Announcement • Apr 29
Gabriel Resources Ltd. announced that it expects to receive $1.5 million in funding Gabriel Resources Ltd. announced that it has entered into a definitive material agreement for an aggregate principal amount of $1.5 million on April 28, 2026. The transaction included participation from new lenders, Paulson & Co. Inc., and Electrum Global Holdings L.P., a fund managed by The Electrum Group LLC. The company will issue short-term unsecured bridge loans in the transaction. The loans will be unsecured and will rank pari passu with all other existing and future unsecured senior indebtedness of the company and senior to any subordinated debt of the company. The loans will bear interest at a rate of 12% per annum and will mature on the earliest of: (i) the first anniversary of the date of the loans (being April 28, 2027); (ii) the date which is five business days following the completion of the proposed financing; or (iii) the date on which the lenders declare the loans due and payable following the occurrence of an event of default (as such term is defined in the loan agreements). New Risk • Jan 06
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 40% 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 (40% average weekly change). Negative equity (-CA$22m). Shareholders have been substantially diluted in the past year (198% increase in shares outstanding). Revenue is less than US$1m. Minor Risk Market cap is less than US$100m (CA$59.9m market cap, or US$43.5m). Announcement • Nov 13
Gabriel Resources Ltd. announced that it has received CAD 3.931353 million in funding from The Electrum Group LLC On November 12, 2025, Gabriel Resources Ltd closed the transaction. The company issued 10,781,571 units at a price of CAD 0.105 per unit for aggregate proceeds of CAD 1,132,064.955 in its second and final tranche. The securities issued in connection with the Second tranche are subject to a statutory four-month hold period, which will expire on March 13, 2026. Completion of the Offering is subject to receipt of final approval of the TSX Venture Exchange. Announcement • Sep 04
Gabriel Resources Ltd., Annual General Meeting, Oct 23, 2025 Gabriel Resources Ltd., Annual General Meeting, Oct 23, 2025. Location: british columbia, vancouver Canada Announcement • Aug 29
Gabriel Resources Ltd. announced that it expects to receive CAD 3.602025 million in funding Gabriel Resources Ltd announced a non-brokered private placement and entered into subscription agreements to issue 34,305,000 units at a price of CAD 0.105 per unit for aggregate gross proceeds of CAD 3,602,025 on August 29, 2025. Each Unit will consist of one common share in the capital of the Company and one common share purchase warrant. Each Warrant will entitle the holder to purchase one Common Share in the capital of the Company for a period of five years from the date of issuance at an exercise price of CAD 0.14 per Common Share. In connection with the Offering, the Company has entered into binding subscription agreements, on a non-brokered basis, with certain existing institutional and accredited investors, each of whom is an insider of the Company. The participation of insiders of the Company in the Offering constitutes a “related party transaction” within the meaning of Multilateral Instrument 61-101 Protection of Minority Security Holders in Special Transactions (“MI 61-101”). The transaction is expected to close on September 5, 2025 and is subject to the approval of TSX Venture Exchange. All securities issued in connection with the Offering will be subject to a four-month hold period from the closing date under applicable Canadian securities laws. Announcement • May 21
Gabriel Resources Ltd. announced that it has received CAD 4.975151 million in funding from The Electrum Group LLC, Swiss Capital S.A. On May 20, 2025, Gabriel Resources Ltd closed the transaction. The Company issued 13,889,015 Units at a price of CAD 0.05 for aggregate gross proceeds of CAD 694,450.75 in its Final Tranche. The tranche included participation from Swiss Capital S.A. The securities issued in connection with the closing of the final tranche are subject to a statutory four-month hold period, which will expire on September 21, 2025. New Risk • Mar 10
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 85% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (68% average weekly change). Negative equity (-CA$19m). Shareholders have been substantially diluted in the past year (85% increase in shares outstanding). Revenue is less than US$1m. Minor Risk Market cap is less than US$100m (CA$20.1m market cap, or US$14.0m). Announcement • Feb 20
