Announcement • Jun 24
Pambili Natural Resources Corporation announced that it expects to receive CAD 1 million in funding Pambili Natural Resources Corporation announced a non-brokered private placement to issue 20,000,000 units at an issue price of CAD 0.05 per unit for gross proceeds of CAD 1,000,000 on June 23, 2025. Each unit comprises one common share and one common share purchase warrant, with an exercise price of CAD 0.10 exercisable fora period of one year from closing of the offering. The company intends to pay a finder's fee of 5% of the proceeds in units. Other than being non-transferable, each finder's warrant shall otherwise be on the same terms as the warrants. There are no proposed payments to non-arm's-length parties or parties conducting investor relations activities. The offering may close in one or more tranches, as subscriptions are received. Units issued pursuant to the offering shall be subject to a four-month-plus-one-day hold period commencing on the date of issue under applicable Canadian securities laws. Closing of the offering, which is expected to occur on or about August 31, 2025, will be subject to satisfaction of certain conditions, including, but not limited to, the receipt of all necessary regulatory and other approvals, including approval by the exchange. Announcement • Jun 20
Pambili Natural Resources Corporation Reports Encouraging Gold Assay Results from East Adit Cross-Cut Pambili. Natural Resources Corporation provided an update on the continued development of the crosscut at the East Adit on its Golden Valley A1 mining claim ("GVM") in Zimbabwe, previously announced on May 29, 2025. The cross-cut has now progressed some seven metres to the south and remains in mineralization. Non-compliant assays of recent sludge drilling samples have returned encouraging grades of 0.21 grams per tonne ("g/t") gold for the first metre, increasing to 2.65 g/t gold and 3.58 g/t gold for the second and third metres, respectively. Sludge hole drilling is a low-cost, early-stage exploration technique that uses compressed air and water to rapidly drill shallow holes and recover rock chips for preliminary geological analysis. The sludge holes have been drilled in the direction of the drive, at a slight angle to enable the cuttings to be washed out of the hole and collected. Given the combination of gold loss in the cracks in the sludge hole and the small sample size, these results cannot be considered to be representative. However, they are consistent with the assay results of the core from diamond drill hole EADD001. Those results indicated a target zone of some seven metres @ 2 g/t gold, including 2m @ 3.86 g/t gold. The expectation is that the target zone will be encountered within 10 metres of the sub-vertical shaft. Development and further sludge drilling will continue until the target is reached. New Risk • Jun 19
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended September 2024. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (44% average weekly change). Negative equity (-CA$284k). Earnings have declined by 24% per year over the past 5 years. Shareholders have been substantially diluted in the past year (116% increase in shares outstanding). Revenue is less than US$1m (CA$60k revenue, or US$44k). Market cap is less than US$10m (CA$2.12m market cap, or US$1.55m). Minor Risk Latest financial reports are more than 6 months old (reported September 2024 fiscal period end).