Calgary, Alberta – TheNewswire - May 23, 2025 – Pambili Natural Resources Corporation (“Pambili” or the “Company”) (TSXV: PNN) is providing this bi-weekly update on the status of the management cease trade order issued on May 07, 2025 (“MCTO”), by its principal regulator, the Alberta Securities Commission (the “ASC”), under National Policy 12-203 - Management Cease Trade Orders ("NP 12-203").

As announced on April 29, 2025 (the “Announcement”), the Company applied to the ASC for the MCTO due to a delay in filing its audited annual financial statements and related management discussion and analysis, and certifications for the financial year ended December 31, 2024 (the "Required Filings").

The Company confirms that since the date of the Announcement, (i) there have been no material changes to the information contained in the Announcement that would reasonably be expected to be material to an investor, (ii) there have been no failures by the Company in fulfilling its stated intentions with respect to satisfying the provisions of the alternative information guidelines as set out in NP 12-203, (iii) there has not been, nor is there anticipated to be, any other specified default subsequent to the default which is the subject of the Announcement, and (iv) there is no other material information concerning the affairs of the Company that has not been generally disclosed.

The Company confirms that it intends to satisfy the provisions of NP 12-203 and will continue to issue bi-weekly MCTO status reports until the Company files the Required Filings.

About Pambili Natural Resources Corporation: Pambili Natural Resources Corporation is a natural resources exploration and development company (www.pambilinrc.com) currently active in Zimbabwe and in the province of Alberta.

For further information, contact:

Pambili Natural Resources Corporation

Jon Harris (CEO)

T: 403 277 4421

E: jon.harris@pambilinrc.com

 

Neither 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.

 

Caution Regarding Forward-Looking Information Forward-looking statements - Certain information set forth in this news release may contain forward-looking statements that involve substantial known and unknown risks and uncertainties. Forward-looking statements are often, but not always, identified by words such as “believes”, “may”, “likely”, “plans”, or similar words. Forward- looking statements included in this news release include statements with respect to activities in Zimbabwe. These forward-looking statements are subject to numerous risks and uncertainties, certain of which are beyond the control of the Corporation, including, but not limited to the impact of general economic conditions, industry conditions, currency fluctuations, and dependence upon regulatory approvals. The Corporation does not assume any obligation to update the forward-looking statements to reflect changes in assumptions or circumstances other than as required by applicable law.

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