Gamma Resources closes $1.75 million private placement of 21,875,000 units at $0.08 each
Bitget2026/10/06 21:45Gamma Resources closed a non-brokered private placement raising gross proceeds of $1.75 million. Issued 21,875,000 units at $0.08; each includes one common share, one non-transferable warrant exercisable at $0.12 for 36 months. Final tranche raised $877,500 via 10,968,750 units; paid finders’ fees of $7,770 cash, 97,125 warrants exercisable at $0.08 for 24 months. Insiders bought 1,562,500 shares in the second tranche. Proceeds earmarked for exploration at Mesa Arc in New Mexico, Green River in Utah, general working capital. 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: 202610061745ACCESSWRNAPR_____1233789) on October 06, 2026, and is solely responsible for the information contained therein.
- Gamma Resources closed a non-brokered private placement raising gross proceeds of $1.75 million.
- Issued 21,875,000 units at $0.08; each includes one common share, one non-transferable warrant exercisable at $0.12 for 36 months.
- Final tranche raised $877,500 via 10,968,750 units; paid finders’ fees of $7,770 cash, 97,125 warrants exercisable at $0.08 for 24 months.
- Insiders bought 1,562,500 shares in the second tranche.
- Proceeds earmarked for exploration at Mesa Arc in New Mexico, Green River in Utah, general working capital.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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