Gamma Resources Settles Remaining Balance of Outstanding Debt
-
Russians vote on last day of parliamentary elections
-
US fears rapid escalation in Mideast after Houthis attack Riyadh
-
Hong Kong pays final respects to former city leader Tung
-
Japan triathlete Hojo wins first gold of Asian Games
-
Typhoon put people off Asian Games opening ceremony, official says
-
IOC president impressed by 'beautiful' Asian Games wooden huts
-
China's 13-year-old Yu cruises as Asian Games swimming begins
-
First Asian Games gold goes to Japan as China's 13-year-old Yu lights up pool
-
AI 'warning shots' focus Beijing on national security risks
-
Data centre command hub keeps AI up and running
-
Philippine tribe in limbo over US-led tech hub
-
Pope Leo in France: the issues on the table
-
Leo XIV, first US pope transcends his restrained style
-
Packing for a pope: behind the scenes on foreign trips
-
Singer Ed Sheeran says Gaza situation 'unjustifiable' following controversy
-
Republicans find transgender issues a powerful political weapon in midterm campaigning
-
In 'Tenzing', a Sherpa mountaineer gets his due
-
German state elections threaten new shock waves for Merz
-
Ed Sheeran set to return to stage after Palestinian controversy
-
Chile's Bachelet quits race to be next UN chief
-
Toulouse edge Vannes, Lyon beat Pau to take Top 14 summit
-
Raphinha treble fires perfect Barca to win at Sevilla
-
Germans arrested for Louvre stunt in Mona Lisa hall
-
Thiam makes winning heptathlon return at Decastar meet
-
Saudi-led coalition says Houthis fired ballistic missile at Riyadh
-
Czechs beat USA to qualify for Davis Cup finals
-
France's debt climbs to highest since 1978: ministry
-
Dortmund sink Stuttgart to climb to Bundesliga summit
-
McIlroy two shots off the lead at Wentworth after eagle on 18
-
Trump says will not tolerate attempts to slow AI growth
-
Martinez brace saves Inter in Serie A top-two clash with Roma
-
'It has to stop': runners protest women's murders in S.Africa district
-
Rosenior abused but guides Paris FC past old club Strasbourg
-
Fire erupts near Riyadh airport as Houthis claim strikes
-
Seven-try Lyon beat Pau, climb to Top 14 summit
-
Cuba works to restore power after another blackout
-
Brighton defeat a 'big lesson' against complacency for Arsenal, says Arteta
-
England thrash Sri Lanka again to return to top of T20 rankings
-
Thousands protest inaction over climate crisis in Switzerland
-
Arsenal thrashed by Brighton, sorry Spurs lose again
-
Carapaz out of cycling world championships
-
South Korea, Austria qualify for Davis Cup finals
-
'Fragile' Tottenham beaten by Aston Villa despite late rally
-
Seare shocks Ingebrigtsen to win world 5km gold
-
Mourinho hails Real Madrid grit before Atletico derby clash
-
Brigitte Bardot widower slams sale of star's belongings
-
Martin wins Austrian MotoGP sprint after Acosta crash
-
Aston Villa compound Tottenham's misery despite late rally
-
Japan edge Fiji to win Pacific Nations Cup
-
Asian Games offer 'deepest apologies' for South Korea anthem blunder
Gamma Resources Settles Remaining Balance of Outstanding Debt
VANCOUVER, BRITISH COLUMBIA / ACCESS Newswire / June 22, 2026 / Gamma Resources Ltd. (TSXV:GAMA)(OTCQB:GAMXF)(FSE:MRD0) ("Gamma" or the "Company") is pleased to announce that it has settled the remaining balance of it's outstanding debt through a combination of cash and equity with certain noteholders, including Mercer Street Global Opportunity Fund LLC and Cavalry Fund I LP (collectively, the "Holders"), to fully settle outstanding convertible promissory notes. This agreement (the "Agreement") was initially announced in the Company's March 19th press release (Gamma Resources Announces Debt Settlement and Insider Warrant Exercises).
Pursuant to the Company's news release of March 19, 2026, Gamma has settled the remaining balance of its outstanding debt through a combination of cash and equity. Under the terms of the agreement the Company will issue 1,831,500 common shares at a price of $0.15 per share and 1,831,500 warrants (each warrant is exercisable at 15 cents for a period of 36 months after issuance, subject to a 4 month plus one day hold period) in settlement of $274,725 of the debt.
In addition, the Company has made a cash payment of $375,000 subsequent to the March 19, 2026 announcement, and will make a cash payment of $248,926.34, payable within 30 days following TSX Venture Exchange approval.
Connor Messler, President of Gamma, commented "With all legacy debt obligations resolved we are excited to increase our focus on exploration planning and program execution. The capital structure created through this Agreement strengthens the Company's position ahead of the 2026-2027 field programs."
About Gamma Resources Ltd.
Gamma Resources Ltd. is a U.S.-focused uranium exploration and development company advancing high-quality assets in the Mountain West region. The Company's portfolio includes the Green River Project in Utah, comprising 1,100 acres near prominent regional producers, and the Mesa Arc Project in New Mexico, a strategic land position now totaling 4,520 acres that includes historic uranium resources in the Chama Basin. Management believes the Company is uniquely positioned to benefit from the unprecedented policy and market tailwinds reshaping the U.S. nuclear landscape, and help meet this demand with responsibly sourced, U.S.-based uranium supply.
Gamma trades on the TSX Venture Exchange (TSXV:GAMA), OTC (OTCQB:GAMXF) and Frankfurt (FSE:MRD0).
For Further Information
Mr. C. Connor Messler, President
Email: [email protected]
Tel: (833) 854-6826
SOURCE: Gamma Resources LTD
View the original press release on ACCESS Newswire
R.Chavez--AT
