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Fabled Copper Announces Closing of First Tranche of Non Brokered Private Placements and Resignation of Director

Fabled Copper Announces Closing of First Tranche of Non Brokered Private Placements and Resignation of Director

Fabled Copper Corp. ("Fabled" or the "Company") (CSE:FABL)(FSE:XZ7) is pleased to announce that it has completed an initial closing of the non-brokered private placements (the "Offerings") announced in its press release dated April 12, 2023

The Company issued (i) 3,255,000 conventional units (the "Conventional Units") at a price of $0.08 per Conventional Unit for aggregate gross proceeds of $260,400 and (ii) 350,000 flow-through units (the " Flow-Through Units") at a price of $0.10 per Flow-Through Unit for aggregate gross proceeds of $35,000.

Each Conventional Unit is comprised of 1 common share of the Company ("Common Share") and 1 Common Share purchase warrant (each, a "ConventionalWarrant"). Each Conventional Warrant entitles the holder thereof to acquire 1 additional Common Share at a price of CAD$0.12 per Common Share for a period of 24 months from the date of issuance.

Each Flow-Through Unit is comprised of: (i) 1 Common Share designated as a "flow-through share" (each, a " Flow-Through Share") under the Income Tax Act (Canada) (the "Act")); and (ii) 1 Common Share purchase warrant (each, a "Flow-Through Warrant"). Each Flow-Through Warrant entitles the holder thereof to acquire 1 additional Common Share at a price of CAD$0.15 per Common Share for a period of 24 months from the date of issuance.

The Flow-Through Warrants and Conventional Warrants are each subject to an acceleration right exercisable by the Company which will force their exercise should the Company's Common Shares trade at or above a volume-weighted average price of $0.20 on the TSXV for any 20 consecutive trading days following the closing date.

The gross proceeds from the issuance of the Conventional Units will be used for general working capital purposes and expenses. The gross proceeds from the issuance of the Flow-Through Units will be used for "Canadian Exploration Expenses" within the meaning of the Act (the "Qualifying Expenditures"), which will be renounced with an effective date no later than December 31, 2023 to the purchasers of the Flow-Through Units in an aggregate amount not less than the gross proceeds raised from the issue of Flow-Through Units.

In connection with the closing of this tranche of the Offerings, the Company paid finder's fee commissions in the aggregate amount of $17,724 and issued 120,000 broker warrants (each, a "Broker Warrant"). The Broker Warrants have the same terms as the Conventional Warrants.

The Offerings are subject to the receipt of all necessary approvals, including the final acceptance and approval of the CSE.

All securities issued pursuant to this tranche of the Offerings are subject to the statutory hold period that expires four months and one day from their issuance, being September 26, 2023.

The Company wishes to announce that the Offerings will, subject to the approval of the CSE, remain open for an additional 45 days from the date of this press release, being July 10, 2023.

Resignation of Director

The Company also reports the resignation of David W. Smalley as Chairman and Director of the Company effective May 19, 2023. Mr. Smalley resigned due to constraints on his personal time and in order to concentrate on other opportunities.

About Fabled Copper

Fabled is a junior mining exploration company. Its current focus is to creating value for stakeholders through the exploration and development of its existing drill ready copper properties located in northern British Columbia.

The Company's current property package consists of the Muskwa Project and the Bronson Property and comprises approximately 16,219 hectares in three non-contiguous blocks and located in the Liard Mining Division of British Columbia. The Company is seeking to broaden and diversify its portfolio. To this end it has added two lithium claims (the VOLT 2 Property) in Miquelon, Quebec to its land package and is seeking to add both the OHM Property and the VOLT 1 Property, each lithium properties, located in the Val D'Or and Miquelon areas of Quebec respectively. The Company is also seeking to add an additional high grade gold and silver property, the TJ Ridge Property in British Columbia for which it has entered into a letter of intent.

Mr. Peter J. Hawley, President and C.E.O.
Fabled Copper Corp.
Phone: (819) 316-0919
peter@fabledcopper.org

For further information please contact:

info@fabledcopper.org

This news release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities in the United States. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the "U.S. Securities Act") or any state securities laws and may not be offered or sold within the United States or to U.S. Persons unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available.

