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Pan American Energy ( (TSE:PNRG) ) has shared an announcement.
Pan American Energy Corp. has announced debt settlement agreements with certain creditors, resulting in the issuance of 2,205,841 common shares valued at $0.20 each to settle debts totaling $441,168.50. This transaction, pending approval from the Canadian Securities Exchange, reflects the company’s strategic financial management and could impact its operational liquidity and market positioning.
More about Pan American Energy
Pan American Energy Corp. is an exploration stage company focused on acquiring, exploring, and developing mineral properties containing battery metals in North America. The company has a significant interest in the Big Mack Lithium Project located in Ontario, Canada.
Average Trading Volume: 9,612
Technical Sentiment Signal: Sell
Current Market Cap: C$3.74M
Learn more about PNRG stock on TipRanks’ Stock Analysis page.