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Valkea Resources Corp.

10:05 AM EST - Valkea Resources Corp. : Announced a non-brokered private placement of up to 10,000,000 units of the Company at a price of $0.25 per Unit for aggregate gross proceeds of up to $2,500,000. Each Unit will be comprised of one common share of the Company and one-half of one share purchase warrant. Valkea Resources Corp. shares V.OZ are trading up $0.05 at $0.35.