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Gamma Resources Approves Stock Option Grants to Directors, Officers, and Consultants

VANCOUVER, British Columbia — October 21, 2025 — Leads & Copy — Gamma Resources Ltd. (TSX-V: GAMA; OTCPK: MLLOF; FRA: MRDN) has announced its Board of Directors has approved the grant of stock options to directors, officers, and consultants. These options, under the Company’s Stock Option Plan, allow the purchase of up to 1,375,000 common shares at an exercise price of $0.20 per share, pending TSX Venture Exchange policies and the Stock Option Plan.

The options have a five-year term, expiring on October 21, 2030, and vest immediately, except for 450,000 options granted to Momentum IR Corp., which vest in four equal tranches over 12 months. Gamma Resources Ltd. is a U.S.-focused uranium exploration and development company with assets in the Mountain West region, including the Green River Project in Utah and the Mesa Arc Project in New Mexico. The company trades on the Toronto Venture Exchange (TSX-V: GAMA), OTC (OTCPK: MLLOF) and Frankfurt (FRA: MRDN).

Uranium was designated a U.S. critical mineral in March 2025, empowering federal agencies to expedite permitting and prioritize uranium mining. Executive actions have aimed to accelerate regulatory reform across the nuclear fuel cycle, targeting 400 GW of nuclear capacity by 2050. The uranium market faces a supply–demand imbalance, with spot prices rising to over US $80.00/lb as of October 2025. Nuclear energy is increasingly viewed as a carbon-free energy source.

Gamma Resources Ltd. aims to supply a market poised for structural growth.

Mr. Gabriel Alonso-Mendoza, President and CEO
Email: gabriel@gammaresourcesltd.com
Tel: (833) 854-6826

Source: Gamma Resources Ltd.

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