New Risk • Aug 12
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Canadian stocks, typically moving 17% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (17% average weekly change). Negative equity (-CA$206k). Shareholders have been substantially diluted in the past year (93% increase in shares outstanding). Revenue is less than US$1m. Market cap is less than US$10m (CA$3.58m market cap, or US$2.57m). Announcement • Jul 21
Gamma Resources Ltd. announced that it expects to receive CAD 2.85 million in funding Gamma Resources Ltd. has announced a non-brokered private placement of LIFE offering and Concurrent Financing to issue 21,000,000 units at the price of CAD 0.10 per unit for the gross proceeds of CAD 2,100,000 and 7,500,000 units at the price of CAD 0.10 per unit for the gross proceeds of CAD 750,000 for total aggregate of CAD 2,850,000 on July 20, 2026. Each LIFE unit entitles the holder thereof to acquire one additional common share and one half of common share purchase warrant at an exercise price of CAD 0.15 per warrant 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 and Each Concurrent Financing unit entitles the holder thereof to acquire one additional common share and one common share purchase warrant at an exercise price of CAD 0.15 per warrant for a period of 36 months from the date of issuance. Securities issued under the Concurrent Financing will be subject to a four-month and-one-day hold period in accordance with applicable Canadian securities laws. The closing of the offering is subject to certain conditions, including, but not limited to, receipt of all necessary regulatory approvals, including the approval of the TSXV. The offering is expected to close on or about August 29, 2026 in one or more tranches. The Company will not close a tranche of the LIFE Financing unless the aggregate gross proceeds raised under the LIFE Financing, together with the gross proceeds raised under the Concurrent Financing (including any tranches of the Concurrent Financing that have closed prior to such tranche of the LIFE Financing), equal at least CAD 1,500,000. 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. The Company may pay finder’s fees to eligible finders in connection with the offering, subject to compliance with applicable securities laws and TSXV policies. Such finder’s fees may consist of a cash fee equal to up to 7.0% of the gross proceeds of the Offering from investors introduced to the Company by a finder and non-transferable finder’s warrants equal to up to 7.0 percent of the aggregate number of LIFE Units and Units issued to those investors. Each Finder’s Warrant will entitle the holder to purchase one Common Share at a price of CAD 0.10 per Common Share for a 24-month period from the date of issuance. The Finder’s Warrants will have a four-month-and-one-day hold period after the closing date. It is anticipated that insiders of the Company may participate in the Concurrent Financing. Announcement • Jun 12
Gamma Resources Ltd., Annual General Meeting, Aug 12, 2026 Gamma Resources Ltd., Annual General Meeting, Aug 12, 2026.