Gabriel Resources Completes Private Placement Offering

Gabriel Resources Ltd. has concluded the second tranche of its non-brokered private placement, raising US$825,000. This follows the announcement made in August 2025, bringing total proceeds to US$2.865 million. Each unit, priced at C$0.105, includes one common share and a purchase warrant exercisable at C$0.14 until 2030. A four-month statutory hold applies to the securities issued.

The funding will support general corporate needs and expenses linked to the company's ICSID annulment application. Notably, no finders' fees will be paid for subscriber procurement. The issuance remains subject to TSX Venture Exchange approval. The securities are not registered under the U.S. Securities Act and aren't available for sale in the U.S.