Pan American Energy Announces Debt Settlement Transactions

Core Viewpoint - Pan American Energy Corp. has entered into debt settlement agreements with creditors, agreeing to issue 2,205,841 common shares at a deemed value of $0.20 per share to settle an outstanding debt of $441,168.50 [1] Group 1: Debt Settlement Transactions - The debt settlement involves the issuance of 2,205,841 common shares to creditors, valued at $0.20 each, totaling $441,168.50 in debt [1] - All securities issued will be subject to a statutory hold period of four months and one day from the issuance date, in accordance with Canadian securities legislation [2] - The transactions are subject to approval from the Canadian Securities Exchange [2] Group 2: Company Overview - Pan American Energy Corp. is an exploration stage company focused on acquiring, exploring, and developing mineral properties containing battery metals in North America [3] - The company has executed an option agreement to acquire a 75% interest in the Big Mack Lithium Project, located 80 km north of Kenora, Ontario, with the potential to earn an additional 15% interest [4]