CALGARY, Canada (May 8, 2026) – TheNewswire — Pambili Natural Resources Company (“Pambili” or the “Company”) (TSXV: PNN) announces that the Alberta Securities Commission (the “ASC”) has issued an order dated May 6, 2026 (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 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.

 

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

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 - 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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