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Two Blokes Apr 16 -
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Vancouver, BC – TheNewswire - April 16, 2025 – GABO Mining Ltd. ( TSXV: GAB | OTCQB: MLLOF | Frankfurt: MRDN ) (the “Company” or “GABO”) is pleased to announce that a wholly owned subsidiary of the Company (Medallion Research USA, Inc.), has entered into a lease agreement dated April 14, 2025 with C Bar B Properties Corporation (the “Vendor”), pursuant to which the Company has been granted a four year lease, with exclusive option to purchase, two advanced-stage uranium exploration projects located in Utah and New Mexico, United States (collectively, the “Projects”). In connection with the transaction and to reflect its sharpened focus on uranium exploration and development, the Company also announces its intention to rebrand as GAMMA Resources Ltd. The acquisition, the name change and the associated proposed new trading symbol “GARL” are all subject to approval by the TSX Venture Exchange. “Rebranding to GAMMA Resources Ltd. reflects a deliberate and strategic realignment of our corporate identity with our mission to develop U.S.-based uranium resources that directly support the country's energy security and transition to a low-carbon future,” said Gabriel Alonso-Mendoza, the Company's President and CEO. “Additionally, with our proprietary rare earth element (REE) extraction technology currently licensed to ACDC Metals Ltd (ASX: ADC) in Australia, we are expanding our role in supplying the critical raw materials essential to both national security and global clean energy objectives.”