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Gamma Resources Announces $1,000,000 Private Placement
(TheNewswire) Vancouver, British Columbia, August 25, 2025 – TheNewswire - ...
About this update from Gamma Resources Ltd.
[{"type":"text","content":"Gamma Resources Announces $1,000,000 Private Placement\n\n\n (TheNewswire)\n \n\n\n\n\n\n\n\n\n\n\n\n\n\n Vancouver, British Columbia, August 25, 2025\n \n\n –\n \n\n TheNewswire -\n \n\n Gamma Resources Ltd.\n \n\n (TSX-V: GAMA; OTCPK: MLLOF; Frankfurt:\n \n\n MRDN)\n \n\n (“Gamma” or\n \n\n the\n \n\n “Company”)\n \n\n is\n \n\n pleased\n \n\n to\n \n\n announce\n \n\n a\n \n\n non-brokered\n \n\n private\n \n\n placement\n \n\n (the “\n \n\n Private\nPlacement\n \n\n ”) of up to 8,333,334 units (each a\n“\n \n\n Unit\n \n\n ”) at a purchase price of $0.12 per Unit for gross proceeds\nof up to $1,000,000.\n \n\n\n Gabriel Alonso-Mendoza, President and CEO of Gamma commented, “The\nfinancing allows us to\n \n fund the early stages of the\nCompany’s recent investment in uranium properties in Utah and New\nMexico\n \n and continue to progress the Company’s efforts with\nrespect to its proprietary rare-earth element (“REE”) extraction\nprocess currently\n \n licensed to ACDC Metals Ltd (ASX:ADC)\nin Australia\n \n .”\n \n\n Each Unit will consist of one common share in the capital of the\nCompany (a “\n \n Common Share\n \n ”)\nand one non-transferable Common Share purchase warrant (each whole\nwarrant, a “\n \n Warrant\n \n ”).\nEach Warrant will entitle the holder to acquire one additional Common\nShare at an exercise price of $0.18 for a period of\n \n 36\n \n months following the closing of the Private Placement (the\n“\n \n Closing\n \n\n Date\n \n ”). The completion of the\nPrivate Placement is subject to the acceptance of the TSX Venture\nExchange.\n \n\n All securities issued in connection with the Private Placement will be\nsubject to a four-month hold period from the Closing Date, pursuant to\napplicable securities laws and the policies of the TSX Venture\nExchange. The securities issued in connection with the Private\nPlacement have not been nor will they be registered under the United\nStates Securities Act of 1933, as amended, or state securities laws,\nand may not be offered or sold in the United States or to an account\nfor the benefit of US persons, absent such registration or an\nexemption from registration. This press release shall not constitute\nan offer to sell or t...