Gabriel Resources Ltd. announced that it expects to receive CAD 5.7076 million in funding Gabriel Resources Ltd. announced a private placement that it will issue up to 114,152,000 units of the company at an issue price of CAD 0.05 per unit for the gross proceeds of up to CAD 5,707,600 on February 19, 2025. Each Unit will consist of one common share in the capital of the Company, one Common Share purchase warrant. Each Warrant will entitle the holder to purchase one Common Share in the capital of the Company for a period of 5 years from the date of issue at an exercise price of CAD 0.065 per Common Share, being the Market Price. The closing of the Offering, which is subject to consent of security holders and the satisfaction or waiver of a number of customary closing conditions, including the final approval of the TSX Venture Exchange. , is expected to take place on or around February 28, 2025. There can be no assurance, however, that the Offering will close as contemplated or at all. The company will not pay any finders' fees in respect of the procurement of arm's-length subscribers in connection with the offering. Announcement • Sep 17
Gabriel Resources Ltd. Announces Resignation of Daniel Kochav as Member Board of Directors Gabriel Resources Ltd. announced that Mr. Daniel Kochav, the nominee of Tenor Capital Management LLC, has tendered his resignation as a member of the Company's board of directors with immediate effect. Through its affiliate, Enescu Investments, Tenor has waived its right to nominate a successor nominee or observer to the Company's board, also with immediate effect. New Risk • Sep 04
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: CA$12.6m (US$9.29m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-CA$12m free cash flow). Share price has been highly volatile over the past 3 months (57% average weekly change). Negative equity (-CA$16m). Revenue is less than US$1m. Market cap is less than US$10m (CA$12.6m market cap, or US$9.29m). Minor Risk Shareholders have been diluted in the past year (23% increase in shares outstanding). New Risk • Aug 04
New major risk - Financial position The company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -CA$12m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-CA$12m free cash flow). Share price has been highly volatile over the past 3 months (56% average weekly change). Negative equity (-CA$16m). Revenue is less than US$1m. Minor Risks Shareholders have been diluted in the past year (23% increase in shares outstanding). Market cap is less than US$100m (CA$18.8m market cap, or US$13.6m). Announcement • Jun 08
Gabriel Resources Ltd., Annual General Meeting, Aug 01, 2024 Gabriel Resources Ltd., Annual General Meeting, Aug 01, 2024. Location: british columbia, vancouver Canada New Risk • Mar 11
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 32% 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 Less than 1 year of cash runway based on free cash flow trend (-CA$9.0m free cash flow). Share price has been highly volatile over the past 3 months (32% average weekly change). Negative equity (-CA$1.8m). Revenue is less than US$1m. Minor Risks Shareholders have been diluted in the past year (3.5% increase in shares outstanding). Market cap is less than US$100m (CA$20.7m market cap, or US$15.4m). Board Change • Feb 01
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 6 experienced directors. 1 highly experienced director. Independent Non-Executive Chair of the Board Anna El-Erian was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. New Risk • Nov 17
New major risk - Negative shareholders equity The company has negative equity. Total equity: -CA$1.8m This is considered a major risk. Being in negative equity means that the company's liabilities exceed its assets, meaning it owes more to creditors than it has in owned assets. While this doesn't mean the company is about to collapse, in the long-term, this is unsustainable. The company may have issues meeting financial obligations, is at risk of becoming insolvent and may have difficulty raising capital, especially more debt, if needed. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-CA$9.0m free cash flow). Negative equity (-CA$1.8m). Revenue is less than US$1m. Minor Risks Share price has been volatile over the past 3 months (13% average weekly change). Shareholders have been diluted in the past year (2.5% increase in shares outstanding). New Risk • Oct 19
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Canadian stocks, typically moving 12% a week. This is considered a minor risk. Share price volatility indicates 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. It also 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. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-CA$9.1m free cash flow). Revenue is less than US$1m. Minor Risks Share price has been volatile over the past 3 months (12% average weekly change). Shareholders have been diluted in the past year (2.5% increase in shares outstanding). New Risk • Aug 05
New major risk - Financial position The company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -CA$9.1m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-CA$9.1m free cash flow). Revenue is less than US$1m. Minor Risk Shareholders have been diluted in the past year (2.9% increase in shares outstanding). Announcement • Jun 09
