Pan Global Resources would like to provide an update on recently received drill assay results and exploration activities in the Republic of Serbia undertaken by our exploration partner, Lithium Li Holdings Inc. The Company is pleased to announce very positive assay results consisting of:
Pan Global is pleased to announce that it has arranged a non-brokered private placement of up to 5,000,000 Units of securities. The Units are being placed at a price of $0.60 per unit, for gross proceeds of $3,000,000. Each Unit under the private placement consists of one common share and one-half of one common share purchase warrant. Each whole common share purchase warrant entitles the holder to acquire one additional [...]
Pan Global Resources Inc. would like to provide an update on exploration activities in the Republic of Serbia undertaken by our exploration partner, Lithium Li Holdings Inc. The Company is extremely pleased to announce that Hole VBN-001 (eoh 607m) drilled in Valjevo has intersected mineralization associated with two zones of alkaline/saline depositional environments Figure 1). The first is borate mineralization in the [...]
Pan Global Resources is pleased to provide an update on exploration activities in the Republic of Serbia undertaken by our exploration partner, Lithium Li Holdings Inc. Four holes of an initial diamond drilling program have now been completed in the Badanja and adjoining Jadar West exploration license. These titles are immediately adjacent to Rio Tinto's Jadar deposit where production is planned to commence in 2016. Hole [...]
Pan Global Resources is pleased to provide an update on exploration activities in the Republic of Serbia undertaken by our exploration partner, Lithium Li Holdings Inc. Due to rapid progress with the initial exploration programme of surface mapping, geochemical sampling, gravity and magneto-tellurics geophysical surveys, and subsequent target selection, drilling has commenced earlier than originally expected.
Pan Global Resources today announced, further to its news release dated June 10, 2011, that it has successfully completed the acceleration of its share purchase warrants issued on December 10, 2010 and January 25, 2011. All 3,937,491 Warrants outstanding were exercised at a price of $0.45 per Warrant, for gross proceeds of $1,771,870.90. The Company is well-positioned to continue its exploration and development activities [...]
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