Panoro Minerals Launches C$5 Million Private Placement

Reuters06:52

Panoro Minerals Launches C$5 Million Private Placement

Panoro Minerals Ltd. has announced an update to its previously disclosed brokered private placement, aiming to raise up to C$5 million through the sale of up to 12,500,000 units at a price of C$0.40 per unit. The offering is being conducted on a "best efforts" basis and is scheduled to close on December 22, 2025, pending regulatory and TSX Venture Exchange approvals. The securities offered will not be registered under U.S. securities laws and will primarily be available to Canadian investors outside of Québec, with the potential for sales in offshore jurisdictions and the United States via private placement exemptions. The underlying shares and warrants are expected to be immediately freely tradeable in Canada.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Panoro Minerals Ltd. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: GNW9616289-en) on December 22, 2025, and is solely responsible for the information contained therein.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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