The Canadian Securities Exchange does not accept responsibility for the adequacy or accuracy of this release.

Certain statements contained in this news release constitute "forward-looking information" as such term is used in applicable Canadian securities laws. Forward-looking information is based on plans, expectations and estimates of management at the date the information is provided and is subject to certain factors and assumptions, including, that the Company's financial condition, development plans and business plans do not change as a result of unforeseen events and that the Company obtains any required regulatory approvals.

Forward-looking information is subject to a variety of risks and uncertainties and other factors that could cause plans, estimates and actual results to vary materially from those projected in such forward-looking information. Some of the risks and other factors that could cause results to differ materially from those expressed in the forward-looking statements include, but are not limited to: the failure of the shareholders of the Company to approve the Consolidation Proposal, impacts from the coronavirus or other epidemics, general economic conditions in Canada, the United States and globally; industry conditions, including fluctuations in commodity prices; governmental regulation of the mining industry, including environmental regulation; geological, technical and drilling problems; unanticipated operating events; competition for and/or inability to retain drilling rigs and other services; inability to obtain drilling permits; the availability of capital on acceptable terms; the need to obtain required approvals from regulatory authorities; stock market volatility; volatility in market prices for commodities; liabilities inherent in mining operations; changes in tax laws and incentive programs relating to the mining industry; as well as the other risks and uncertainties applicable to the Company as set forth in the Company's continuous disclosure filings filed under the Company's profile at www.sedar.com. The Company undertakes no obligation to update these forward-looking statements, other than as required by applicable law.

SOURCE: Fabled Copper Corp.



View source version on accesswire.com:
https://www.accesswire.com/757430/Fabled-Copper-Announces-Closing-of-First-Tranche-of-Non-Brokered-Private-Placements-and-Resignation-of-Director

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Fabled Copper Reports 23.40% Copper on the south extension of the Eagle Creek Copper Occurrence

Fabled Copper Reports 23.40% Copper on the south extension of the Eagle Creek Copper Occurrence

Fabled Copper Corp. ("Fabled Copper" or the "Company") (CSE:FABL)(FSE:XZ7) announces the results of 2022 surface field work on its Muskwa Copper Project. See Figure 1 below

Figure 1 - General Property Location

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Fabled Copper Announces Non Brokered Private Placements for Gross Proceeds of up to CAD$1,500,000

Fabled Copper Announces Non Brokered Private Placements for Gross Proceeds of up to CAD$1,500,000

Fabled Copper Corp. ("Fabled" or the "Company") (CSE:FABL)(FSE:XZ7) is pleased to announce two concurrent non-brokered private placements (collectively, the "Offerings") to raise aggregate gross proceeds of up to CAD$1,500,000

Fabled Copper Reports Multi +10% Copper Values Including 29.30% Copper on West Side of the Eagle Creek Copper Occurrence

Fabled Copper Reports Multi +10% Copper Values Including 29.30% Copper on West Side of the Eagle Creek Copper Occurrence

Fabled Copper Corp. ("Fabled Copper" or the "Company") (CSE:FABL)(FSE:XZ7) announces the results of 2022 surface field work on its Muskwa Copper Project. See Figure 1 below

Figure 1 - General Property Location

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Fabled Copper Announces Consolidation

Fabled Copper Announces Consolidation

Fabled Copper Corp. ("Fabled" or the "Company") (CSE:FABL)(FSE:XZ7) announces that further to its press release dated December 19, 2022, that the Company will consolidate all of its issued and outstanding common shares on the basis of one (1) post-consolidated Share (each a "Post Consolidated Common Share") for every ten (10) pre-consolidated shares (each a "Pre Consolidated Common Share") held (the "Consolidation"). The Consolidation is intended to make the Company more attractive to potential new investors

At a special meeting of shareholders of the Company held on January 10, 2023, the shareholders of the Company authorized the board of directors of the Company (the "Board"), at their discretion, to conduct a consolidation of the outstanding securities of the Company on an up to ten (10) for one (1) basis.

