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VANCOUVER, BRITISH COLUMBIA--(Marketwire - Dec. 11, 2012) - Pan Global Resources Inc. (TSX VENTURE:PGZ) (the "Company") today announced a non-brokered private placement of 2,500,000 units (the "Units") at a price of $0.40 per Unit for aggregate gross proceeds of $1,000,000 (the "Offering"). Each Unit will be comprised of one common share and one share purchase warrant, with each warrant entitling the holder to purchase one additional common share at a price of $0.60 for two years from closing of the Offering. |
