Gamma Resources Receives $604,500 from Warrant Exercises

Gamma Resources Ltd. has announced the receipt of $604,500 from the exercise of 4,030,000 common share purchase warrants. These warrants were exercised at a price of $0.15 per share as part of the company's Incentive Program, completed on May 14, 2026. Along with issuing new common shares, Gamma also provided incentive warrants, allowing the purchase of additional shares at the same price for three years from June 3, 2026.

Funds from this exercise are intended to further exploration activities and cover general working capital. Not all warrants were exercised; those remaining retain their original terms. Notably, 2,500,000 warrants previously exercised prior to the program did not qualify for additional incentives.

Gamma disclosed that insiders' participation constituted a related party transaction, exempt from certain regulatory requirements due to reliance on specific exemptions. The transaction did not require a pre-closing material change report.