Valkea Raises C$2.5M in Private Placement Financing

Strategic Investor Michael Gentile and Other Cornerstone Investors Maintain Their Holdings

Vancouver, British Columbia--(Newsfile Corp. - January 14, 2026) - Valkea Resources Corp. (TSXV: OZ) (OTCQB: OZBKF) (the "Company" or "Valkea") is pleased to announce that, further to it's news releases dated December 24, 2025, it has closed the non-brokered private placement (the "Financing") for gross proceeds of C$2.5 million.

In relation to the financing, a total of 10,000,000 units of the Company (the "Units") were issued at a price of $0.25 per Unit. Each Unit is comprised of one common share of the Company (a "Share") and one-half of one common share purchase warrant (each whole common share purchase warrant, a "Warrant") of the Company. Each Warrant will entitle the holder to purchase one common share of the Company at an exercise price of C$0.35 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% positions," commented Chris Donaldson, CEO 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 cash and issued 198,000 finders warrants for the Company (the "Finders Warrants") to eligible arm's length finders. Each non-transferrable Finders Warrant entitles the finder to purchase one common share of the Company (a "Finder Warrant Share") at a price of $0.35 per Finder Warrant Share until January 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 ("MI 61-101"). 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 $2,500,000.