Gabriel shareholders approve all resolutions at AGM

Mr. Dragos Tanase reports RESULTS OF AGM Gabriel Resources Ltd. has released the results of its annual general and special meeting of shareholders held on Dec. 18, 2025. At the AGM, the shareholders of the company approved all resolutions placed before them, as set out in the company's management information circular dated Nov. 17, 2025, including: (i) the election of Anna El-Erian, Jeffrey Couch, Dag Cramer, Ali Erfan, Bogdan Juravle, James Lieber and Dragos Tanase as directors of the company for the ensuing year; (ii) the reappointment of Ernst & Young LLP as auditor of the company for the ensuing year, with remuneration to be fixed by the directors; (iii) the adoption of a new fixed 20-per-cent stock option plan; and (iv) the approval, confirmation and ratification of the cancellation of 728,801 existing stock options and the grant of a total of 38,656,240 new stock options to certain directors and officers of the company on Nov. 18, 2025. As previously announced by the company on Nov. 19, 2025, the board of directors granted the new options pursuant to the option plan, subject to disinterested shareholder approval at the AGM. Each new option is exercisable for one common share of the company at an exercise price of 7.5 cents per share for a period of five years from the date of grant, and the new options vest six months from the date of grant. The grant of the new options was approved by the company's disinterested shareholders at the AGM in accordance with the policies of the TSX Venture Exchange. For more information, please refer to the circular, which includes a summary of the option plan and details of the cancelled options and the new options. A copy of the circular is available on the company's website and under the company's profile on SEDAR+. About Gabriel Resources Ltd. Gabriel is a Canadian resource company listed on the TSX Venture Exchange. The company's principal business has been the exploration and development of the Rosia Montana gold and silver project in Romania, one of the largest undeveloped gold deposits in Europe. Upon obtaining the licence in June, 1999, the group focused substantially all of their management and financial resources on the exploration, feasibility and subsequent development of the Rosia Montana project. An extension of the exploitation licence for the Rosia Montana project (held by Rosia Montana Gold Corp. SA, a Romanian company in which Gabriel owns an 80.69-per-cent equity interest, with the 19.31-per-cent balance held by Minvest Rosia Montana SA, a Romanian state-owned mining company), was rejected by the competent authority in late June, 2024. We seek Safe Harbor.