en.Wedoany.com Reported - Valkea Resources Corp. announced on June 4, 2026, that it has entered into an agreement with Beacon Securities Limited for a "best efforts" private placement, planning to issue up to 20,000,000 common shares at an offering price of C$0.40 per share, for aggregate gross proceeds of up to C$8,000,000.

In addition, the company has granted the agent an option, exercisable in whole or in part within 48 hours prior to the closing date, to sell up to an additional 5,000,000 common shares at the offering price, raising additional proceeds of up to C$2,000,000.

The company intends to use the net proceeds from the offering for the exploration and development of projects in the Central Lapland Greenstone Belt in northern Finland, as well as for working capital and general corporate purposes.

The offering is being conducted under the listed issuer financing exemption provided in Part 5A of National Instrument 45-106, and is offered to residents of Canadian provinces and/or other eligible jurisdictions.

Offering documents related to this issuance were published on June 4, 2026, and are available on the company's profile on SEDAR+ and on the company's website.

The company has agreed to pay the agent a cash fee equal to 6.0% of the gross proceeds of the offering (reduced to 3.0% for certain orders) and to issue compensation options entitling the agent to purchase common shares equal to 6.0% of the number of common shares issued in the offering (reduced to 3.0% for certain orders), at an exercise price of C$0.60 per share, for a period of 12 months from the closing date of the offering.

The offering is expected to close on or about June 16, 2026, subject to all necessary regulatory approvals, including conditional acceptance from the TSX Venture Exchange. Since the offering is completed under the listed issuer financing exemption, the common shares issued will not be subject to a hold period.

These securities have not been and will not be registered under the U.S. Securities Act of 1933, as amended, or any U.S. state securities laws, and may not be offered or sold within the United States unless an exemption from such registration is available.

Valkea Resources Corp. is a mineral exploration company focused on a portfolio of projects in the Central Lapland Greenstone Belt in northern Finland, developing proprietary regional geological models and advancing gold and base metal targets using proven exploration methods.

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