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Pan American Energy Corp (PK:PAANF)

Business Focus: Integrated Mining

Sector:  Basic Materials Industry:  Integrated Mining
 
Company Contact
Address: 610- 505 3 Street SW
CALGARY AB T2P 3E6
Tel: N/A
Website: https://panam-energy.com
IR: See website
Key People
Jason Latkowcer
President, Chief Executive Officer, Director
Paul More
Chief Financial Officer, Corporate Secretary
 
Business Overview
Pan American Energy Corp. is a Canada-based exploration stage company. The Company is engaged in the acquisition, exploration and development of mineral properties containing battery metals in North America. Its projects include Horizon Lithium Project and Big Mack Lithium Project. The Horizon Lithium Project is prospective for near-surface domestic American claystone lithium. Horizon Lithium Project consists of 839 claims (7,015 ha) just 7.5 kilometers (km) from Tonopah, Nevada. Just north of Kenora, Ontario, the Big Mack Lithium Project is located in an area of mineralization and nearby peer exploration. The property contains rare-metal mineralization similar to TANCO (Manitoba) and Bikita pegmatites (Zimbabwe). The Company is also engaged with technical partners in the development of Direct Lithium Extraction (DLE) technologies for advanced, efficient, and sustainable processing of lithium.
Financial Overview
For the three months ended 31 July 2013, Pan American Energy Corp revenues was not reported. Net loss decreased 57% to C$108K. Lower net loss reflects Stock-based compensation decrease from C$24K (expense) to C$0K, Insurance decrease from C$9K (expense) to C$0K, Professional fees decrease of 23% to C$13K (expense).