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VALKEA RESOURCES CORP - OZBKF STOCK NEWS

Welcome to our dedicated page for VALKEA RESOURCES news (Ticker: OZBKF), a resource for investors and traders seeking the latest updates and insights on VALKEA RESOURCES stock.

Outback Goldfields Corp (OZBKF) is an exploration mining company focusing on acquiring gold assets in the Central Lapland Greenstone Belt of Finland. Recently, the company announced the acquisition of S2 Resources' gold assets in the same region and the addition of Mr. George Salamis as a strategic and technical advisor. Mr. Salamis brings over 30 years of experience in the mining industry, having played key roles in significant M&A transactions and projects such as the Kittilä Mine, Europe's largest producing gold mine. With a commitment to advancing world-class gold projects and leveraging expertise like Mr. Salamis', Outback aims to make significant strides in the mining sector.

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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.

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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.

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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.

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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.

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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.

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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.

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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.

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FAQ

What is the current stock price of VALKEA RESOURCES (OZBKF)?

The current stock price of VALKEA RESOURCES (OZBKF) is $0.2205 as of December 13, 2024.

What is the market cap of VALKEA RESOURCES (OZBKF)?

The market cap of VALKEA RESOURCES (OZBKF) is approximately 9.2M.

What is Outback Goldfields Corp (OZBKF) focused on?

Outback is an exploration mining company acquiring gold assets in Finland's Central Lapland Greenstone Belt.

Who recently joined Outback as a strategic and technical advisor?

Mr. George Salamis, with over 30 years of experience in the mining industry, recently joined Outback to provide his expertise.

What significant project has Mr. George Salamis been involved in?

Mr. Salamis played a crucial role in developing the Kittilä Mine, Europe's largest producing gold mine.

What recent acquisition did Outback announce?

Outback recently announced the acquisition of S2 Resources' gold assets in the Central Lapland district of Finland.

What sets Outback apart in the mining sector?

Outback's commitment to acquiring world-class gold projects and leveraging experienced professionals like Mr. George Salamis sets them apart.

How does Outback plan to advance their gold projects?

Outback aims to leverage the expertise of Mr. Salamis and make significant strides in advancing their gold projects.

What is Outback's vision for the future?

Outback aims to become a prominent player in the mining sector by acquiring and developing top-tier gold assets.

Who is the CEO of Outback Goldfields Corp?

Chris Donaldson serves as the Chief Executive Officer of Outback Goldfields Corp.

What regions does Outback focus on for acquiring gold assets?

Outback focuses on acquiring gold assets in the Central Lapland Greenstone Belt of Finland.

What recent achievements has Outback celebrated?

Outback recently celebrated the acquisition of S2 Resources' gold assets and the addition of Mr. George Salamis as a strategic and technical advisor.

VALKEA RESOURCES CORP

OTC:OZBKF

OZBKF Rankings

OZBKF Stock Data

9.20M
11.31M
64.91%
7.75%
Gold
Basic Materials
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United States of America
Vancouver