Gelum Arranges Debt Settlement
Suite 1570 – 200 Granville Street
Vancouver, BC, Canada, V6C 3L6
Ph. 604-484-1228
Fx. 604-408-7488
GELUM ARRANGES DEBT SETTLEMENT
NR25-01 December 19, 2025
FOR IMMEDIATE RELEASE…Vancouver, BC – December 19, 2025 – Gelum Resources Ltd. (the
“Company” or “ Gelum”) reports that it has arranged to settle up to $80 0,897.87 in outstanding debt,
through the issuance of up to 16,017, 957 common shares at a deemed price of $0.05 per share. Debt
settlements include certain insiders of the Company. All shares issued will have a four month plus one day
hold period.
All share issuances to insiders of the Company constitute related party transactions under Multilateral
Instrument 61-101 – Protection of Minority Security Holders in Special Transactions ( “MI 61-101”). The
Company is relying on the exemptions from the formal valuation and minority approval requirements under
MI 61 - 101, pursuant to sections 5.5(a) and 5.7(1)(a) of MI 61- 101, as the fair market value of the
transaction, insofar as it involves intereste d parties, is not more than the 25% of the Company ’s market
capitalization.
About Gelum Resources Ltd.
Gelum Resources is a Company led by seasoned management and advisors in the mining and
financial sectors.
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On Behalf of the Board of Directors
Hendrik van Alphen, Director
For further information about Gelum, please contact:
Hendrik van Alphen ([email protected]) or Marla Ritchie ([email protected])
Phone: 604 484-1228
Neither the Canadian Securities Exchange nor its Market Regulator (as that term is defined in the policies
of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of this release.
Gelum Resources Ltd. - 2 - December 19, 2025
NR25-01 Continued
Forward-Looking Information:
This press release may include ‘forward-looking information’, within the meaning of Canadian securities legislation,
about the business of the Company. Forward- looking information is based on certain key expectations and
assumptions made by the Company’s m anagement, including future plans for the Company. Although the Company
believes that the expectations and assumptions on which such forward- looking information is based are reasonable,
investors should not unduly rely on the forward- looking information because the Company cannot assure that it will
prove to be correct. Forward-looking statements in this press release are made as of the date of this press release. The
Company disclaims any intent or obligation to update publicly any forward -looking information, whether as a result
of new information, future events or results or otherwise, other than as required by applicable securities laws.