Pan Global Resources Inc. (TSX-V: PGZ) (OTC Pink: PGNRF) announced that as of August 20, 2021, all outstanding investor and broker warrants issued as part of the August 20, 2019 private placement have been exercised, for gross proceeds to the Company of $2.73 million.
Tim Moody, Chief Executive Officer of the Company commented: “We deeply appreciate this show of support from our warrant holders. These funds will help us advance the La Romana copper-tin discovery and provide for an accelerated exploration program on the Al Andalus mineral rights as soon as permitted.”
About Pan Global Resources
Pan Global Resources Inc. is actively engaged in base and precious metal exploration in Spain and is pursuing opportunities from exploration through to mine development. The company has committed to operating safely and with respect to the communities and environment where we operate.
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We acknowledge the [financial] support of the Government of Canada.