Tenor Capital Management Company, LP. acquired 3,912,981 common shares in the capital of Gabriel Resources Ltd. in connection with the issuer’s non-brokered private placement of Common Shares. The Common Shares were issued at a price of $0.26 per Common Share. Additional details relating to the Private Placement can be found in the news releases of the issuer dated May 23, 2023 and June 8, 2023.
The securities of the issuer noted above were acquired for investment purposes and Tenor and/or one or more of its affiliates may, depending on market and other conditions, increase or decrease its beneficial ownership of Common Shares or other securities of the issuer whether in the open market, by privately negotiated agreement or otherwise.
