Welcome to our dedicated page for Gamma Resources news (Ticker: GAMXF), a resource for investors and traders seeking the latest updates and insights on Gamma Resources stock.
Gamma Resources Ltd. reports news tied to its U.S.-focused uranium exploration portfolio, including the Green River Project in Utah and the Mesa Arc Project in New Mexico. Company updates cover project agreements, exploration planning, permitting, field programs and land-position matters related to its uranium assets.
Gamma's news also includes public-company developments such as OTCQB trading under GAMXF, TSX Venture Exchange reporting status, warrant and capital-structure activity, and governance changes supporting its exploration-stage operations.
Gamma Resources (OTCQB:GAMXF) plans a non-brokered private placement of up to 11,000,000 units at $0.08 per unit for gross proceeds of up to $880,000. Each unit will include one common share and one full warrant exercisable at $0.12 for 36 months, with all securities subject to a four-month-and-one-day hold period, so no freely tradeable stock is created at closing.
The new financing replaces and fully cancels the previously announced LIFE financing and concurrent placement of up to 28,500,000 units for approximately $2.85 million, under which no securities were issued. According to Gamma, the revised structure reduces the maximum number of shares issuable by more than 60%, offers full warrant coverage versus a half warrant previously, and lowers the warrant exercise price from $0.15 to $0.12.
Insiders are expected to participate on the same terms, and the company may pay finder’s fees of up to 7% in cash and 7% in finder’s warrants priced at $0.08, subject to TSX Venture Exchange approval. Net proceeds are intended to advance exploration at the Mesa Arc Project in New Mexico (4,520 acres) and the Green River Project in Utah (1,100 acres), including claim expansion, surveys and prospecting, as well as for working capital and corporate purposes.
Gamma Resources (TSXV:GAMA, OTCQB:GAMXF) announced a non-brokered private placement comprising a Listed Issuer Financing Exemption offering of up to 21,000,000 LIFE Units at $0.10 for gross proceeds of up to $2,100,000 and a Concurrent Financing of up to 7,500,000 Units at $0.10 for up to $750,000.
Each LIFE Unit includes one common share and one-half warrant; LIFE Warrants are exercisable at $0.15 for 36 months starting 60 days after closing and are expected to be freely tradeable in Canada (with certain TSXV-related exceptions). Each Concurrent Financing Unit includes one share and one warrant at $0.15 for 36 months, subject to a four-month-and-one-day hold.
According to Gamma, net proceeds will fund exploration at the Mesa Arc (New Mexico) and Green River (Utah) uranium projects and general working capital. Closing, expected on or about August 29, 2026, requires TSXV and regulatory approvals, a minimum combined raise of $1,500,000, and may include finder’s fees of up to 7% in cash and 7% in Finder’s Warrants. Insiders may participate under MI 61-101 exemptions.
Gamma Resources (OTCQB:GAMXF, TSXV:GAMA) has settled the remaining balance of its outstanding convertible promissory notes using cash and equity with certain noteholders. The company will issue 1,831,500 shares at $0.15 and 1,831,500 warrants to settle $274,725 of debt, plus cash payments of $375,000 and $248,926.34 (the latter within 30 days of TSX Venture approval). Management states that resolving legacy debt supports exploration planning and 2026–2027 field programs.
Gamma Resources (OTCQB:GAMXF) will hold its annual general meeting on August 12, 2026. The company plans to release a management information circular with full Meeting details on its website and on SEDAR+ in the coming days.
Gamma Resources (OTCQB:GAMXF) received $604,500 from the exercise of 4,030,000 warrants at $0.15 under its warrant incentive program, completed May 14, 2026. The company issued 4,030,000 common shares and 4,030,000 incentive warrants, each exercisable at $0.15 for three years from June 3, 2026.
Gamma plans to use proceeds for exploration and working capital. Insider participation totaled 1,890,000 warrants, relying on MI 61-101 exemptions. Incentive warrants and underlying shares are subject to a hold period until October 4, 2026.
Gamma Resources (OTCQB:GAMXF) obtained TSX Venture Exchange approval for an April 14, 2026 amending agreement that revises payment terms for its U.S. uranium portfolio lease. Several scheduled cash payments are now complete, with US$680,000 remaining outstanding plus 1,000,000 common shares to be issued.
The amended schedule is intended to better align cash commitments with Gamma's capital allocation while it advances exploration at the Mesa Arc (New Mexico) and Green River (Utah) uranium projects.
Gamma Resources (OTCQB:GAMXF) appointed Connor Messler as President effective May 7, 2026. Messler has over 15 years in exploration and project management, most recently as Exploration Manager at Titan Mining, credited with discovering and delineating the Kilbourne Graphite Deposit.
He will lead exploration strategy for Gamma's U.S. uranium portfolio, including Green River, Utah, and Mesa Arc, New Mexico, and focus on project development and stakeholder engagement.
Gamma Resources (OTCQB:GAMXF) launched a Warrant Incentive Program effective April 16, 2026 through May 14, 2026 to encourage exercise of up to 9,250,000 existing warrants. Each exercised warrant will receive one additional three-year Incentive Warrant exercisable at $0.15 per share.
Eligible warrants were issued June 26, 2024 (8,200,000) and October 8, 2024 (1,050,000). Proceeds are planned for general working capital and exploration. Incentive Warrants and resulting shares carry a four-month-and-one-day hold period. The program is subject to regulatory approvals; insiders may participate under MI 61-101 exemptions.
Gamma Resources (OTCQB:GAMXF) amended payment terms for its U.S. uranium portfolio lease, replacing a previously scheduled lump-sum with staged cash payments and a share issuance to preserve liquidity and retain asset rights.
Gamma will pay US$20,000 by Apr 14, 2026; US$50,000 by May 14, 2026; US$50,000 by Jun 14, 2026; US$180,000 by Jul 14, 2026; and issue 1,000,000 common shares subject to TSX Venture Exchange approval and a four-month-and-one-day hold period.
Gamma said the revision aligns near-term cash commitments with its capital allocation while it advances exploration at Mesa Arc Project (New Mexico) and Green River Project (Utah).
Gamma Resources (OTCQB:GAMXF) elected to adopt semi-annual financial reporting under Coordinated Blanket Order 51-933, effective for its fiscal year ending March 31. The company will be exempt from filing interim financial reports and MD&A for Q1 (ending June 30) and Q3 (ending December 31).
Gamma will continue to file audited annual financial statements within 120 days of March 31 and six-month interim financial reports within 60 days of September 30. The company confirms it meets eligibility criteria including annual revenues under $10 million and a clean 12-month continuous disclosure record.