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). Board Change • Dec 30
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 5 experienced directors. 1 highly experienced director. Independent Nominee Director Juravle Bogdan was the last director to join the board, commencing their role in 2025. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. 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. 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 • 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 (44% 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 (€12.5m 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 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 16
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). Share price has been highly volatile over the past 3 months (17% average weekly change). Negative equity (-CA$1.8m). Revenue is less than US$1m. Minor Risk Shareholders have been diluted in the past year (2.5% increase in shares outstanding). New Risk • Aug 06
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). Share price has been highly volatile over the past 3 months (16% average weekly change). 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. 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 • Jun 11
Gabriel Resources Ltd. announced that it has received CAD 7.458976 million in funding On June 10, 2021, Gabriel Resources Ltd. (TSXV:GBU) closed the transaction. Before transaction the company had 623,507,830 common shares issued and outstanding , post the transaction the common shares issued and outstanding will increase to 653,952,630. The insiders hold 49.92% stake after the transaction on non-diluted basic. 
