)(b) of MI 61-101 as the fair market value was less than $2.5-million.

Proceeds from the financing will be used for exploration of the company's flagship Paana project and working capital purposes.

Option grant

The company also announces that it has granted an aggregate of one million stock options to certain consultants of the company. Each option is exercisable to acquire one common share of the company at a price of 40 cents per share for a period of five years 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.