Valkea Resources Corp - OZBKF STOCK NEWS

Valkea Resources (TSXV: OZ) (OTCQB: OZBKF) has completed its Phase 1 drill program at the Paana Project near the Kittila Mine in Finland's Central Lapland Greenstone Belt. The program comprised over 2,000 metres of core drilling across six holes at the Aarnivalkea West target, focusing on investigating gold mineralization controls.

The drilling campaign included four systematic step-out holes on 25 to 50 metre centres in the southern area and two step-out holes in the northern extent. The company expects to receive assay results in February, after which it will generate an updated structural and geological model to guide the next phase of exploration planned for later in 2025.

The Paana Project is strategically located 24 km northwest of Agnico Eagle's Kittilä mine (Europe's largest gold producer) and adjacent to Kinross Gold's exploration tenements. The project benefits from strong local infrastructure and a supportive regulatory environment.

Valkea Resources Corp. (TSXV: OZ) (OTCQB: OZBKF) announced the results of its Annual General Meeting, where shareholders approved all items of business. The company elected five directors to its board, including George Salamis as Independent Lead Director. Salamis brings over 30 years of mining industry experience, notably as Vice President of Riddarhyttan Resources AB where he advanced the Kittilä Mine before its sale to Agnico Eagle in 2006. He also co-led the successful C$590 million sale of Integra Gold Corp. to Eldorado Gold as Executive Chairman. D&H Group LLP was reappointed as the company's auditor.

Valkea Resources Corp (TSXV: OZ) (OTCQB: OZBKF) has signed a definitive agreement with S2 Resources Corp granting them an option to acquire up to 80% interest in Valkea's Australian properties: Yuengroon, Ballarat West, and Silver Spoon tenements in Victoria. Under the agreement terms, S2 must sole-fund expenditures of A$1.2 million within four years to earn the 80% interest, while Valkea retains 20%. If either party's joint venture interest falls below 10%, it converts to a 2% net smelter return royalty.

The agreement requires TSX Venture Exchange approval and Ministerial approval under Victoria's Mineral Resources Act. The option was previously approved by disinterested shareholders at a special meeting on September 3, 2024, satisfying TSX-V and MI 61-101 requirements.

Valkea Resources Corp. (TSXV: OZ) (OTCQB: OZBKF) has announced its annual general meeting scheduled for December 19, 2024, at 3:00 p.m. (PST) in Vancouver. The meeting agenda includes reviewing audited financial statements, setting the board size at five directors, electing directors, and appointing D&H Group LLP as auditor. Due to a postal workers' strike, meeting materials are available on SEDAR+ and the company's website. Shareholders can obtain materials through Odyssey Trust Company or directly from the company via email.

Valkea Resources Corp. announced the commencement of trading on the OTCQB® Venture Market under the ticker symbol OZBKF on November 14, 2024. The company will maintain its listing on the TSX Venture Exchange under the symbol OZ. This development follows the completion of their Finnish asset transaction and coincides with the launch of their maiden exploration program on the Paana gold project. The OTCQB listing aims to enhance visibility and accessibility for U.S. and global investors, potentially improving liquidity and expanding their shareholder base.

Valkea Resources Corp. (TSXV: OZ), formerly Outback Goldfields Corp., has announced that its common shares will begin trading on the TSX Venture Exchange under the ticker symbol "OZ" on September 27, 2024. This follows the completion of a Reverse Takeover transaction, which involved the acquisition of Sakumpu Exploration Oy from S2 Resources and Norse Exploration Pty

CEO Chris Donaldson expressed excitement about the acquisition of projects in Northern Finland and the resumption of trading on the TSXV. The company is finalizing its upcoming field program and budget, with further details expected to be announced in the coming weeks. The Transaction has received all final approvals, including that of the TSXV. At the commencement of trading, Valkea Resources will have 32,245,702 issued and outstanding common shares.

Outback Goldfields Corp. welcomes George Salamis as a strategic advisor, who brings extensive experience in the Central Lapland district. The company is acquiring S2 Resources' gold assets in Finland and Mr. Salamis will provide valuable expertise in advancing the projects.

On December 2, 2021, Outback Goldfields Corp. (CSE: OZ, OTCQB: OZBKF) announced that CEO Chris Donaldson will present at VirtualInvestorConferences.com on December 9th, 2021, at 4 PM ET. This live online event will allow investors to engage with the company in real-time, with an archived webcast available afterward. Outback Goldfields focuses on high-grade gold exploration in the Victorian Goldfields, Australia, with four properties covering 1,100 hectares, adjacent to Kirkland Lake Gold’s Fosterville mine.