15:54:28 EDT Wed 08 May 2024
Enter Symbol
or Name
USA
CA



Pan Global Resources Inc
Symbol PGZ
Shares Issued 243,000,000
Close 2023-11-24 C$ 0.165
Market Cap C$ 40,095,000
Recent Sedar Documents

Pan Global 30.35-million-share private placement

2023-11-24 17:35 ET - Private Placement

The TSX Venture Exchange has accepted for filing documentation with respect to a non-brokered private placement announced on Oct. 4, 2023, and Oct. 19, 2023.

Number of shares:  30.35 million shares

Purchase price:  20 cents per share

Warrants:  30.35 million share purchase warrants to purchase 30.35 million shares

Warrant exercise price:  30 cents for a three-year period, subject to an acceleration clause

Number of placees:  80 placees

Total existing insider involvement:  776,280 (three insiders)

Total pro group involvement:  850,000 (four pro groups)

Finder's fee:  $273,295.92

The company issued a news release on Nov. 1, 2023, confirming the closing of the private placement. Note that in certain circumstances, the exchange may later extend the expiry date of the warrants, if they are less than the maximum permitted term.

© 2024 Canjex Publishing Ltd. All rights reserved.