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Pan Global Resources Inc V.PGZ

Alternate Symbol(s):  PGZFF

Pan Global Resources Inc. is a Canada-based company targeting copper-rich mineral deposits. The Company's flagship Escacena Project comprises a large, contiguous, approximately 5,760-hectare land package controlled 100% by the Company in the east of the Iberian Pyrite Belt. The Escacena Project hosts its La Romana copper-tin-silver and Canada Honda copper-gold discoveries and a number of other prospective targets, including Bravo, Barbacena, El Pozo, Romana Norte, San Pablo, Zarcita, Hornitos, La Jarosa, Romana Deep, and Cortijo. In addition, the Company is exploring the Aguilas Copper Project near Cordoba in northern Andalucia, which covers an area of approximately 16,000 hectares. Its 100%-owned 5,653-hectares Carmenes copper, nickel, gold, cobalt project is located in the province of Leon, northern Spain. The area has a history of mining and the project is 70 kilometers southeast of Orvana Minerals' Orovalle gold, copper, silver mining operation in the same geological belt.


TSXV:PGZ - Post by User

Bullboard Posts
Comment by kanerfalkon Nov 04, 2014 1:33pm
83 Views
Post# 23093336

RE:RE:RE:RE:Update?

RE:RE:RE:RE:Update?From their latest md&a dated on 30:th of sep 2014. No activities and not a very optimistic look at the future, read in it full at sedar

Requirement of Additional Equity Financing

The Company has relied entirely on equity financings for all funds raised to date for its operations. As noted above, the Company will need more funds to operate under its current plans and budgets. Capital markets may not be receptive to offerings of new equity, whether by way of private placements or public offerings. This may be further complicated by the limited liquidity for the Company’s shares, restricting access to some institutional investors. The Company’s growth and success is dependent on external sources of financing which may not be available on acceptable terms. 


Bullboard Posts