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Pan American Energy ( (TSE:PNRG) ) just unveiled an announcement.
Pan American Energy Corp. has successfully closed its non-brokered private placements, raising a total of C$3,000,000 through the issuance of charity flow-through units and non-flow-through units. The proceeds will be used for Canadian exploration expenses and general working capital. This strategic financial move is expected to bolster the company’s exploration projects and enhance its market positioning.
More about Pan American Energy
Pan American Energy Corp. operates in the energy sector, focusing on exploration projects. The company is involved in the issuance of flow-through and non-flow-through units to fund its exploration activities and general working capital.
Average Trading Volume: 11,464
Technical Sentiment Signal: Sell
Current Market Cap: C$13.57M
For a thorough assessment of PNRG stock, go to TipRanks’ Stock Analysis page.