Pan American Closes First Tranche of Private Placement for Total Proceeds of C$900,000
Summary
This press release does not constitute an offer to sell or a solicitation of an offer to buy any securities in the United States, or in any jurisdiction in which such offer, solicitation or sale would be unlawful.Pan American Energy Corp. (CSE: PNRG) (OTCQB: PAANF) (FSE: SS60) is an exploration stage company engaged principally in the acquisition, exploration and development of mineral properties containing battery metals in North America.The Company executed an option agreement in Canada with Magabra Resources, providing for the right to acquire up to a 90% interest in the drill-ready Big Mack Lithium Project, 80 km north of Kenora, Ontario. The Company has also entered a property option agreement with Horizon Lithium LLC providing for the right to acquire a 100% interest in the Horizon Lithium Project, located within Esmeralda County Tonopah Lithium Belt, Nevada, USA.To register for investor updates, please visit https://panam-energy.com.On Behalf of the Board of Directors Jason Latkowcer CEO & DirectorCertain statements contained in this press release constitute forward-looking information. The use of any of the words could, intend, expect, believe, will, projected, estimated and similar expressions and statements relating to matters that are not historical facts are intended to identify forward-looking information and are based on the Companys current belief or assumptions as to the outcome and timing of such future events.In particular, this press release contains forward-looking information relating to, among other things, the Private Placement, including the total proceeds to be raised from the Private Placement and the proposed use of proceeds from the Private Placement. Although such statements are based on reasonable assumptions of the Companys management, there can be no assurance that any conclusions or forecasts will prove to be accurate.Forward-looking information involves known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the forward-looking information. The foregoing statements expressly qualify any forward-looking information contained herein.The Canadian Securities Exchange has not reviewed, approved, or disapproved the contents of this press release.