Pan Asia Metals Ltd. (AU:PAM) has released an update.
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Pan Asia Metals Limited (ASX: PAM), a company focused on the exploration and development of battery and critical metals, has announced the issuance of over 2.4 million new shares to meet option fees requirements. These shares are exempt from the usual on-sale restrictions, facilitating their movement in the market. PAM is strategically positioning itself as a low-cost producer of lithium and copper, vital for the electrification of the economy, with significant projects in South-East Asia and South America.
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