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Pan American Energy Completes $900K First Tranche of Private Placement

Pan American Energy Corp. (CSE: PNRG) (OTCQB: PAANF) (FRA: SS60) successfully closed the first segment of its non-brokered private placement, amassing C$898,749.88.

Pan American’s Strategic Financing Move

Pan American issued 1,892,105 units at $0.475 each. Each unit includes a common share and a warrant, allow shareholders to purchase additional shares until March 7, 2026.

Funding Future Growth

The proceeds will support the company’s administrative needs and its Horizon Lithium Project expenditures.

Investment Opportunity Details

Investors in Canada, excluding Quebec, have access to this offering, ensuring straightforward resale. An offering document provides further insights into the private placement’s purposes.

About Pan American Energy Corp.

As a frontrunner in North America’s battery metals sector, Pan American is paving the way with its Big Mack Lithium Project in Ontario and the Horizon Lithium Project in Nevada.

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