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Pampa Metals Corporation - PMMCD STOCK NEWS

Welcome to our dedicated page for Pampa Metals Corporation news (Ticker: PMMCD), a resource for investors and traders seeking the latest updates and insights on Pampa Metals Corporation stock.

Pampa Metals Corporation (PMMC) is a Canadian company listed on the Canadian Stock Exchange (CSE: PM), Frankfurt (FSE: FIR), and OTC (OTCQB: PMMCD) exchanges. The company wholly owns a portfolio of projects highly prospective for copper, molybdenum, and gold located in Chile, the world's largest copper producer. Pampa Metals recently rationalized its project portfolio, relinquishing some non-core projects to better focus resources on high-priority targets and new business development initiatives. The company aims to acquire, explore, and develop advanced stage copper projects with significant scale potential, focusing on the Americas to create value for shareholders. With a strong emphasis on technical expertise, commercial viability, and shareholder value, Pampa Metals is positioned to make a considerable impact in the mining industry.

Rhea-AI Summary
Pampa Metals Corp. has issued 3,200,000 units at $0.05 per unit, raising $160,000 in gross proceeds. The company has now raised total gross proceeds of $610,000. The funds will be used to assess and potentially acquire advanced stage copper projects in The Americas. The company is seeking to acquire a project with specific characteristics, including a conceptual copper production profile of +30-50,000 tpa and a conceptual capex of <$500m. The company has granted 500,000 incentive stock options to a consultant. One director of the company participated in the offering in the amount of $26,000. The transaction with the director constitutes a 'related party transaction' but qualifies for exemptions under MI 61-101.
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Pampa Metals Corp. obtains CSE approval to reduce exercise price of 2022 warrants
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Pampa Metals Corp. has rationalized its project portfolio in Chile, relinquishing certain projects to focus on highest priority targets and new business development initiatives. This reduction in land holdings will result in cost savings and better resource allocation. The Company retains 100% ownership of the Block 4, Cerro Buenos Aires and Morros Blancos projects. Pampa Metals intends to evaluate the Block 4 Project through a joint venture partnership and shift focus to acquiring a more advanced stage copper project with significant scale potential. The rationalization aims to reduce holding costs and expenditure commitments and redirect resources towards high priority projects and efforts to acquire a potential Company maker copper project. Projects in the Americas are preferred. Progress of new business development initiatives will be updated to shareholders.
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FAQ

What exchanges is Pampa Metals Corporation listed on?

Pampa Metals Corporation is listed on the Canadian Stock Exchange (CSE: PM), Frankfurt (FSE: FIR), and OTC (OTCQB: PMMCD) exchanges.

What is the primary focus of Pampa Metals Corporation's project portfolio?

Pampa Metals Corporation's project portfolio is highly prospective for copper, molybdenum, and gold, located in Chile.

What recent actions has Pampa Metals Corporation taken regarding its project portfolio?

Pampa Metals Corporation recently rationalized its project portfolio by relinquishing non-core projects to focus on high-priority targets and new business development initiatives.

What are the strategic goals of Pampa Metals Corporation?

Pampa Metals Corporation aims to acquire, explore, and develop advanced stage copper projects with significant scale potential, focusing on the Americas to create value for shareholders.

What is the key emphasis of Pampa Metals Corporation's operations?

Pampa Metals Corporation places a strong emphasis on technical expertise, commercial viability, and creating value for its shareholders.

Where is Pampa Metals Corporation's project portfolio located?

Pampa Metals Corporation's project portfolio is located in Chile, known as the world's largest copper producer.

Who is the President and CEO of Pampa Metals Corporation?

Joseph van den Elsen currently serves as the President and CEO of Pampa Metals Corporation.

What is the vision of Pampa Metals Corporation?

Pampa Metals Corporation's vision is to make a major copper discovery along the prime mineral belts of Chile, using the best geological and technological methods to create value for shareholders and stakeholders.

What recent financial activities has Pampa Metals Corporation engaged in?

Pampa Metals Corporation recently issued units at a price of $0.05 per unit under a Non-Brokered Private Placement offering for gross proceeds of $160,000.

How can I stay informed about the latest updates from Pampa Metals Corporation?

You can visit Pampa Metals Corporation's website at www.pampametals.com for more information or access the latest company presentation at https://pampametals.com/investor/.

Pampa Metals Corporation

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