Pan American Energy Corp. is pleased to announce that it has closed the first tranche of its previously announced non-brokered private placement for gross proceeds to the Company of C$2,595,000. The Company hopes to close the final tranche of the Offering, for gross proceeds of up to C$905,000 , as soon as practicable. Pursuant to the First Tranche, the Company issued 6,487,500 units of the Company at a price of $0.40 per
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