Pampa Metals Corporation announced a non-brokered private placement of up to 5,000,000 units at a price of CAD 0.05 per unit for gross proceeds of up to CAD 250,000 on September 18, 2023. Each unit consists of one common share and one purchase warrant entitling the holder to acquire an additional common share at a price of CAD 0.075 for a period of 3 years after the closing of the offering. The closing of the offering may occur in one or more tranches, with the final tranche expected to occur on or before October 13, 2023.

The transaction is subject receipt of all necessary regulatory approvals.