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Pambili announces partial revocation of failure to file Cease Trade Order
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CALGARY, Canada – TheNewswire - Sept. 26, 2025 —Pambili Natural Resources Company (“Pambili” or the “Company”) (TSXV: PNN) announces that the Alberta Securities Commission (the “ASC”) has issued an order dated Sept. 25, 2025 (the “Partial Revocation Order”) partially revoking the failure-to-file cease trade order issued against the Company on July 3, 2025 (the “FFCTO“). A copy of the Partial Revocation Order is available on SEDAR+.
The FFCTO was issued because the Company was unable to file its audited annual financial statements, management’s discussion and analysis, and related CEO and CFO certifications for the year ended Dec. 31, 2024 (the “Required Filings”) by the April 30, 2025, deadline. The Company was also unable to file its interim financial statements for the three months ended March 31, 2025 (the “Interim Statements”).
The Partial Revocation Order permits the Company to complete the first tranche (“Tranche”) of the non-brokered private placement (the “Offering”), previously announced on June 23, 2025. The FFCTO continues to apply in all other respects.
Pambili intends to allocate the proceeds from the Tranche as follows:
Auditing Fees $ 90,000
Accounting Fees $ 15,000
Legal Fees $ 15,000
Filing Fees $ 8,500
Working Capital $ 10,000
Total $138,500
Prior to completion of the Tranche, each Investor will receive a copy of the FFCTO and the Partial Revocation Order, and will be required to provide a signed and dated acknowledgement to the Company that all of the Company’s securities, including the Common Shares issued in the Tranche, will remain subject to the FFCTO until such order is fully revoked, and that the granting of the Partial Revocation Order by the ASC does not guarantee the issuance of a full revocation order in the future.
Completion of the Tranche is subject to the final approval of the TSX Venture Exchange (the “Exchange”) and the Company has applied to the Exchange for that approval. There can be no assurances that the Tranche will be completed on the terms set out herein, or at all, or that the proceeds of the Tranche will be sufficient for the purposes set out in our News Release dated Aug. 27, 2025.
About Pambili Natural Resources Company: Pambili Natural Resources Company is a natural resources exploration and development company (www.pambilinrc.com) currently active in Zimbabwe.
For further information, contact:
Pambili Natural Resources Company
T: 403 277 4421
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 Company, including, but not limited to the impact of general economic conditions, industry conditions, currency fluctuations, and dependence upon regulatory approvals. The Company 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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