Gabriel Resources Ltd. announced that it has received CAD 6.443375 million in funding from Tenor Capital Management Company, L.P. On June 8, 2023, Gabriel Resources Ltd. closed the transaction. The transaction included participation from returning investor Tenor Capital Management Company, L.P. for CAD 1,017,375.06. Announcement • Jun 07
Gabriel Resources Ltd., Annual General Meeting, Aug 03, 2023 Gabriel Resources Ltd., Annual General Meeting, Aug 03, 2023. Announcement • May 24
Gabriel Resources Ltd. announced that it expects to receive CAD 6.443375 million in funding Gabriel Resources Ltd. announced a non-brokered private placement of up to 24,782,212 common shares at a price of CAD 0.26 per common share for the aggregate gross proceeds of CAD 6,443,375 on May 23, 2023. The common shares to be issued on closing of the private placement are subject to a statutory 4-month hold period. The company will not pay any finder's fee in respect of the procurement of arm’s length subscribers in connection with the private placement. The transaction is subject to the approval of the TSX Venture Exchange and the receipt of all other applicable approvals. The transaction is expected to close on or about June 8, 2023. Board Change • Jul 31
High number of new directors Independent Non-Executive Chair of the Board Anna El-Erian was the last director to join the board, commencing their role in 2021. Announcement • Jun 30
Gabriel Resources Ltd. announced that it has received CAD 7.1176 million in funding from Tenor Capital Management Company, L.P. On June 29, 2022, Gabriel Resources Ltd. closed the transaction. The company has issued 3,154,341 common shares for gross proceeds of CAD 678,183.315 in its final tranche. The company has issued 33,105,117 common shares for gross proceeds of CAD 7,117,600.155 in the transaction. The transaction was conditionally approved by the TSX Venture Exchange on May 25, 2022. Announcement • Jun 09
Gabriel Resources Ltd., Annual General Meeting, Aug 03, 2022 Gabriel Resources Ltd., Annual General Meeting, Aug 03, 2022. Announcement • May 26
Gabriel Resources Ltd. announced that it expects to receive CAD 7.1176 million in funding Gabriel Resources Ltd. announced that it has entered into definitive subscription agreements with certain investors for a non-brokered private placement of up to 33,105,117 common shares at a price of CAD 0.215 per share for gross proceeds of approximately CAD 7,117,600 on May 24, 2022. The transaction included participation from insiders of the company for 24,069,424 common shares for gross proceeds of CAD 5,233,490.90. The closing of the Private Placement is subject to certain conditions, including, but not limited to, the approval of the TSX Venture Exchange and the receipt of all other applicable approvals. On receipt of approvals, it is anticipated that the private placement will close on or about June 20, 2022. The common shares to be issued on closing of the private placement are subject to a statutory 4-month hold period. Subject to the receipt of all regulatory approvals, including the approval of the Exchange, the company may pay a cash finder's fee of up to CAD 7,200.87. Board Change • Apr 27
High number of new directors There are 5 new directors who have joined the board in the last 3 years. Independent Director Anna El-Erian was the last director to join the board, commencing their role in 2021. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Announcement • May 28
Gabriel Resources Ltd. announced that it expects to receive CAD 7.458976 million in funding Gabriel Resources Ltd. (TSXV:GBU) announced that it has entered into definitive subscription agreements with certain investors for a non-brokered private placement of up to 30,444,800 common shares at a price of CAD 0.245 per share for gross proceeds of approximately CAD 7,458,976 on May 27, 2021. The transaction is subject to stock exchange and other approvals as applicable. The transaction will include participation from insiders of the company for 19,768,194 common shares for gross proceeds of CAD 4,843,207.54. The closing of the transaction is subject to certain conditions, including, but not limited to, the approval of the TSX Venture Exchange and the receipt of all other applicable approvals. It is anticipated that the transaction will close on or about June 10, 2021 or such earlier or later date as may be determined by the company, subject to satisfaction or waiver by the relevant party of the conditions of closing. The securities to be issued on closing are subject to a statutory 4-month hold period, subject to the receipt of all regulatory approvals, including the approval of the TSX Venture Exchange. The company may pay a cash finder's fee of up to $6,000 (CAD 7,250.28) in connection with the transaction in respect of the procurement of certain arm’s length subscribers. Is New 90 Day High Low • Feb 09
