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Pan Global Announces Increase to Bought Deal Private Placement

Message : Required fields Vancouver, British Columbia (Newsfile Corp. - May 25, 2021) - Pan Global Resources Inc. (TSXV: PGZ) (OTC: PGNRF) (the Company ) today announced that due to strong demand, its previously announced C$10 million bought deal private placement financing has been increased further from C$12 million to C$13 million. The Company has further increased the financing to accommodate long-standing shareholders who have provided strong support to the Company. The Company announced on May 21, 2021 that it had entered into an engagement letter with a syndicate of underwriters co-led by Canaccord Genuity Corp., Sprott Capital Partners, and Echelon Wealth Partners Inc. (collectively, the Underwriters ), pursuant to which the Underwriters have agreed to purchase, on a bought deal private placement basis, 16,667,000 common shares (the Common Shares ) of the Company for gross proceeds of approximately C$10 million (the Offering ). The Underwriters agreed to upsi

Pan Global Resources Inc : Pan Global Announces Increase to Bought Deal Private Placement

Pan Global Announces $10 Million Bought Deal Private Placement

Pan Global Announces $10 Million Bought Deal Private Placement PanGlobal Resources Inc. is pleased to announce that the Company has entered into an engagement letter with a syndicate of underwriters co-lead by Canaccord Genuity Corp. & Sprott Inc., and Echelon Wealth Partners Inc. pursuant to which the … /THIS NEWS RELEASE IS INTENDED FOR DISTRIBUTION IN CANADA ONLY AND IS NOT INTENDED FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR DISSEMINATION IN THE UNITED STATES ./ PanGlobal Resources Inc. (TSXV: PGZ) (OTC: PGNRF) (the “Company”) is pleased to announce that the Company has entered into an engagement letter with a syndicate of underwriters co-lead by Canaccord Genuity Corp. & Sprott Inc., and Echelon Wealth Partners Inc. (collectively, the “Underwriters”), pursuant to which the Underwriters have agreed to purchase, on a “bought deal” private placement basis 16,667,000 common shares (the “Common Shares”) of the Company for gross proceeds of app

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