• Gabriel Resources raised USD 185,000 through a second closing of its private placement, issuing 3,181,552 units at CAD 0.0825 each.
• Total subscriptions reached approximately USD 2.51 million for 43,090,848 units, including USD 930,634 in cash proceeds.
• Each unit comprises one common share and one warrant exercisable at CAD 0.11 until October 16, 2031.
• A subsequent closing is expected to cover the remaining 15,380,909 units for approximately USD 894,365, subject to closing conditions.
• Net cash proceeds will fund working capital and essential operations, including efforts to annul the March 8, 2024, ICSID arbitration award.

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. Gabriel Resources Ltd. published the original content used to generate this news brief via ACCESS Newswire (Ref. ID: 202610271840ACCESSWRNAPR_____1242993) on October 27, 2026, and is solely responsible for the information contained therein.