Northwire Canada EditionThursday, August 27, 2026
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Financings

Gamma Resources Announces Increase in Private Placement to $1,500,000

By The Northwire Desk — AI Analysis Aug 27, 2026 · 07:00 GAMA · 0.08 Gamma Resources Ltd.
GAMA · Price

Gamma Resources Ltd. (GAMA) has increased the gross proceeds of its previously announced non-brokered private placement from up to $880,000 to up to $1,500,000. The financing consists of up to 18,750,000 units priced at $0.08 per unit, with each unit comprising one common share and one non-transferable warrant.

Each unit includes one non-transferable common share purchase warrant with an exercise price of $0.12 per share, exercisable for a period of 36 months following the closing date. All securities are subject to a four-month plus one-day hold period from the closing date. The securities are not registered under the US Securities Act of 1933 and may not be offered or sold in the United States.

The company anticipates closing the first tranche of the private placement shortly, subject to TSX Venture Exchange acceptance. Completion of the first and subsequent second tranche is subject to TSX Venture Exchange acceptance.

Read the original news release →

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