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News 2026-10-16 21:37 UTC

Gabriel Resources Closes Initial USD 2.32 Million Tranche of Private Placement

Gabriel Resources issued 39,909,296 units to Electrum and Paulson in an initial private placement closing totaling approximately USD 2.32 million. Subscriptions comprised USD 745,634 in cash and USD 1.58 million in debt settlement, fully discharging both investors’ bridge loans. Each CAD 0.0825 unit includes one common