Valkea Resources Announces Annual General Meeting

Vancouver, November 20, 2024 - Valkea Resources Corp. (TSXV: OZ) (OTCQB: OZBKF) (the "Company" or "Valkea") announced today that it will hold its annual general meeting (the "Meeting") on December 19, 2024 at Suite 600, 1111 West Hastings Street, Vancouver, British Columbia at 3:00 p.m. (PST). The following matters will be voted on at the Meeting:

1. receiving of the audited financial statements of the Company for the financial year ended June 30, 2024, and accompanying report of the auditor;

2. setting of the number of directors of the Company for the ensuing year at five persons;

3. electing directors of the Company to serve until the next annual general meeting of the shareholders; and

4. appointing D&H Group LLP as the auditor of the Company for the ensuing year and authorizing the directors to determine the remuneration to be paid to the auditor.

Due to the lockout of the Canadian Union of Postal Workers on November 15, 2024, the Company may be unable to mail the Notice and Access Notification, Information Circular, Proxy, VIF and NI Card (the "Meeting Materials") to its registered holders, or to deliver them to intermediaries for delivery to the beneficial owners. The Meeting Materials have been posted on SEDAR+ under the Company's profile at www.sedarplus.ca and on the Company's website at www.valkea.ca.

Registered shareholders and beneficial owners can obtain a copy of the Meeting Materials from the Company's SEDAR+ website at www.sedarplus.ca, by contacting Odyssey Trust Company at 1-888-290-1175 (toll-free within North America) or 1-587-885-0960 (direct from outside North America), or by contacting the Company at info@valkea.ca for delivery by email. Beneficial owners can obtain a copy of the voting instruction form from their intermediary.

About Valkea Resources

Valkea Resources is at the forefront of gold exploration in Finland's highly prospective Central Lapland Greenstone Belt. With an extensive portfolio of high-potential projects, including the flagship Paana project, Valkea Resources is committed to discovering and advancing significant gold deposits in one of the world's emerging gold districts.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Forward-Looking Statements

This news release contains forward-looking statements or forward-looking information relating to the future operations of the Company and other statements that are not historical facts.

Forward-looking statements are based on the reasonable assumptions, estimates, analyses and opinions of management made in light of its experience and its perception of trends, current conditions and expected developments, as well as other factors that management believes to be relevant and reasonable in the circumstances at the date that such statements are made, but which may prove to be incorrect. Management believes that the assumptions and expectations reflected in such forward-looking statements are reasonable. Assumptions have been made regarding, among other things: details regarding the Meeting. Readers are cautioned that the foregoing list is not exhaustive of all factors and assumptions which may have been used.

Forward-looking statements are subject to known and unknown risks, uncertainties and other factors that may cause actual results to be materially different from those expressed or implied by such forward-looking statements. Such risks, uncertainties and other factors include but are not limited to: the Company's early stage of development; the fluctuation of the price of metals; the availability of additional funding as and when required; the speculative nature of mineral exploration and development; the timing and ability to maintain and, where necessary, obtain necessary permits and licenses; the uncertainty in geologic, hydrological, metallurgical and geotechnical studies and opinions; infrastructure risks, including access to water and power; environmental risks and hazards; risks associated with negative operating cash flow; and risks associated with dilution. For a further discussion of risks relevant to the Company, see the Company's other public disclosure documents.

Although management has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements, there may be other factors that cause results not to be as anticipated, estimated or intended. There is no assurance that forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such forward-looking statements. Accordingly, readers should not place undue reliance on forward-looking statements. The Company does not undertake to update any forward-looking statements, except as, and to the extent required by, applicable securities laws.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/230723