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Valkea Grants Stock Options

(Very Positive)
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Valkea Resources (TSXV: OZ, OTCQB: OZBKF, FSE: 4A7) granted 2,602,167 stock options to certain directors, officers and consultants under its shareholder-approved omnibus incentive plan. The options carry an exercise price of $0.32 per share, a five-year term, and vest over two years, with one-third vesting at grant and the remainder in equal annual installments.

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Positive

  • 2,602,167 stock options granted to directors, officers and consultants
  • Exercise price fixed at $0.32 per share for five years
  • Two-year vesting schedule with one-third vesting immediately and annually thereafter

Negative

  • None.

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Vancouver, British Columbia--(Newsfile Corp. - July 24, 2026) - Valkea Resources Corp. (TSXV: OZ) (OTCQB: OZBKF) (FSE: 4A7) (the Company or "Valkea") announces that it has granted an aggregate of 2,602,167 stock options (the "Options") to certain directors, officers, and consultants of the Company, in accordance with its omnibus incentive plan, which was recently re-approved by the Company's shareholders at the Company's last annual general meeting on December 3, 2025.

The Options are exercisable at a price of $0.32 per share for a period of five (5) years from the date of grant, subject to vesting provisions. The Options will vest over two years, one-third at grant, and one-third vesting every twelve months thereafter, in accordance with the Company's approved omnibus plan.

The Company believes that the issuance of these Options will further align the interests of its team with those of shareholders and will serve as an incentive for continued performance and commitment to the Company's growth.

About Valkea

Valkea Resources is a geoscience-led exploration company focused on making new gold and base metals discoveries in Northern Finlandʼs prospective Central Lapland Greenstone Belt. Its 350 km2 land package includes six principal project areas that span highly prospective regional geological structures. The Companyʼs leadership and technical team include key contributors to the multimillion-ounce Ikkari gold discovery made in 2020. Work is underway to make a new discovery using the same systematic and disciplined approach to identifying targets with the best potential for meaningful size and the possibility of becoming mines of the future.

Contact Information

For more information please contact: Thomas Credland, President, Chief Executive Officer and Director Tel: +44 7775 501 431 | Email: tcredland@valkearesources.com

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 in this news release include but are not limited; statements about the use of the net 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.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/306568

FAQ

How many stock options did Valkea Resources (OZBKF) grant on July 24, 2026?

Valkea Resources granted an aggregate of 2,602,167 stock options on July 24, 2026. According to Valkea, these options were issued to certain directors, officers and consultants under its omnibus incentive plan, which shareholders re-approved on December 3, 2025.

What is the exercise price of the new Valkea Resources (OZBKF) stock options?

The new Valkea Resources options have an exercise price of $0.32 per share. According to Valkea, the options are exercisable at this price for a period of five years from the grant date, subject to the plan’s vesting provisions.

What is the vesting schedule for Valkea Resources’ July 2026 stock option grant?

The options vest over two years, with one-third vesting at grant. According to Valkea, the remaining two-thirds vest in equal one-third installments every twelve months thereafter, consistent with the company’s approved omnibus incentive plan.

Who received the Valkea Resources (OZBKF) stock options granted in July 2026?

The July 2026 options were granted to certain directors, officers and consultants of Valkea Resources. According to Valkea, this grant was made under its omnibus incentive plan, recently re-approved by shareholders at the annual general meeting on December 3, 2025.

Why did Valkea Resources grant 2,602,167 stock options to its team?

Valkea Resources states the options aim to align management and shareholder interests. According to Valkea, the company believes the grant will incentivize continued performance and support long-term commitment to its growth strategy through participation in its omnibus incentive plan.