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Alpayana acquires stake in Pan Global Resources

PRIVATESep 01, 20267 days ago

Round Type

Venture - Series Unknown

Toronto

Description

Alpayana has completed the acquisition of 19.55% of the outstanding shares of Pan Global Resources through a private placement financing. The deal involved the issuance of 45,000,000 common shares priced at C$0.16 each for gross proceeds of C$7,200,000. This investment aims to support the exploration initiatives of Pan Global, including the Escacena Project in southern Spain.

Company Information

Company

Alpayana

Location

Toronto, Ontario, Canada

About

Alpayana is a family-owned private mining company committed to the development and promotion of sustainable and responsible mining. It strives to leave a positive and meaningful legacy by prioritizing the wellbeing of its employees, the communities it impacts and the environment. Alpayana Canada is its Canadian subsidiary incorporated for the purpose of making the take-over bid offer.

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