BULLETIN V2026-1983
GAMMA RESOURCES LTD. ("GAMA") BULLETIN TYPE: Miscellaneous BULLETIN DATE: June 10, 2026 TSX Venture Tier 2 Company
TSX Venture Exchange has accepted the Company's warrant incentive program (the "Warrant Incentive Program) designed to encourage the exercise of up to 9,250,000 existing warrants of the Company. This total is comprised of 8,200,000 warrants, each exercisable at $0.15 until June 27, 2027, and 1,050,000 warrants, each exercisable at $0.15 until October 9, 2027.
Pursuant to the Warrant Incentive Program, each of the holders of warrants that exercised warrants during an early exercise period (the "Early Exercise Period") received an additional one common share purchase warrant entitling such holder to acquire one common share of the Company at a price of $0.15 per share for a three-year period.
The Early Exercise Period commenced on April 16, 2026, and expired on May 14, 2026.
In connection with the Warrant Incentive Program, a total of 4,030,000 warrants were exercised, providing gross proceeds of $604,500 to the Company and resulting in the Company issuing 4,030,000 Common Shares and 4,030,000 Incentive Warrants as follows:
Number of shares issued upon exercise of existing warrants: 4,030,000 common shares
Purchase Price (exercise price of the existing warrants): $0.15 per share (4,030,000 existing warrants)
Incentive Warrants: 4,030,000 share purchase warrants to purchase 4,030,000 shares.
Incentive Warrant Exercise Price: $0.15 per share for a three-year period
Commissions in Securities: nil
All warrants that were not exercised under the Warrant Incentive Program continued to be exercisable on their existing terms.
For further details, please refer to the Company's news releases dated April 16, 2026 and June 9, 2026. _______________________________________
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