Vancouver, British Columbia – In a recent development, Valkea Resources Corp. (formerly Outback Goldfields Corp.) announced that its common shares will begin trading on the TSX Venture Exchange under the ticker symbol “OZ” on September 27, 2024. The acquisition of projects in Northern Finland has paved the way for this milestone.
Chris Donaldson, CEO of Valkea Resources, expressed his excitement about the completion of the acquisition and the resumption of trading on the TSX Venture Exchange. He credited the dedicated team at Valkea for their hard work in finalizing the deal and securing financing. Donaldson also highlighted the Company’s new strategic direction and potential for increasing shareholder value. Further details about the upcoming field program and budget are expected to be announced soon.
The completion of the Reverse Takeover, as defined in TSXV Policy 5.2, marked a significant achievement for the Company. The Transaction, carried out through a share purchase agreement, involved the acquisition of Sakumpu Exploration Oy. With all final approvals, including that of the TSXV, in place, the Company now has a total of 32,245,702 issued and outstanding common shares at the commencement of trading.
Valkea Resources (formerly Outback Goldfields) is a prominent player in gold exploration in Finland’s Central Lapland Greenstone Belt (CLGB). The Company boasts a diverse portfolio of high-potential projects, with the flagship Paana project leading the way in discovering significant gold deposits in the region.
For more information, interested parties can contact Chris Donaldson, Chief Executive Officer and Director, at (604) 813-3931 or via email at info@valkea.ca. It’s important to note that the TSX Venture Exchange and its Regulation Services Provider do not take responsibility for the accuracy of this release.
This news release contains forward-looking statements regarding the Company’s future operations and trading on the TSXV. While management’s assumptions and expectations are believed to be reasonable, there are inherent risks and uncertainties that could lead to actual results differing from the forward-looking statements. Readers are advised to consider the risks outlined in the Company’s public disclosure documents when evaluating these statements.
In conclusion, Valkea Resources is excited to move forward with trading on the TSX Venture Exchange and looks forward to unlocking new opportunities in the gold exploration sector. More details about the Company’s projects and plans for the future will be revealed in the coming weeks.
