Warrant Exercise Price Reduction

Warrant Exercise Price Reduction

Pampa Metals Corp. ("Pampa Metals" or the "Company") (CSE:PM)(FSE:FIRA)(OTCQB:PMMCD) is pleased to announce that it has obtained CSE approval of a reduction in the exercise price of a total of 1,708,588 warrants, on a post consolidated basis, issued in connection with its November 2022 private placement (the "2022 Warrants"). As detailed in the Company's August 10, 2023 news release, the 2022 Warrants had a pre-consolidation exercise price of $0.19 which has now been reduced to $0.095, on a post-consolidated basis

In compliance with CSE policies, a maximum of 177,778 2022 Warrants held by an insider has been repriced, and 69,185 2022 Warrants will continue to have a pre-consolidation exercise price of $0.19 (post-consolidation exercise price of $0.475).

Approval of a reduction in the exercise price of 6,884,400 post-consolidated warrants issued in March 2023 from $0.21 to $0.105, on a post-consolidated basis, remains pending.

ABOUT Pampa Metals

Pampa Metals is listed on the Canadian Stock Exchange (CSE:PM), Frankfurt (FSE:FIRA), and OTC (OTCQB:PMMCD) exchanges, and wholly owns a portfolio of projects highly prospective for copper, molybdenum, and gold along proven and highly productive mineral belts in Chile, the world's largest copper producer.
www.pampametals.com

ON BEHALF OF THE BOARD
Joseph van den Elsen | President & CEO

INVESTORS CONTACT
Joseph van den Elsen | President & CEO
joseph@pampametals.com

Neither the CSE nor the Investment Industry Regulatory Organization of Canada accepts responsibility for the adequacy or accuracy of this release.

FORWARD-LOOKING STATEMENT

This news release contains certain statements that may be deemed "forward-looking statements". All statements in this release, other than statements of historical fact, that address events or developments that Pampa Metals expects to occur, are forward-looking statements. Forward-looking statements are statements that are not historical facts and are generally, but not always, identified by the words "expects" and similar expressions, or that events or conditions "will" or "may" occur. These statements are subject to various risks. Although Pampa Metals believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guaranteeing of future performance and actual results may differ materially from those in forward-looking statements.

SOURCE: Pampa Metals Corp.



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Pampa Metals Rationalizes Portfolio to Focus on New Copper Opportunities

Pampa Metals Rationalizes Portfolio to Focus on New Copper Opportunities

Pampa Metals Corp. ("Pampa Metals" or the "Company") (CSE:PM)(FSE:FIR)(OTCQB:PMMCD) advises that it has rationalized its project portfolio in Chile to better focus resources on the Company's highest priority targets and new business development initiatives

PORTFOLIO RATIONALIZATION

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Pampa Metals Closes Non-Brokered Private Placement

Pampa Metals Closes Non-Brokered Private Placement

Pampa Metals Corp. ("Pampa Metals" or the "Company") (CSE:PM FSE:FIRA OTCQX®:PMMCF) is pleased to announce that it has issued 9,000,000 post-consolidated units ("Units") at a price of $0.05 per Unit under the Non-Brokered Private Placement offering (the "Offering") detailed in an August 10, 2023 news release for gross proceeds of $450,000. Each Unit consists of one fully paid common share and one purchase warrant entitling the holder to acquire an additional common share at a price of $0.075 for a period of 3 years after the closing of the Offering

In connection with the Offering, the Company paid total cash commissions of $5,950, issued 404,600 finder's warrants and 285,600 finder's shares. Each finder's warrant is exercisable into a common share of the Company at an exercise price of $0.075 for a period of 3 years from the date of closing of the Offering.

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CSE Bulletin: Consolidation - Pampa Metals Corporation.

CSE Bulletin: Consolidation - Pampa Metals Corporation.

Pampa Metals Corporation. has announced a consolidation of its issued and outstanding common shares on the basis of one (1) post-consolidated common share for every two point five (2.5) pre-consolidated common shares.

