Mr. Jon Harris reports

PAMBILI ANNOUNCES PARTIAL REVOCATION OF FAILURE TO FILE CEASE TRADE ORDER

The Alberta Securities Commission (the ASC) has issued an order dated Sept. 25, 2025, partially revoking the failure-to-file cease trade order issued against Pambili Natural Resources Corp. on July 3, 2025. 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 (chief executive officer) and CFO (chief financial officer) certifications for the year ended Dec. 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 partial revocation order permits the company to complete the first tranche of the non-brokered private placement, previously announced on June 23, 2025. The FFCTO continues to apply in all other respects.

Pambili intends to allocate the proceeds from the tranche as shown in the attached table.

Auditing fees                      $90,000
Accounting fees                    $15,000
Legal fees                         $15,000
Filing fees                         $8,500
Working capital                    $10,000

Total                             $138,500
 

Prior to completion of the tranche, each investor 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, including the common shares issued in the tranche, 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.

Completion of the tranche is subject to the final approval of the TSX Venture Exchange and the company has applied to the exchange for that approval. There can be no assurances that the tranche will be completed on the terms set out herein, or at all, or that the proceeds of the tranche will be sufficient for the purposes set out in the company's news release dated Aug. 27, 2025.

About Pambili Natural Resources Corp.

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

We seek Safe Harbor.