Pan Asia Metals Ltd. (AU:PAM) has released an update.
Pan Asia Metals Limited has successfully secured A$761,000 in a share placement to fund its exploration initiatives at the Rosario Copper Project in Chile. The placement received strong backing from existing shareholders, including significant contributions from the company’s Chairman and Managing Director, Paul Lock, and Technical Director, David Hobby. The raised capital will primarily finance an upcoming Inverse Polarisation geophysics program and kick-start drilling operations, positioning the company for expected positive outcomes in the prolific Central Copper Belt.
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