BULLETIN V2023-0063
PAN GLOBAL RESOURCES INC. ("PGZ")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: November 24, 2023
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced on October 4, 2023, and October 19, 2023:
Number of Shares: 30,350,000 shares
Purchase Price: $0.20 per share
Warrants: 30,350,000 share purchase warrants to purchase 30,350,000 shares
Warrant Exercise Price: $0.30 for a three year period, subject to an acceleration clause
Number of Placees: 80 placees
Insider / Pro Group Participation:
Placees # of Placee (s) Aggregate # of Shares
Aggregate Existing Insider Involvement: 3 776,280
Aggregate Pro Group Involvement: 4 850,000
Aggregate Cash Amount Aggregate #
of Shares Aggregate #
of Warrants
Finder's Fee: $273,295.92 N/A N/A
The Company issued a news release on November 1, 2023, confirming closing of the private placement. [Note that in certain circumstances, the Exchange may later extend the expiry date of the warrants, if they are less than the maximum permitted term.]
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