Pan Global Resources Inc V.PGZ

Alternate Symbol(s): PGZFF

Metals & Mining Industrial Metals & Minerals

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.

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Pan Global Resources Inc

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Post by 1GOLDFINGERon Jul 21, 2020 4:32pm

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Post# 31298485

((((Metal Tiger plc (AIM: MTR) Invests In PGZ ))))

Investment in Pan Global Resources Inc. (TSXV:PGZ)

21st July 2020, 11:12

MTR.L

Metal Tiger Plc

GBX 24.50

-0.25 (-1.01%)

At close

LONDON

--(BUSINESS WIRE)--

21 July 2020

Metal Tiger plc

("Metal Tiger" or the "Company")

Investment in Pan Global Resources Inc. (TSXV:PGZ)

Metal Tiger plc (AIM: MTR), the London Stock Exchange AIM listed investor in natural resource opportunities, is pleased to announce that it has subscribed for 1,388,888 units in Pan Global Resources Inc. (“Pan Global”), at a price of C$0.18 per unit, for a total investment of circa C$250,000 (approximately £146,000) as part of Pan Global’s circa C$4.1 million fundraise announced on 20 July 2020 (the “Fundraise”). Each unit consists of one common share in Pan Global and one-half of one common share purchase warrant exercisable at a price of C$0.28 for a period of 24 months following the closing date of the Fundraise (being 20 July 2020).

The closing mid-price of Pan Global on 17 July 2020 was C$0.22.

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