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Fabled Copper Announces Correction to News Release Dated March 22, 2023

Fabled Copper Announces Correction to News Release Dated March 22, 2023

Fabled Copper Corp. ("Fabled" or the "Company") (CSE:FABL)(FSE:XZ7) advises that the location of the VOLT 1 Property and VOLT 2 Property, referred to in its news release dated March 22, 2023 (the "News Release") was incorrect

The VOLT 1 Property and VOLT 2 Property are not located in the James Bay Lithium District and are not less than 4 kilometers to the west of Patriot Battery Metals (PMET.V) Corvette lithium project.

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Lumina Gold Announces Receipt of First Early Deposit Payment of US$12M from Wheaton Precious Metals

Lumina Gold Announces Receipt of First Early Deposit Payment of US$12M from Wheaton Precious Metals

Lumina Gold Corp. (TSXV: LUM) (OTCQX: LMGDF) (the "Company" or "Lumina") is pleased to announce that it has received the first US$12 million payment (the "First Early Deposit Payment") under the previously announced precious metals purchase agreement (the "Gold Stream") with Wheaton Precious Metals International Ltd. ("Wheaton") in relation to its 100% owned Cangrejos gold-copper project located in El Oro Province, Ecuador (the "Project" or "Cangrejos").

Lumina Gold Corp. Logo (CNW Group/Lumina Gold Corp.)

The principal terms of the First Early Deposit Payment and the Gold Stream are as described in the Company's news release dated May 16, 2023 , whereby Wheaton will pay a total of US$300 million to acquire 6.6% of the payable gold produced from the Project until 700,000 ounces of gold have been delivered, and 4.4.% thereafter, with US$48 million being paid as an early deposit pre-construction and US$252 million being paid during construction.

The Company also wishes to clarify information disclosed in its May 16, 2023 news release, to revise the original statement from "Wheaton will pay a production payment representing 18.0% of the spot price of gold for the first 700,000 ounces and 22.0% of the spot price of gold thereafter" to "Wheaton will make ongoing payments for the gold ounces delivered equal to 18.0% of the spot price of gold until the uncredited deposit is reduced to nil and 22.0% of the spot price of gold thereafter".

Lumina Gold Corp. (TSXV: LUM) is a Vancouver, Canada based precious and base metals exploration and development company focused on the Cangrejos Gold-Copper Project located in El Oro Province, southwest Ecuador . In 2023, the Company completed a Preliminary Feasibility Study (the "PFS") for Cangrejos, which is the largest primary gold deposit in Ecuador . Lumina has an experienced management team with a successful track record of advancing and monetizing exploration projects.

Follow us on: Twitter , Linkedin or Facebook .

Further details are available on the Company's website at https://luminagold.com/ . To receive future news releases please sign up at https://luminagold.com/contact .

Lumina Gold Corp.

Signed: "Marshall Koval"

Marshall Koval , President & CEO, Director

Neither the 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 news release.

Cautionary Note Regarding Forward-Looking Information

Certain statements and information herein, including all statements that are not historical facts, contain forward-looking statements and forward-looking information within the meaning of applicable securities laws. Such forward-looking statements or information include but are not limited to statements or information with respect to: the Company's decision and ability to develop the Project into a producing mine; payment by Wheaton of $300 million to Lumina and the satisfaction of each party's obligations in accordance with the Gold Stream; and the delivery to Wheaton of gold production in respect of the Project. Often, but not always, forward-looking statements or information can be identified by the use of words such as "will" or "projected" or variations of those words or statements that certain actions, events or results "will", "could", "are proposed to", "are planned to", "are expected to" or "are anticipated to" be taken, occur or be achieved.

