Pambili Natural closes first tranche of financing

Mr. Jon Harris reports PAMBILI CLOSES FIRST TRANCHE OF C$1-MILLION PRIVATE PLACEMENT Pambili Natural Resources Corp. has secured $138,500 as the first tranche of the $1-million non-brokered private placement, previously announced on June 23, 2025. As announced on July 3, 2025, the company is subject to a failure-to-file cease trade order (FFCTO) issued by the Alberta Securities Commission (ASC). Accordingly, the company has applied to the ASC for a partial revocation of the FFCTO to enable the closing of the tranche. Subject to the approval of the ASC and the TSX Venture Exchange, the company will issue 2.77 million units to subscribers of the tranche. Each unit is offered at five cents and comprises one common share and one common share purchase warrant, with an exercise price of 10 cents, exercisable for a period of one year from closing of the offering. Notwithstanding any restrictions of the FFCTO, units issued pursuant to the tranche shall be subject to a four-month-plus-one-day hold period, commencing on the date of issue under applicable Canadian securities laws. The tranche will provide the general working capital required to complete the audit of and file the company's financial statements for the year ended Dec. 31, 2024, as well as completing and filing the unaudited financial statements for Q1 (first quarter) and Q2 (second quarter) 2025. The proposed use of proceeds is summarized in the attached table. Once the FFCTO has been lifted and subject to exchange approval, Pambili intends to complete the offering on the original terms. Jon Harris, chief executive officer of Pambili Natural Resources, commented: "Pambili's receipt of the first tranche of the planned $1-million raise is an endorsement of the potential of the company's gold projects in Zimbabwe. We continue to believe that Pambili is poised for growth, particularly in today's high gold price environment. We look forward to completing the raise immediately following the lifting of the FFCTO." About Pambili Natural Resources Corp. Pambili Natural Resources is a natural resources exploration and development company currently developing gold projects in Zimbabwe. We seek Safe Harbor.