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Gamma Resources plans $880,000 private placement at $0.08 per unit with full warrant coverage

PUBT·07/31/2026 23:21:08
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Gamma Resources plans $880,000 private placement at $0.08 per unit with full warrant coverage
  • Gamma Resources announced a non-brokered private placement of up to 11,000,000 units at USD 0.08 to raise up to USD 880,000.
  • Each unit includes one common share, one warrant exercisable at USD 0.12 for 36 months.
  • All securities will be subject to a four-month-and-one-day hold period, leaving no freely tradeable stock at closing.
  • Proceeds will fund exploration at the Mesa Arc project in New Mexico, the Green River project in Utah, also working capital.
  • The previously announced USD 2.1 million LIFE financing, including a concurrent placement, was canceled due to market conditions.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Gamma Resources Ltd. published the original content used to generate this news brief via ACCESS Newswire (Ref. ID: 202607311920ACCESSWRNAPR_____1199937) on July 31, 2026, and is solely responsible for the information contained therein.