Gamma Resources Announces Grant of Stock Options
Gamma Resources Announces Grant of Stock Options
VANCOUVER, British Columbia, October 21, 2025 – Gamma Resources Ltd. (TSX-V: GAMA;
OTCPK: MLLOF; FRA: MRDN) (“Gamma” or the “ Company”) announces that its Board of
Directors has approved the grant of stock options under the Company's Stock Option Plan to
directors, officers, and consultants to purchase up to an aggregate of 1,375,000 common shares
at an exercise price of $0. 20 per common share, subject to the policies of the TSX Venture
Exchange and the Company's Stock Option Plan.
The options have a five -year term, expiring on October 21, 2030. All options vest immediately,
except for 450,000 options granted to Momentum IR Corp., which will vest in four equal tranches
over 12 months from the date of grant.
About Gamma Resources Ltd.
Gamma Resources Ltd. is a U.S. -focused uranium exploration and development company
advancing high-quality assets in the Mountain West region. The Company’s portfolio includes the
Green River Project in Utah, comprising 1,100 acres near prominent regional producers, and the
Mesa Arc Project in New Mexico, a strategic land position now totaling 4,520 acres that includes
historic uranium resources in the Chama Basin. Management believes the Company is uniquely
positioned to benefit from the unprecedented polic y and market tailwinds reshaping the U.S.
nuclear landscape, and help meet this demand with responsibly sourced, U.S. -based uranium
supply.
Gamma trades on the Toronto Venture Exchange (TSX-V: GAMA), OTC (OTCPK: MLLOF) and
Frankfurt (FRA: MRDN).
About Uranium
In March 2025, President Trump issued Executive Order 14156 formally designating uranium as
a U.S. critical mineral.1 This legal shift empowers federal agencies under the Defense Production
Act to fast-track permitting, direct federal procurement, and prioritize uranium mining, conversion,
enrichment, and fuel fabrication infrastructure across the country. A follow-on executive package
on May 23 accelerated regulatory reform across the nuclear fuel cycle — including licensing of
advanced reactors (Gen III/IV), small modular reactors (SMRs), microreactors, and establishing
a goal of 400 GW of nuclear capacity by 2050 —creating a supportive policy ecosystem for
domestic uranium producers and enabling secure HALEU supply chains for next -generation
reactors.2
Meanwhile, the uranium market is facing a historic supply –demand imbalance. Years of under
investment and tightened geopolitical trade have compressed inventories and elevated prices.
Spot uranium prices recovered from lows near US $63/lb in early 2025 to over US $80.00/lb as
of October 20253, while long-term contracts and forward ceilings continue rising as utilities secure
supply.4 At the same time, nuclear energy is increasingly viewed as a reliable, carbon -free
backbone for both energy security and climate goals, with Western governments doubling down
on nuclear deployment and investing in domestic fuel chains, SMRs, and advanced reactor
technologies.5 These tailwinds explain why the Company feels strategically positioned in uranium,
eager to help to supply a market poised for structural growth and supported by strong public policy
frameworks.
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1 Immediate Measures to Increase American Mineral Production – The White House
https://www.whitehouse.gov/presidential-actions/2025/03/immediate-measures-to-increase-american-
mineral-production/
2 K&L Gates: President Trump Issues Sweeping Executive Orders Targeting Nuclear Regulation (May 23,
2025) https://www.klgates.com/President-Trump-Issues-Sweeping-Executive-Orders-Targeting-Nuclear
Regulation-6-5-2025
3 UxC U3O8 Daily Spot Price based on 10/7/2025
4 Sprott: Uranium’s Mid-Year Momentum (June 2025 pricing and equity
data) https://sprott.com/insights/uranium-s-mid-year-momentum/
5 Trump's nuclear energy orders would boost uranium prices, investments, experts say | Reuters
https://www.reuters.com/business/energy/trumps-nuclear-energy-orders-would-boost-uranium-prices-
investments-experts-say-2025-05-27/
For Further Information
Mr. Gabriel Alonso-Mendoza, President and CEO
Email: [email protected]
Tel: (833) 854-6826
www.gammaresourcesltd.com
Forward-looking Statements
Neither the TSX Venture Exchange nor its regulation services provider (as that term is defined in
the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of
this release. Statements made in this news release, other tha n purely historical information,
including statements relating to the Company’s future plans and objectives or expected results,
may include forward -looking statements. forward -looking statements are based on numerous
assumptions and are subject to all of the risks and uncertainties inherent in resource exploration
and development. As a result, a ctual results may very materially from those described in the
forward-looking statements.
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