Gamma Resources increases financing to $1.3-million

Executive Summary

• Gamma Resources increased its non‑brokered private placement from $1 M to up to $1.3 M, issuing up to 11 million units at C$0.12 per unit.
• The additional funds will support early‑stage uranium projects in Utah and New Mexico and advance the company’s proprietary rare‑earth extraction process licensed to ACDC Metals Ltd.
• Units include common shares plus non‑transferable warrants (exercise price C$0.18, 36‑month term); all securities are subject to a four‑month hold period.

Key Details

• Placement Size: Increased to gross proceeds of up to C$1.3 million (previously C$1 M).
• Units Offered: Up to 11 million units at C$0.12 per unit.
• Unit Composition: Each unit = 1 common share + 1 non‑transferable warrant.
• Warrant Terms: Right to purchase one additional common share at C$0.18, exercisable for 36 months after closing.
• Tranche Timeline: First tranche closed on Sept 5, 2025 for C$651,060; second tranche expected to close on or before Oct 7, 2025, pending TSX Venture Exchange acceptance.
• Use of Proceeds: Fund early stages of uranium property investments in Utah and New Mexico and continue development of the proprietary REE extraction process licensed to ACDC Metals Ltd. (Australia).
• Hold Period: All securities subject to a four‑month hold period from closing date per applicable securities laws and TSX Venture Exchange policies.

Notable Quotes

“The financing allows us to fund the early stages of the company's recent investment in uranium properties in Utah and New Mexico, and continue to progress the company's efforts with respect to its proprietary rare earth element (REE) extraction process currently licensed to ACDC Metals Ltd. in Australia.” – Gabriel Alonso‑Mendoza, President & CEO

Materiality Assessment: Material – Positive (significant financing that enables key operational initiatives).