VANCOUVER, BC / November 23, 2023 / Pampa Metals Corp. (“Pampa Metals” or the “Company”) (CSE: PM / FSE: FIRA / OTCQX®: PMMCF) announces that it has granted a total of 585,000 incentive stock options to its directors and management. The options are exercisable at an exercise price of $0.075 per share until November 20, 2026.
The Company also announces a grant of 605,291 bonus shares (the “Bonus Shares”) to a director, subject to approval by the Canadian Securities Exchange, and subject to vesting upon the 10-day volume weighted average trading price of the common shares of the Company being equal to $0.10.
ABOUT PAMPA METALS
Pampa Metals is listed on the Canadian Stock Exchange (CSE:PM), Frankfurt (FSE:FIRA), and OTC (OTCQB:PMMCD) exchanges, and wholly owns a portfolio of projects highly prospective for copper, molybdenum, and gold along proven and highly productive mineral belts in Chile, the world's largest copper producer.
For more information, please visit Pampa Metals’ website www.pampametals.com.
ON BEHALF OF THE BOARD
Joseph van den Elsen | President & CEO
INVESTORS CONTACT
Joseph van den Elsen | President & CEO
Neither the CSE nor the Investment Industry Regulatory Organization of Canada accepts responsibility for the adequacy or accuracy of this release.
FORWARD-LOOKING STATEMENT
This news release contains certain statements that may be deemed "forward-looking statements". All statements in this release, other than statements of historical fact, that address events or developments that Pampa Metals expects to occur, are forward-looking statements. Forward-looking statements are statements that are not historical facts and are generally, but not always, identified by the words "expects" and similar expressions, or that events or conditions "will" or "may" occur. These statements are subject to various risks. Although Pampa Metals believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guaranteeing of future performance and actual results may differ materially from those in forward-looking statements.