Gamma Announces $2.1 Million LIFE Private Placement Offering

About this update from Gamma Resources Ltd.

NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES VANCOUVER, BC / ACCESS Newswire / July 20, 2026 / Gamma Resources Ltd. (TSXV:GAMA)(OTCQB:GAMXF)(FRA:MRDN) (the "Company") is pleased to announce a non-brokered private placement consisting of a LIFE Financing and a Concurrent Financing (together, the "Offering") as described below. LIFE Financing The Company intends to issue up to 21,000,000 units (the "LIFE Units") under the Listed Issuer Financing Exemption ("LIFE") pursuant to Part 5A of National Instrument 45-106 - Prospectus Exemptions ("NI 45-106"), as amended and supplemented by applicable blanket orders, at a price of $0.10 per LIFE Unit for gross proceeds of up to approximately $2,100,000 (the "LIFE Financing"). Each LIFE Unit will consist of: (i) one common share of the Company (a "Common Share"); and (ii) one-half of one common share purchase warrant (each whole warrant, a "LIFE Warrant"), with each LIFE Warrant entitling the holder to acquire one Common Share at a price of $0.15 for a period of 36 months from the date of issuance, provided that the LIFE Warrants will not be exercisable until 60 days following the closing date. Subject to compliance with applicable regulatory requirements and in accordance with NI 45-106, the LIFE Units will be offered to purchasers resident in each of the provinces and territories of Canada, except Québec. Securities issued pursuant to the LIFE Financing are expected to be immediately freely tradeable and will not be subject to a hold period under applicable Canadian securities laws (subject to TSX Venture Exchange ("TSXV") policies for insiders and certain consultants). There is an offering document related to the LIFE Financing that can be accessed under the Company's profile on SEDAR+ at www.sedarplus.ca and on the Company's website at https://www.gammaresourcesltd.com/. Prospective investors should read this offering document before making an investment decision. Concurrent Financing In addition to the LIFE Financing, the Company intends to complete a concurrent non-brokered private placement (the "Concurrent Financing") consisting of the issuance of up to 7,500,000 units (the "Units") at a price of $0.10 per Unit for gross proceeds of up to approximately $750,000. Each Unit will consist of: (i) one Common Share; and (ii) one common share purchase warrant (ea...

View stock analysis, news, and events for Gamma Resources Ltd.