Valkea Announces Private Placement of up to $2.5 Million
TMX Newsfile·2025-12-24 12:30

Core Viewpoint - Valkea Resources Corp. is initiating a non-brokered private placement to raise up to C$2,500,000 through the issuance of 10,000,000 units at a price of C$0.25 per unit [1][4] Group 1: Private Placement Details - Each unit consists of one common share and one-half of a share purchase warrant, with each whole warrant allowing the purchase of one share at C$0.35 for 36 months [2] - The private placement is expected to close around January 15, 2026, pending necessary regulatory approvals, including from the TSX Venture Exchange [3] - The company may pay finder's fees in accordance with TSXV policies and plans to use the net proceeds for exploration and working capital [4] Group 2: Company Overview - Valkea Resources is focused on gold exploration in Finland's Central Lapland Greenstone Belt, with a portfolio that includes the flagship Paana project [6]