- Pan American (PNRG) has completed its plan of arrangement to “spin-out” Legacy Lithium Corp.
- The former common shares of Pan American were delisted and the new common shares of Pan American began trading on the CSE at market opening on April 21, 2023
- Owners of common shares will receive one new common share of the company for each common share of the company held, and one-fifth of a common share of Legacy for each common share of the company held
- Pan American Energy (PNRG) opened trading at $0.56 per share
Pan American (PNRG) has completed its plan of arrangement to “spin-out” Legacy Lithium Corp.
The former common shares of Pan American were delisted from the Canadian Securities Exchange at the close of trading on April 20, 2023. The new common shares of Pan American began trading on the CSE at market opening on April 21, 2023.
Under the arrangement, the owners of common shares will receive one new common share of the company for each common share of the company held, and one-fifth of a common share of Legacy for each common share of the company held.
Pan American Energy Corp. is an exploration-stage company engaged in the acquisition, exploration and development of mineral properties containing battery metals in North America.
Pan American Energy (PNRG) opened trading at $0.56 per share.