Pampa Metals Corp. is pleased to launch a non-brokered private placement offering of up to 5,333,334 units at a price of $0.15 per Unit for gross proceeds of up to $800,000. Proceeds will be used to support the previously announced ~2,100m diamond drill program of 3 deep holes at the Buenavista target and the Block 4 Project more broadly. Scheduled to commence in early April 2023, with preparatory works already underway [...]
Pampa Metals Corp. is pleased to advise that it has contracted Visión Perforaciones SpA to complete a ~2,100m diamond drill program of 3 deep holes designed to test coincident geological, geochemical, and geophysical anomalies at the Buenavista target and the Block 4 Project more broadly. Drilling is scheduled to commence in early April 2023, with preparatory works already underway, and is expected to be completed within [...]
Pampa Metals Corp. is pleased to advise that it has issued 14,644,334 units at a price of $0.15 per Unit under the Non-Brokered Private Placement offering detailed in a January 19, 2023 news release for gross proceeds of $2,196,650. Each Unit consists of one fully paid common share and one purchase warrant entitling the holder to acquire an additional common share at a price of $0.21 for a period of 3 years after the [...]
Pampa Metals Corp. is pleased to provide an update to its Non-Brokered Private Placement detailed in a January 19, 2023 News Release. The Company has received subscriptions in excess of $2,000,000 under the Private Placement. The Company will shortly close a first tranche of $2,000,000 which will enable mobilisation of the maiden Block 4 drill program. Non-Brokered Private Placement On January 19, 2023, the Company [...]
Pampa Metals Corp. is pleased to report completion of its review and interpretation of the Block 4 Project and the Buenavista Target, and to announce a Non-Brokered Private Placement. Summarised key findings - Block 4 Block 4 is the Company's priority project, with characteristics indicative of a large, fertile porphyry coppermolybdenum system, located along the world's preeminent porphyry copper belt in northern Chile [...]
Pampa Metals Corp. advises that the exploration partnership agreement between Pampa Metals and VerAI Discoveries Inc detailed in a February 1, 2022 news release, has been discontinued in order to allow the Company to focus on the drill testing of its priority Block 4 target. The Company's decision does not reflect on the potential of the targets defined by VerAI's proprietary technology but was taken in response to [...]
Pampa Metals Corp. advises that it has engaged the services of PI Financial Corp. to provide market making services in accordance with the Canadian Securities Exchange policy. Commencing on January 1, 2023, PI will trade the securities of Pampa Metals on the CSE for the purposes of maintaining an orderly market. In consideration for this service, the Company will pay PI a monthly cash fee of $5,000 for a term of twelve [...]
FURTHER BOARD & MANAGEMENT CHANGES Pampa Metals Corp. advises that Ioannis Tsitos has resigned as a Director of the Company. Pampa Metals acknowledges the integral role played by Yannis in the Company's formation and wishes him the best in his future endeavours. The Company further advises that Gurdeep Bains has resigned as CFO and Corporate Secretary. The Company recognises Gurdeep's efforts and professionalism and [...]
Pampa Metals Corp. is pleased to announce the closing of the first tranche of a private placement financing totalling $600,000, previously announced in an October 5, 2022 news release. The Company is also pleased to report on a successful visit to site by PampaMetals' new President and CEO, Josephvan den Elsen, together with its plans for a maiden drill test of the Company's Block 4 project. Capital Raising - Tranche 1 [...]
Not for distribution to United States Newswire Services or for dissemination in the United States Pampa Metals Corp. is pleased to announce that it is proceeding with a proposed private placement offering of 4,444,444 units at a price of $0.135 per unit for gross proceeds to the Company of $600,000 . Each unit will consist of one common share and one share purchase warrant of the Company. Each warrant may be exercised to [...]
Learn more about Pampa Metals Corporation and their copper and gold projects in Chile in this interview with CEO, Paul Gill. Chile is the world's single largest copper producer, providing more than 25% of the world's annual copper production, more than double the second ranked nation, and with most of that production coming from porphyry copper deposits. Chile is located around the Pacific Ocean "ring of fire" that [...]
Pampa Metals Corp. is pleased to report the reception of key radiometric age dating and petrographic studies of quartz-veinlet stockwork samples from the Buenavista target at the Company's Block 4 Project, which is located 110 km south of the Escondida mining district in the Cordillera de Domeyko porphyry belt in northern Chile. The recently obtained Tertiary geological age date is an important additional component adding [...]