Pambili receives partial revocation of CTO

Executive Summary

• The Alberta Securities Commission partially revoked the failure‑to‑file cease trade order (FFCTO) issued to Pambili Natural Resources Corp., allowing the company to proceed with the first tranche of its non‑brokered private placement.
• Proceeds from this tranche are earmarked for auditing, accounting, legal, filing fees and limited working capital totaling $138,500.
• Completion of the tranche remains subject to TSX Venture Exchange approval and is not guaranteed; the FFCTO continues to apply to all securities until fully revoked.

Key Details

• Regulatory Update: ASC order dated Sept. 25 2025 partially revokes the July 3 2025 FFCTO, permitting only the first tranche of the private placement to proceed; all other restrictions of the FFCTO remain in force.
• Private Placement Tranche: First tranche of a previously announced non‑brokered private placement (announced June 23 2025).
• Use of Proceeds Allocation:
• Auditing fees – $90,000
• Accounting fees – $15,000
• Legal fees – $15,000
• Filing fees – $8,500
• Working capital – $10,000
• Total allocated amount: $138,500
• Investor Acknowledgement Requirement: Each investor must receive a copy of the FFCTO and partial revocation order and sign an acknowledgement that securities remain subject to the FFCTO until full revocation.
• Conditional Completion: Tranche completion is contingent upon final approval by the TSX Venture Exchange; Pambili has applied for this approval. No assurance is given that the tranche will close on the stated terms or at all.
• Previous Disclosure Reference: The company notes that proceeds may be insufficient relative to its earlier Aug. 27 2025 news release outlining intended uses.

Notable Quotes

(No direct quotes were provided in the release.)