With respect to forward-looking statements and information contained herein, the Company has made numerous assumptions including among other things, assumptions about general business and economic conditions; the prices of gold, copper and silver; the Company's ability to meet its obligations under the Gold Stream and other material agreements; the accuracy and reliability of technical data, forecasts, estimates and studies, including the PFS; the accuracy of slope guidance underlying the engineered pit design; estimates of mineral resources and mineral reserves; anticipated costs and expenditures; future results of operations; ability to satisfy power infrastructure and water capacity requirements; availability and ability to procure personnel, machinery, supplies, and equipment from local sources where possible; the characteristics of the Project producing innate positive environmental impacts; tax rates and royalty rates applicable to the Project; the relationship between the Company and the local communities and its business partners; ability to operate in a safe and effective manner; and the success of exploration, development and processing activities. The foregoing list of assumptions is not exhaustive.

Although management of the Company believes that the assumptions made and the expectations represented by such statements or information are reasonable, there can be no assurance that a forward-looking statement or information herein will prove to be accurate. Forward-looking statements and information by their nature are based on assumptions and involve known and unknown risks, uncertainties and other factors which may cause the Company's actual results, performance or achievements, or industry results, to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements or information. These factors include, but are not limited to: risks relating to exploration activities and accurately predicting mineralization; the timing and ability of the Company to obtain necessary permits; risks relating to inaccurate geological and engineering assumptions (including with respect to the tonnage, grade and recoverability of reserves and resources); risks relating to unanticipated operational difficulties (including failure of equipment or processes to operate in accordance with specifications or expectations, cost escalation, unavailability of materials and equipment, government action or delays in the receipt of government approvals, industrial disturbances or other job action, and unanticipated events related to health, safety and environmental matters); capital costs varying significantly from estimates; business and economic conditions in the mining industry generally; risks associated with the business of the Company; the supply and demand for labour and other project inputs; changes in commodity prices; changes in interest and currency exchange rates; inflation and credit risks; risks relating to adverse weather conditions; political risk and social unrest; changes in general economic conditions or conditions in the financial markets; and other risk factors as detailed from time to time in the Company's continuous disclosure documents filed with Canadian securities administrators. The Company does not undertake to update any forward-looking information, except in accordance with applicable securities laws.

Cision View original content to download multimedia: https://www.prnewswire.com/news-releases/lumina-gold-announces-receipt-of-first-early-deposit-payment-of-us12m-from-wheaton-precious-metals-301835971.html

SOURCE Lumina Gold Corp.

Cision View original content to download multimedia: http://www.newswire.ca/en/releases/archive/May2023/26/c8359.html

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Osisko Metals: Corporate Update

Osisko Metals: Corporate Update

Osisko Metals Incorporated (the " Company " or " Osisko Metals ") ( TSX-V: OM ; OTCQX: OMZNF ; FRANKFURT: 0B51 ) wishes to announce, as per regulatory compliance, the following updates:

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Los Andes Copper Appoints Santiago Montt as Chief Executive Officer

Los Andes Copper Appoints Santiago Montt as Chief Executive Officer

Los Andes Copper Ltd. (TSXV: LA) (OTCQX: LSANF) ("Los Andes" or the "Company") advises that Santiago Montt has been appointed as the Chief Executive Officer ("CEO") of the Company, effective May 25, 2023.

Mr. Montt has served the Company as Interim CEO since November 1, 2022, where he was responsible for the Company's operations in Chile. Prior to this, he was the Company COO.

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FPX Nickel Announces Results of 2023 Annual General and Special Meeting

FPX Nickel Announces Results of 2023 Annual General and Special Meeting

 FPX Nickel Corp. (TSXV: FPX) (OTCQB: FPOCF) (" FPX " or the " Company ") is pleased to announce the results of its 2023 Annual General and Special Meeting held on May 25, 2023 .

FPX Nickel Corp. Logo (CNW Group/FPX Nickel Corp.)

At the meeting, the shareholders voted to set the number of Board members at seven and elected Peter M.D. Bradshaw , Anne Currie , James S. Gilbert , Peter J. Marshall , William H. Myckatyn , Robert B. Pease and Martin E. Turenne as directors of the Company to hold office for the ensuing year. The shareholders also voted in favour of the appointment of DeVisser Gray LLP as the auditor of the Company for the ensuing year and approved the Company's Share Compensation Plan.

About FPX Nickel Corp.

