Core Viewpoint - Gamma Resources Ltd. has successfully renegotiated the terms of its existing promissory note with two US investors, enhancing flexibility and reinforcing relationships with the lenders [1][3]. Summary by Relevant Sections Revised Note Terms - The promissory note was originally issued on August 2, 2022, for a principal amount of US$1,150,000 with a 5% interest rate, resulting in net proceeds of US$975,000 after an original issue discount of US$150,000. The current outstanding balance is US$1,106,641 [5]. - The revised repayment schedule includes immediate good-faith payments and structured payments due by specific dates, totaling C$1,350,000 by September 30, 2026 [7]. Business Strategy and Asset Development - The modified repayment schedule aligns with Gamma's business plan and uranium asset development initiatives, providing repayment certainty for lenders while allowing the company to raise capital and advance projects [2][4]. - The company is advancing a portfolio of uranium projects in the U.S., including the Green River Project in Utah and the Mesa Arc Project in New Mexico, which are strategically positioned to contribute to U.S. energy security [9][10][20]. Market Context and Opportunities - The U.S. market for uranium and nuclear energy is supported by strong long-term fundamentals, with increasing demand for decarbonized and reliable power sources. Government policies are aimed at bolstering the domestic nuclear industrial base [8]. - Gamma's uranium-focused projects and its proprietary rare earths processing technology position the company to benefit from rising demand for clean energy sources while aligning with U.S. policy goals [11][20]. Lender Support and Future Growth - The lenders have expressed willingness to consider converting a portion of the note into equity, indicating confidence in Gamma's long-term growth potential [3]. - The company aims to unlock the potential of its asset portfolio and position itself for growth amid favorable market conditions [4].