Business
Pampa Metals Announces $5 Million LIFE Offering
June 13, 2025 – Vancouver, British Columbia – TheNewswire - Pampa Metals Corp. (“Pampa Metals” or the “Company”) (CSE: PM / FSE: FIRA / OTCQX®: PMMCF) is please
About this update from Andina Copper Corporation.
[{"type":"text","content":"June 13, 2025 – Vancouver, British Columbia – TheNewswire - Pampa Metals Corp. (“Pampa Metals” or the “Company”) (CSE: PM / FSE: FIRA / OTCQX®: PMMCF) is pleased to announce a non-brokered private placement for gross proceeds of a minimum of $4,000,000 and a maximum of $5,000,000, through the issue of up to 31,250,000 shares at a price of $0.16 per share. Canaccord Genuity Corp. has been appointed as financial advisor to the Company in connection with the LIFE Offering. The shares will be offered to purchasers pursuant to the Listed Issuer Financing Exemption under Part 5A of National Instrument 45-106- Prospectus Exemptions, in each of the Provinces of Canada except Quebec (the “LIFE Offering”). The shares offered will not be subject to a Canadian hold period in accordance with applicable Canadian securities laws. There is an offering document related to the LIFE Offering that will be made available under the Company's profile on SEDAR+ at www.sedarplus.com. The offering document will also be made available on the issuer’s website at www.pampametals.com. Prospective investors of the Units should read the Offering Document before making an investment decision. The Company intends to use the net proceeds from the LIFE Offering to fund exploration at the Company’s Piuquenes Project, and upon completion of the previously announced acquisition of Rugby Resources Ltd. (see news release dated April 22, 2025) the Cobrasco Project, as well as for working capital and general corporate purposes, as more specifically described in the offering document. The LIFE Offering is scheduled to close on or around June 27, 2025. The LIFE Offering remains subject to certain conditions customary for transactions of this nature, including, but not limited to and compliance with CSE policies. The securities to be offered pursuant to the LIFE Offering have not been, and will not be, registered under the U.S. Securities Act of 1933, as amended (the \"U.S. Securities Act\") or any U.S. state securities laws, and may not be offered or sold in the United States or to, or for the account or benefit of, United States persons absent registration or any applicable exemption from the registration requirements of the U.S. Securities Act and applicable U.S. state securities laws. This news release shall not constitute an offer to sell or...