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NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES VANCOUVER, BC / ACCESS Newswire / August 28, 2026 / GAMMA Resources Ltd (TSXV:GAMA)(OTCQB:GAMXF)(Frankfurt:MRD0) ("GAMMA" or the "Company") is pleased to announce an increase in the gross proceeds of its non-brokered private placement $1,750,000. On July 31, 2026, Gamma announced the private placement to raise up to $880,000 and then on August 27, 2026 increased it to $1,500,000.

VANCOUVER, BC / ACCESS Newswire / August 27, 2026 / Gamma Resources Ltd (TSX-V:GAMA)(OTCPK:GAMXF)(Frankfurt:MRDO) ("Gamma" or the "Company") is pleased to announce that the non-brokered private placement (the "Private Placement") announced July 31, 2026, for gross proceeds of up to $880,000 has been increased to gross proceeds of up to $1,500,000. The Private Placement will consist of up to 18,750,000 units (each a "Unit") at a purchase price of $0.08 per Unit for gross proceeds of up to $1,500,000.

Single-tranche financing carries one full warrant per Unit at $0.12, issues less than half the Units contemplated under the previously announced offering, creates no freely tradeable stock at closing, and is expected to include insider participation. Proceeds are directed to the next phase of exploration at the Mesa Arc Project (New Mexico) and the Green River Project (Utah).