Pambili Natural Resources Receives TSX Venture Exchange Approval for Debt Settlement

Calgary, Canada — June 18, 2025 — NewsWall — Pambili Natural Resources Corporation (TSX-V: PNN) has received approval from the TSX Venture Exchange for a debt settlement totaling C$404,453. The company issued 5,777,903 new shares to creditors, bringing the total number of shares in issue to 60,576,261. The shares are subject to a statutory four-month-and-one-day hold.

In a prior release on June 5, 2025, Pambili confirmed Disinterested Shareholder Approval to convert Insider Debt to Shares at C$0.07 per share. Under the debt settlement agreements, all creditors will settle their debt at 50 cents on the dollar.

Pambili also clarified that participation by Insiders in the Settlement constitutes a “related party transaction” under Multilateral Instrument 61-101, relying on exemptions from formal valuation and minority shareholder approval requirements as Insider participation will not exceed 25% of the company’s market capitalization.

Pambili Natural Resources Corporation is a natural resources exploration and development company active in Zimbabwe.

For further information, contact Jon Harris (CEO) at +1 (403) 277 4421 or jon.harris@pambilinrc.com.

Source: Pambili Natural Resources