“PAN GLOBAL Soars to Success with Non-Brokered Private Placement!

by Safe Retirement Reports

Pan Global Resources Inc. has recently announced a non-brokered private placement offering of up to 8,710,000 units, at a price of $0.12 per unit, for gross proceeds of up to $1,053,200. The offering will be made through the issuance of units consisting of one common share and one common share purchase warrant. Each warrant will be exercisable at $0.20 per share up to 5 years.

The net proceeds of the offering are to be used for general corporate purposes, including working capital, exploration, development, and acquisitions, as well as to pay down debt.

Pan Global Resources has built a portfolio of projects in highly prospective mining regions. The company focuses on two of the world’s most prolific mining districts: the Mojave desert of Nevada and Arizona and the state of Sonora, Mexico. In Nevada, the company is advancing its Lincoln/Lander Project, with a significant potential for a bulk tonnage deposit. In Mexico, the focus is on the Cerro de Oro Project, where a historic silver resource already exists.

With the current funding in place, Pan Global Resources will be able to accelerate its operations and take advantage of the promising resources it has accumulated in the past few years. The company is confident that it can successfully meet all the necessary requirements to build a strong portfolio of mining projects.

This a great opportunity for those interested in the mining industry, as Pan Global Resources is looking to both increase revenue from its existing projects while also expanding its operations. With this additional funding, the company could become a major player in the mining space, and bring more attention to the already promising projects it is working on.

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