Pan Global Announces Private Placement
(firmenpresse) - VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 01/26/12 -- Pan Global Resources Inc. (the "Company") (TSX VENTURE: PGZ) is pleased to announce that it has arranged a non-brokered private placement of up to 5,000,000 Units of securities. The Units are being placed at a price of $0.60 per unit, for gross proceeds of $3,000,000.
Each Unit under the private placement consists of one common share and one-half of one common share purchase warrant. Each whole common share purchase warrant entitles the holder to acquire one additional common share of the Company at an exercise price of $0.80 within 24 months of closing. The placement is subject to regulatory approval.
The proceeds of the private placement will be used to further exploration activities in the Republic of Serbia through the Company's exploration partner Lithium Li Holdings Inc. and for working capital.
Finders' fees may be payable on a portion of the private placement.
Shares Issued and Outstanding: 22,501,482
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Contacts:
Pan Global Resources Inc.
Mr. Julian Bavin
President and CEO
604-689-9930
604-689-9940 (FAX)
Themen in dieser Pressemitteilung:
Unternehmensinformation / Kurzprofil:
Datum: 26.01.2012 - 18:52 Uhr
Sprache: Deutsch
News-ID 108301
Anzahl Zeichen: 0
contact information:
Town:
VANCOUVER, BRITISH COLUMBIA
Kategorie:
Mining & Metals
Diese Pressemitteilung wurde bisher 239 mal aufgerufen.
Die Pressemitteilung mit dem Titel:
"Pan Global Announces Private Placement"
steht unter der journalistisch-redaktionellen Verantwortung von
Pan Global Resources Inc. (Nachricht senden)
Beachten Sie bitte die weiteren Informationen zum Haftungsauschluß (gemäß TMG - TeleMedianGesetz) und dem Datenschutz (gemäß der DSGVO).