New 90-day high: CA$0.28 The company is up 2.0% from its price of CA$0.27 on 10 November 2020. The Canadian market is up 12% over the last 90 days, indicating the company underperformed over that time. However, its price trend is similar to the Metals and Mining industry, which is also up 2.0% over the same period. Announcement • Jan 22
Gabriel Resources Ltd. Announces Board Appointments Gabriel Resources Ltd. announced the appointment of three new independent non-executive directors to the Board of Directors of the company effective immediately. The new appointees to the Board are Mr. Jeffrey Couch, Ms. Anna El-Erian and Mr. James Lieber. Mr. Jeffrey Couch – Independent Director - Currently, Mr. Couch is working with a mining-focused global private equity firm with over US$6 billion under management. He has worked with several financial services firms in Europe, including being Head of Investment Banking Europe for BMO Capital Markets (Bank of Montreal), and has also had senior investment banking roles with Credit Suisse Europe and Citigroup (Solomon Brothers). Ms. Anna El-Erian – Independent Director - Ms. El-Erian was previously a director and CEO of Surgical Spaces Inc. group of companies, and has been instrumental in overseeing its national expansion strategy as Canada’s private healthcare consolidator. Ms. El- Erian was previously on the board of directors of Eco Oro Minerals Corp. and is currently a director of Altius Minerals, Altius Renewable Royalties, Entrée Resources and Sabina Gold & Silver. Announcement • Dec 25
Gabriel Resources Ltd. announced that it has received CAD 6.585013 million in funding On December 23, 2020, Gabriel Resources Ltd. (TSXV:GBU) closed the transaction. The company issued a total of 1,742,800 units at the price of CAD 0.26 per unit for gross proceeds of were issued to raise gross
proceeds of CAD 453,128. The new shares and new warrants
issued in the closing announced today are subject to a statutory 4-month hold period expiring April 24, 2021. The transaction remains subject to final acceptance by the exchange and the receipt of all other applicable approvals. Is New 90 Day High Low • Dec 16
New 90-day low: CA$0.23 The company is down 48% from its price of CA$0.45 on 16 September 2020. The Canadian market is up 9.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Metals and Mining industry, which is down 13% over the same period. Announcement • Dec 04
Gabriel Resources Ltd. announced that it expects to receive CAD 6.585013 million in funding Gabriel Resources Ltd. (TSXV:GBU) announced that it has entered into definitive subscription agreements with investors for a non-brokered private placement of up to 25,326,972 units at CAD 0.26 per unit for gross proceeds of CAD 6,585,012.72 on December 3, 2020. Each unit will consist of one common share and one half of one common share purchase warrant. Each warrant entitles the holder to purchase one additional common share at a price of CAD 0.39 per share which represents a premium of 50% to the purchase price at any time prior to the date that is three years from the date of closing. The transaction may include participation from insiders for up to 15,120,142 units. The aggregate number of Common Shares to be issued pursuant to offering (assuming exercise of all of the New Warrants) is 37,990,458, representing approximately 6.4% of the Common Shares currently issued and outstanding on a non-diluted basis. The closing of the transaction is subject to receipt of all other applicable approvals including the approval from, regulatory and TSX Venture Exchange. The transaction is expected to close on or about December 15, 2020. The company may pay finder fee of up to CAD 6,467.21 ($5,000) in the transaction. Is New 90 Day High Low • Nov 25
New 90-day low: CA$0.26 The company is down 46% from its price of CA$0.47 on 26 August 2020. The Canadian market is up 5.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Metals and Mining industry, which is down 9.0% over the same period. Announcement • Nov 11
Gabriel Resources Ltd. Announces Board Resignations, Effective December 11, 2020 Gabriel Resources Ltd. announced the following a request of certain of the major shareholders for ongoing Board renewal, Walter Segsworth,
David Peat and Janice Stairs have provided their resignations effective December 11, 2020, allowing the Board the opportunity to identify their replacements. Is New 90 Day High Low • Oct 14
New 90-day low: CA$0.36 The company is down 23% from its price of CA$0.47 on 16 July 2020. The Canadian market is up 3.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Metals and Mining industry, which is up 5.0% over the same period. Is New 90 Day High Low • Sep 22
New 90-day low: CA$0.38 The company is down 18% from its price of CA$0.46 on 23 June 2020. The Canadian market is up 6.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Metals and Mining industry, which is up 20% over the same period.