Pampa Metals Expands Private Placement to Fund Exploration
Company Announcements

Pampa Metals Expands Private Placement to Fund Exploration

Pampa Metals (TSE:PM) has released an update.

Pampa Metals has expanded its initially announced private placement from June 19, 2024, to raise $3.5 million through the sale of over 12.9 million units at $0.27 each, to fund further exploration of its promising Piuquenes Copper-Gold Porphyry Project. The company’s recent drilling results have shown significant mineralization, and the placement has attracted both long-term shareholders and a natural resources fund. Scheduled in two tranches, the private placement includes common shares and half purchase warrants, with a four-month hold period and is subject to Canadian Securities Exchange approval.

For further insights into TSE:PM stock, check out TipRanks’ Stock Analysis page.

Related Articles
TipRanks Canadian Auto-Generated NewsdeskPampa Metals Resumes Exploration in Argentina
TipRanks Canadian Auto-Generated NewsdeskPampa Metals Expands Exploration at Piuquenes Project
TipRanks Canadian Auto-Generated NewsdeskPampa Metals Expands Piuquenes Project Area
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App