Belpointe PREP LLCNYSE American: OZ

Vancouver, British Columbia--(Newsfile Corp. - October 22, 2024) - Valkea Resources Corp. (TSXV: OZ) (formerly Outback Goldfields Corp.) (the "Company" or "Valkea") is pleased to announce that Rupert Resources Corp. ("Rupert") has notified the Company that it has satisfied the Stage 1 requirements of its earn-in agreement (the "Agreement") on the Company's Sikavaara Project (the "Project") and has elected to enter Stage 2, whereby Rupert can earn in up to 70% of the Project. "We are very pleased that Rupert is advancing to Stage 2 of the Agreement," commented Chris Donaldson, CEO of Valkea.

GREENWICH, CONNECTICUT, Oct. 14, 2024 (GLOBE NEWSWIRE) -- Belpointe PREP, LLC (NYSE American: OZ) (“Belpointe OZ,” “we,” “us,” “our” or the “Company”), a publicly traded qualified opportunity fund, is pleased to report that Hurricane Milton inflicted no significant damage to our properties, Aster & Links, in Sarasota, Florida, and Viv, in St. Petersburg, Florida.

Belpointe PREP, LLC is a speculative investment opportunity in the REIT sector that offers a substantial discount to NAV. The company specializes in managing commercial real estate assets in qualified opportunity zones, providing advantageous capital gains tax benefits. While Belpointe's assets are primarily in the construction phase, its focus on specific real estate segments and strong growth potential make it an appealing option for investors with a long-term outlook.