As a result, the outstanding shares of the company will be reduced to approximately 29,117,310 common shares.

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Pampa Metals Announces Effective Date for Share Consolidation

Pampa Metals Announces Effective Date for Share Consolidation

Pampa Metals Corp. ("Pampa Metals" or the "Company") (CSE:PM)(FSE:FIRA)(OTCQB:PMMCF) announces that, further to its news release of August 10, 2023, effective at the opening of trading on September 8, 2023 (the "Effective Date") the common shares of the Company (the "Shares") will commence trading on the Canadian Securities Exchange on a consolidated basis, with one post-consolidated Share outstanding for every 2.5 pre-consolidation Shares (the "Consolidation

As a result of the Consolidation, on the Effective Date, a total of approximately 29,117,310 Shares will be issued and outstanding, subject to adjustments for rounding, with approximately 13,221,894 Shares reserved for issuance. No fractional shares will be issued. The number of post-consolidated Shares to be received will be rounded up to the nearest whole number for fractions of 0.5 or greater or rounded down to the nearest whole number for fractions of less than 0.5.

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Pampa Metals Announces Share Consolidation, Reduction in Warrant Exercise Price, and Non-Brokered Private Placement

Pampa Metals Announces Share Consolidation, Reduction in Warrant Exercise Price, and Non-Brokered Private Placement

NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR DISSEMINATION IN THE UNITED STATES

Pampa Metals Corp. ("Pampa Metals" or the "Company") (CSE:PM)(FSE:FIRA)(OTCQB®:PMMCF) has today announced its intention to consolidate its issued and outstanding common shares on a 1-for-2.5 basis (the "Consolidation") and to reduce the exercise price of its November 2025 $0.19 and March 2026 $0.21 warrants to $0.095 and $.105 respectively (the "Warrant Exercise Price Reduction"), on a post consolidation basis. See Share Consolidation and Warrant Exercise Price Reduction below for more information

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Canadian North Resources Inc. Further Extends Three Copper-Nickel-Cobalt-PGM Sulphide Mineralized Zones and Continues Unveiling Growth Potential at the Ferguson Lake Project in Canada

Canadian North Resources Inc. Further Extends Three Copper-Nickel-Cobalt-PGM Sulphide Mineralized Zones and Continues Unveiling Growth Potential at the Ferguson Lake Project in Canada

Highlights:

  • Three copper-nickel sulphide zones further extended along strike for: 200 m west of West Zone; 450 m of M-Zone, and 300 by 200 m of Anomaly-51 Zone;
  • Two new sulphide zones confirmed: northeast extension of Anomaly-51 Zone and south of Central Zone.
  • Significant (>3 – 15 metres) massive to semi-massive sulphides and widened (up to 112.5 metres) disseminated sulphide mineralized zones intersected:
    • 15.0 metres grading 0.36%Ni, 0.48% Cu, 0.05% Co, 0.70g/t Pd, 0.08g/t Pt and 0.06g/t Rh in FL23-527 hole.
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Canadian North Resources Inc. ("the Company", TSXV: CNRI; OTCQX: CNRSF; FSE: EO0 (E-O-zero)) is pleased to report the return of assay results from 26 remaining holes drilled during the summer, which is the final portion of the 21,126-metre 2023 diamond drilling program completed at its 100% owned Ferguson Lake Project ("Ferguson Lake Project") in Nunavut, Canada.

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Fabled Copper Receives Drill Permit and Outlines Proposed 2024 Drill Program on Davis Keays Eagle Vein

Fabled Copper Receives Drill Permit and Outlines Proposed 2024 Drill Program on Davis Keays Eagle Vein

Fabled Copper Corp. ("Fabled Copper" or the "Company") (CNSX:FABL)(FRA:XZ7) announces that it has received its Mines Act Permit which entitles the Company to drill from 15 drill stations over a period of 2 years on the Muskwa Copper Project

The Muskwa Project is comprised of the Neil Property, the Toro Property and the Bronson Property located in northern British Columbia. The Neil Property area was granted the drilling permit and in particular the Davis Keays Eagle Vein area is the Company's first priority interest. See Figure 1 below.

