VANCOUVER, BC4 – TheNewswire - (April 20, 2022) Gama Explorations Inc. (CSE:GAMA) (“Gama” or the “Company”) announces  a four-for-one (4:1) share split of the Company's issued and outstanding common shares (the "Share Split"). Each shareholder of record of the Company as of the close of business on the record date will receive three (3) additional shares for each share held on such date.

The Company currently has 7,542,700 issued and outstanding common shares. Upon completion of the split, there will be approximately 30,170,800 shares issued and outstanding. The record date for the stock split is April 27, 2022 and the shares will begin trading on a split basis on April 26, 2022.  The purpose of the stock split is to increase liquidity of the common shares.

The Company also wishes to clarify further to its April 19 news release, that it currently has 5,723,620 common shares that are in the freely-tradeable float, including shares held by insiders that are not subject to escrow.  

About Gama Explorations Inc.

Gama is a Canadian company listed on the Canadian Stock Exchange (CSE: GAMA). The Company is a mineral exploration company focused on the acquisition, exploration and development of properties for the mining of copper. The company currently has the right to acquire 100% interest in the property known as the Big Onion Project located a short 20-minute drive from the town of Smithers in northern British Columbia. The Company’s objective is to explore and, if warranted, develop the Big Onion Property. It is the intention of the Company to remain in the mineral exploration business. The Company will evaluate opportunities to acquire interest in additional exploration stage mineral properties.

The Canadian Securities Exchange has not reviewed this press release and does not accept responsibility for the adequacy or accuracy of this news release.