on Gamma Resources LTD (CVE:GAMA)
Gamma Resources Secures Amended Payment Terms for U.S. Uranium Projects
Gamma Resources Ltd. has successfully negotiated amended payment terms for its U.S. uranium projects, following approval from the TSX Venture Exchange (TSXV). The new agreement, effective April 14, 2026, offers Gamma enhanced financial flexibility. Key payments include completed amounts of US$370,000 and forthcoming payments of US$680,000. Additionally, 1,000,000 common shares of Gamma will be issued, subject to a statutory hold. These terms enable Gamma to align its capital strategy while maintaining project rights.
Gamma is advancing exploration at its Mesa Arc and Green River projects. Efforts focus on refining exploration targets through data analysis, permitting, and field programs to support drilling activities. The original lease agreement terms remain unchanged except for financial amendments. This financial restructuring aids Gamma's pursuit of high-quality uranium assets in the Mountain West region.
R. P.
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