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Interra Copper Corp. and ArcWest Exploration Inc. Execute Rip Copper-Molybdenum Project Option and Joint Venture Agreement

Interra Copper Corp. and ArcWest Exploration Inc. Execute Rip Copper-Molybdenum Project Option and Joint Venture Agreement

Interra Copper Corp. (CSE: IMCX) (OTCQB: IMIMF) (FSE: 3MX) ("Interra" or the "Company") is pleased to announce that it has executed its Option with ArcWest Exploration Inc. (TSXV: AWX) ("ArcWest"), for up to an 80% earn-in and joint venture agreement on ArcWest's Rip Copper-Molybdenum (Cu-Mo) Project ("Rip Project" or the "Project"), in central British Columbia, a prolific mining region on Canada's west coast. A technical presentation for Rip is available for download here.

The Rip Project comprises 2,309 ha and is located about 63 km south of Houston and 79 km southwest of Burns Lake in central British Columbia. The Rip Project is situated in Stikine Terrane in a prolific belt of Late Cretaceous (Bulkley Plutonic Suite) porphyry Cu-Mo deposits, which includes Imperial Metals' Huckleberry Mine, 33 km to the southwest and presently on care and maintenance. In addition to the Huckleberry Mine, the Bulkley porphyry belt includes the Whiting Creek, Poplar, Seel and Ox Cu-Mo (gold-silver) deposits. The fully permitted Rip Project is road accessible from either Houston or Burns Lake.

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WESTERN COPPER AND GOLD ANNOUNCES FURTHER INVESTMENT AND ENTRY INTO A NEW INVESTOR RIGHTS AGREEMENT WITH RIO TINTO

WESTERN COPPER AND GOLD ANNOUNCES FURTHER INVESTMENT AND ENTRY INTO A NEW INVESTOR RIGHTS AGREEMENT WITH RIO TINTO

western copper and gold corporation ("Western" or the "Company") (TSX: WRN) (NYSE American: WRN) announces a further C$6 million investment and the entry into an amended and restated investor rights agreement by Rio Tinto Canada Inc. ("Rio Tinto"), to continue to advance the Company's Casino Project in the Yukon .

Western Copper and Gold Corporation logo (CNW Group/Western Copper and Gold Corporation)

Rio Tinto has agreed to subscribe for and purchase 3,468,208 common shares at a price of C$1.73 per share for aggregate gross proceeds of approximately C$6 million , resulting in Rio Tinto's ownership increasing to approximately 9.7% of Western's outstanding common shares.

Western remains the sole owner of the Casino Project and will continue to be the operator. The Company will use the proceeds of this further investment to fund specific areas of study, specifically around providing infrastructure for the Casino Project, and streamlining the regulatory process, with the aim of progressing through permitting to a development phase for the Casino Project.

"We are pleased that Rio Tinto has elected to continue to invest and work with Western to advance the Casino Project, with a focus on furthering infrastructure development and streamlining the regulatory process," said Paul West-Sells , President and CEO.

"We are pleased to continue to work with Western to advance the Casino Project," said Bold Baatar, Chief Executive, Copper, Rio Tinto.

In connection with this further investment by Rio Tinto, the Company and Rio Tinto will enter into an amended and restated investor rights agreement, whereby, subject to certain conditions, including ownership thresholds, Rio Tinto will have certain rights for a period of 18 months from closing of the investment, including the right to appoint:

  • one member to the Casino Project Technical and Sustainability Committee
  • one non-voting observer to attend all meetings of the board of directors of the Company
  • one director of the Company, if Rio Tinto's ownership increases to at least 12.5%
  • up to three secondees to the Casino Project

In addition, Rio Tinto will have a right to participate in future equity issuances to maintain its ownership in the Company and will be provided with a one-time "demand registration right" and "piggy-back registration rights."

