Valkea Resources - $4.1Mil Strategic Financing With Multiple Strategics, Summer Drilling Coming Up

In this KE Report company update, we’re joined by Chris Donaldson, President and CEO of Valkea Resources (TSX.V:OZ - OTCQB:OZBKF - FSE:S600), to discuss the $4.1 million upsized financing closed on June 25th and how it positions the company for its next exploration phase in Finland.

Originally targeting $3 million, Valkea attracted major strategic investors including:

• Michael Gentile (9.9%) - Now a strategic advisor, known for supporting high-conviction resource plays
  
  
• Primevest Capital Corp. (9.9%) - Led by experienced commodities investor Ryaz Shariff
  
  

Chris outlines how this capital will support a summer drill program at the Paana Project, targeting gold zones already showing strong mineralization and situated next to major players like Agnico Eagle, Rupert Resources, and B2Gold.

Interview highlights:

• Breakdown of the financing structure and investor interest
  
  
• Drill strategy focused on the Koivu and Honka zones with follow-up on prior hits
  
  
• Plans for base-of-till drilling and potential resource expansion
  
  
• Updates on JV progress with Rupert Resources and valuation potential across the Lapland portfolio
  
  

Any follow up questions for Chris can be emailed to me directly at Fleck@kereport.com. 

 

Click here to visit the Valkea Resources website to learn more about the Company.