Articles from Gamma Resources LTD

Single-tranche financing carries one full warrant per Unit at $0.12, issues less than half the Units contemplated under the previously announced offering, creates no freely tradeable stock at closing, and is expected to include insider participation. Proceeds are directed to the next phase of exploration at the Mesa Arc Project (New Mexico) and the Green River Project (Utah). The Company's previously announced offering, comprising a LIFE Financing and a concurrent financing, has been cancelled due to market conditions.

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VANCOUVER, BRITISH COLUMBIA / ACCESS Newswire / June 22, 2026 / Gamma Resources Ltd. (TSXV:GAMA)(OTCQB:GAMXF)(FSE:MRD0) ("Gamma" or the "Company") is pleased to announce that it has settled the remaining balance of it's outstanding debt through a combination of cash and equity with certain noteholders, including Mercer Street Global Opportunity Fund LLC and Cavalry Fund I LP (collectively, the "Holders"), to fully settle outstanding convertible promissory notes. This agreement (the "Agreement") was initially announced in the Company's March 19th press release (Gamma Resources Announces Debt Settlement and Insider Warrant Exercises).