Under the amended and restated investor rights agreement, for a period of 18 months, Rio Tinto has also agreed:

  • to vote any shares in favor of each director nominated by the board of directors of the Company for election by shareholders
  • not to acquire any securities of the Company, subject to certain exceptions
  • not to sell, transfer, offer or otherwise dispose of any shares, subject to certain exceptions

The closing of this investment is expected to occur on or about December 12, 2023 and is subject to regulatory approval, including that of the Toronto Stock Exchange and the NYSE American LLC. The common shares will be subject to a statutory hold period in accordance with applicable securities legislation.

western copper and gold corporation is developing the Casino Project, Canada's premier copper-gold mine in the Yukon Territory and one of the most economic greenfield copper-gold mining projects in the world. For more information, visit www.westerncopperandgold.com .

On behalf of the board,

"Paul West-Sells"

Dr. Paul West-Sells
President and CEO
western copper and gold corporation

Cautionary Disclaimer Regarding Forward-Looking Statements and Information

This news release contains certain forward-looking statements, including statements with respect to the anticipated use of proceeds from the investment, the rights to be provided to Rio Tinto and the restrictions imposed on Rio Tinto pursuant to the amended and restated investor rights agreement, and the expected closing date for the investment . Statements that are not historical fact are "forward-looking statements" as that term is defined in the United States Private Securities Litigation Reform Act of 1995 and "forward looking information" as that term is defined in National Instrument 51-102 ("NI 51-102") of the Canadian Securities Administrators (collectively, "forward-looking statements"). Forward-looking statements are frequently, but not always, identified by words such as "plans", "expects", "anticipates", "believes", "intends", "estimates", "potential", "possible" and similar expressions, or statements that events, conditions or results "will", "may", "could" or "should" occur or be achieved. In making the forward-looking statements herein, the Company has applied certain material assumptions including, but not limited to, the assumption that general business conditions will not change in a materially adverse manner.

Forward-looking statements are statements about the future and are inherently uncertain, and actual results, performance or achievements of Western and its subsidiaries may differ materially from any future results, performance or achievements expressed or implied by the forward-looking statements due to a variety of risks, uncertainties and other factors. Such risks and other factors include, among others, risks involved in fluctuations in gold, copper and other commodity prices and currency exchange rates; uncertainties related to raising sufficient financing in a timely manner and on acceptable terms; and other risks and uncertainties disclosed in Western's AIF and Form 40-F, and other information released by Western and filed with the applicable regulatory agencies.

Western's forward-looking statements are based on the beliefs, expectations and opinions of management on the date the statements are made, and Western does not assume, and expressly disclaims, any intention or obligation to update or revise any forward-looking statements whether as a result of new information, future events or otherwise, except as otherwise required by applicable securities legislation. For the reasons set forth above, investors should not place undue reliance on forward-looking statements.

Cision View original content to download multimedia: https://www.prnewswire.com/news-releases/western-copper-and-gold-announces-further-investment-and-entry-into-a-new-investor-rights-agreement-with-rio-tinto-301998673.html

SOURCE western copper and gold corporation

Cision View original content to download multimedia: http://www.newswire.ca/en/releases/archive/November2023/28/c7195.html

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Avrupa Minerals Updates Drilling Results at the Sesmarias VMS target, Alvalade JV, Portugal

Avrupa Minerals Updates Drilling Results at the Sesmarias VMS target, Alvalade JV, Portugal

(TheNewswire)

Avrupa Minerals Ltd.

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Trailbreaker Resources Reports Rock Samples Up to 42.1 g/t Au and 1.93% Cu and Expands Geochemical Trend to 3-Km at Castle Rock Property

Trailbreaker Resources Reports Rock Samples Up to 42.1 g/t Au and 1.93% Cu and Expands Geochemical Trend to 3-Km at Castle Rock Property

Trailbreaker Resources Ltd. (TBK.V) ("Trailbreaker" or "the Company") is pleased to report geochemical results from the 2023 surficial exploration program at their Castle Rock property on northern Vancouver Island, British Columbia (BC).

Highlights from the surficial exploration program include:

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