FPX Nickel Corp. is focused on the exploration and development of the Decar Nickel District, located in central British Columbia , and other occurrences of the same unique style of naturally occurring nickel-iron alloy mineralization known as awaruite.

On behalf of FPX Nickel Corp.

"Martin Turenne"
Martin Turenne , President, CEO and Director

Forward-Looking Statements
Certain of the statements made and information contained herein is considered "forward-looking information" within the meaning of applicable Canadian securities laws. These statements address future events and conditions and so involve inherent risks and uncertainties, as disclosed in the Company's periodic filings with Canadian securities regulators. Actual results could differ from those currently projected. The Company does not assume the obligation to update any forward-looking statement.

Neither the TSX Venture Exchange nor its Regulation Services Provider accepts responsibility for the adequacy or accuracy of this release.

SOURCE FPX Nickel Corp.

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SKRR Exploration Inc. Announces Definitive Option Agreement with F3 Uranium Corp. for the Clearwater West Project, Saskatchewan

SKRR Exploration Inc. Announces Definitive Option Agreement with F3 Uranium Corp. for the Clearwater West Project, Saskatchewan

 SKRR Exploration Inc. (TSXV: SKRR) (FSE: B04Q) (" SKRR " or the " Company ") is pleased to announce that, further to the news release dated April 10, 2023 it has entered into an option agreement with F3 Uranium Corp. (" F3 ") respecting an option for SKRR to acquire up to a 70% interest in the Clearwater West Property. The Clearwater West Property is comprised of 3 contiguous mineral claims totaling 11,786 hectares.

SKRR Exploration Inc. Logo (CNW Group/SKRR EXPLORATION INC.)

The Clearwater West Project is located ~20km outside the edge and in the south-west area of the Athabasca Basin, which is poised to become the next area for the development of major uranium mines in Saskatchewan . It is 13 km south of Fission Uranium's Triple R deposit, located 7 km outside the basin edge on its PLS Property, where a Feasibility Study was recently completed, and 17 km south of NexGen's Arrow uranium deposit.

Clearwater West is an early-stage exploration project prospective for hosting high-grade uranium mineralization. High grade uranium mineralization in or near the Athabasca Basin is generally associated with graphitic and sulphide bearing shear zones exhibiting hydrothermal alteration. These features often have distinctive conductive signatures which can be identified as electromagnetic (EM) conductors. A previously flown property-wide VTEM Max airborne survey flown over the property in 2014 identified numerous parallel conductive trends. Some of these still warrant ground follow up while others were previously detailed with ground Time Domain EM surveys and ground DC Resistivity surveys in 2015 and have defined prospective drill targets.  SKRR cautions that past results or discoveries on proximal lands are not necessarily indicative of the results that may be achieved on the Clearwater West Property.

F3 and SKRR are non-arm's length parties (as defined in TSXV Policy 1.1) given that they share a common officer.

Term of the Option Agreement

Pursuant to the Option Agreement in respect of the Clearwater West Property (the " Clearwater West Agreement ", F3 has granted an option to SKRR to acquire a 50% interest in the Clearwater West Property through (i) cash payments to F3 of an aggregate of C$50,000 , (ii) the issuance to F3 of an aggregate of 5,000,000 common shares of SKRR and (iii) the completion of $3,000,000 in work expenditures on the Clearwater West Property over two years. F3 will retain a 2.0% NSR royalty of which 1% may be repurchased by SKRR for $1,000,000 . Upon completion of the 50% interest earn-in, F3 and SKRR will automatically enter into a joint venture and will negotiate to formalize a joint venture agreement.  Pursuant to the terms of the Clearwater West Agreement, SKRR will have the option to increase its interest in the Clearwater West Property to 70% by making additional cash payments totaling $50,000 , and completing an additional $3,000,000 in work expenditures on the Clearwater West Property, on or before the date that is three years following the date of the Clearwater West Agreement.

Senergy Capital – Digital Marketing

The Company announces that it has engaged Senergy Capital to provide and oversee digital marketing for the Company. The digital marketing services include content creation, web development, advertising creative development, advertising strategy, campaign reporting and optimization. Senergy Capital will help manage and oversee the Company's social media platforms.

