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Pambili Natural Resources Receives Partial Revocation Order from Alberta Securities Commission
CALGARY, Canada — May 8, 2026 — Leads & Copy — Pambili Natural Resources Company (“Pambili” or the “Company”) (TSXV: PNN) announced that the Alberta Securities Commission (the “ASC”) has issued a Partial Revocation Order, partially revoking the failure-to-file cease trade order issued against the Company on July 3, 2025.
The order is dated May 6, 2026. The Partial Revocation Order is available on SEDAR+.
The failure-to-file cease trade order (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 December 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”) on time.
Pambili has made the Required Filings (News Release dated March 23, 2026) but has yet to complete the Interim Statements or the audited annual financial statements, management’s discussion and analysis, and related CEO and CFO certifications for the year ended December 31, 2025, or the interim financial statements for the three months ended March 31, 2026 (the “New Filings”).
The Partial Revocation Order permits the Company to issue a series of unsecured Promissory Notes (each a “PN”) up to an aggregate amount of $160,000 (the “Financing”). For each PN issued, the Issuer will comply with the accredited investor prospectus exemption in section 2.3 of National Instrument 45-106 Prospectus Exemptions.
The FFCTO continues to apply in all other respects.
Pambili expects that the Financing will enable it to complete the Interim Statements and New Filings and apply for a full revocation of the FFCTO. The proceeds of the Financing will be allocated to the following budget:
Audit Fees $ 100,000
Accounting Fees $ 15,000
Legal Fees $ 10,000
Filing Fees/Late Filing Fees $ 15,000
Transfer Agent $ 5,000
Accounts Payable $ 5,000
General & Administration $ 10,000
Total $ 160,000
Prior to completion of each PN, each Lender 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 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.
Pambili Natural Resources Company is a natural resources exploration and development company currently active in Zimbabwe.