Pan American Energy Corp. (CSE: PNRG) (OTC PINK: PAANF) (FRA: SS60) has announced its plan to undertake a non-brokered charity flow through (FT) private placement offering of Common Shares.
Key Details of the Placement
Pan American aims to raise $900,000 by issuing Common Shares at $0.66 each. Funds from the FT Offering will support Canadian exploration expenses at the Big Mack Lithium Project, in compliance with the Canadian Securities Exchange.
Closing and Regulations
The expected closing date of the FT Offering is around December 29th, 2023. The offering’s completion hinges on receiving regulatory nods, including the CSE’s consent. Issued securities will undergo a four-month holding period post-closing.
About Pan American Energy Corp.
Engaged primarily in acquiring and developing mineral properties, Pan American is focused on North American battery metals. It holds options to acquire significant interests in both the Big Mack Lithium Project and the Horizon Lithium Project.
For further inquiries or information, Pan American invites you to contact Jason Latkowcer, CEO & Director, via phone at (587) 885-5970 or email.
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