Qualified Person:

The scientific and technical information in this news release has been prepared in accordance with the Canadian regulatory requirements set out in National Instrument 43-101- Standards of Disclosure for Mineral Projects (" NI 43-101 ") and approved by Raymond Ashley , P.Geo., President & COO of F3 Uranium Corp, a "Qualified Person" as defined in NI 43-101.

SKRR is a Canadian-based precious and base metal explorer with properties in British Columbia and Saskatchewan – some of the world's highest ranked mining jurisdictions. The primary exploration focus is on the Trans-Hudson Corridor in Saskatchewan in search of world class precious and base metal deposits.  The Trans-Hudson Orogen – although extremely well known in geological terms has been significantly under-explored in Saskatchewan . SKRR is committed to all stakeholders including shareholders, all its partners and the environment in which it operates.

ON BEHALF OF THE BOARD

Sherman Dahl
President & CEO
Tel: 250-558-8340

Neither the 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.

Forward-Looking Information

This news release contains "forward–looking information or statements" within the meaning of applicable securities laws, which may include, without limitation, statements that address the technical, financial and business prospects of the Company, its projects and other matters, and the Company's plans and goals. All statements in this news release, other than statements of historical facts, that address events or developments that the Company expects to occur, are forward-looking statements. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results may differ materially from those in the forward-looking statements. Such statements and information are based on numerous assumptions regarding present and future business strategies and the environment in which the Company will operate in the future, including the price of metals, the ability to achieve its goals, the ability to secure equipment and personnel to carry out work programs, that general business and economic conditions will not change in a material adverse manner, that financing will be available if and when needed and on reasonable terms. Such forward-looking information reflects the Company's views with respect to future events and is subject to risks, uncertainties and assumptions, including the risks and uncertainties relating to the interpretation of exploration results, the interpretation of technical and scientific data, risks related to the inherent uncertainty of exploration and development and cost estimates and the potential for unexpected costs and expenses and including those filed under the Company's profile on SEDAR at www.sedar.com . There is a possibility that future exploration, development or mining results will not be consistent with the Company's expectations. Factors that could cause actual results to differ materially from those in forward looking statements include, but are not limited to, continued availability of capital and financing and general economic, market or business conditions, adverse weather or climate conditions, decrease in the price of metals and commodities, equipment failures or failure to obtain the necessary equipment, failure to maintain all necessary government permits, approvals and authorizations, the impact of Covid-19 or other viruses and diseases on the Company's ability to operate, failure to maintain community acceptance (including First Nations), increase in costs, litigation, and failure of counterparties to perform their contractual obligations. The Company does not undertake to update forward–looking statements or forward–looking information, except as required by law.

SOURCE SKRR Exploration Inc.

Cision View original content to download multimedia: http://www.newswire.ca/en/releases/archive/May2023/26/c6095.html

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PAN GLOBAL ANNOUNCES YEAR-END FINANCIAL RESULTS AND OPERATIONAL SUMMARY

PAN GLOBAL ANNOUNCES YEAR-END FINANCIAL RESULTS AND OPERATIONAL SUMMARY

TSXV: PGZ      OTCQB: PGZFF

  • More than 16,600 meters of drilling on 10 targets at the Escacena and Águilas projects
  • Expanded area of copper-tin-silver mineralization at La Romana discovery
  • Positive preliminary metallurgical tests
  • Surface access agreement for the Romana West target

Pan Global Resources Inc. ("Pan Global" or the "Company") (TSXV: PGZ) (OTCQB: PGZFF) is pleased to report its fourth quarter and audited annual financial results for the financial year ended January 31, 2023 were filed on May 24, 2023 . The audited consolidated financial statements and management discussion and analysis ("MD&A") are available on Pan Global's website at https:www.panglobalresources.comfinancial-reports and have been posted under the Company profile on SEDAR at www.sedar.com . The Company reported a year-end cash balance of $8.9 million . All financial figures are in Canadian dollars.

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