Gamma Resources increases financing to $1.3-million

Mr. Gabriel Alonso-Mendoza reports GAMMA RESOURCES ANNOUNCES INCREASE IN PRIVATE PLACEMENT TO $1,300,000 Gamma Resources Ltd.'s non-brokered private placement, announced Aug. 25, 2025, for gross proceeds of up to $1-million, has been increased to gross proceeds of up to $1.3-million. The company previously announced the closing of the first tranche on Sept. 5, 2025, for gross proceeds of $651,060. The company anticipates closing a second tranche of the private placement on or before Oct. 7, 2025, subject to the acceptance of the TSX Venture Exchange. The private placement will consist of up to 11 million units at a purchase price of 12 cents per unit for gross proceeds of up to $1.3-million. Each unit will consist of one common share in the capital of the company and one non-transferable common share purchase warrant. Each warrant will entitle the holder to acquire one additional common share at an exercise price of 18 cents for a period of 36 months following the closing of the private placement. In the Aug. 25, 2025, news release, Gabriel Alonso-Mendoza, president and chief executive officer of Gamma, commented: "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." All securities issued in connection with the private placement will be subject to a four-month hold period from the closing date, pursuant to applicable securities laws and the policies of the TSX Venture Exchange. About Gamma Resources Ltd. Gamma Resources is a United States-focused uranium exploration and development company advancing high-quality assets in the Mountain West region. The company's portfolio includes the Green River project in Utah, comprising 1,100 acres near prominent regional producers, and the Mesa Arc project in New Mexico, a strategic land position now totalling 4,520 acres that includes historic uranium resources in the Chama basin. Management believes the company is uniquely positioned to benefit from the unprecedented policy and market tailwinds reshaping the U.S. nuclear landscape, and help meet this demand with responsibly sourced, United States-based uranium supply. Gamma trades on the TSX Venture Exchange, the OTC (over-the-counter) market and Frankfurt Stock Exchange. We seek Safe Harbor.