Pan American Energy Corp Announces Debt Settlement and Share Issuance

Pan American Energy Corp, a mining company specializing in the exploration and extraction of oil and natural gas resources in South America, has recently made significant financial moves. The company, listed on the Canadian National Stock Exchange, announced the closure of debt settlement transactions on June 6, 2025. This development was reported by multiple sources, including Globenewswire, CEO.ca, and the Financial Post. The transactions are part of the company’s ongoing efforts to manage its financial obligations effectively.

In addition to settling its debts, Pan American Energy Corp issued 205,841 common shares as part of its debt restructuring strategy. This issuance was highlighted in a news release by Stockwatch.com and further detailed by PR Newswire, which noted that the shares were issued as common shares on the Canadian National Stock Exchange.

As of June 4, 2025, Pan American Energy Corp’s close price was CAD 0.28, with a 52-week high of CAD 1.15 and a low of CAD 0.1. The company’s market capitalization stands at CAD 6,780,000, and it currently has a negative price-to-earnings ratio of -0.129737.

Dionisio Gutiérrez Honored with Prestigious Award

In related news, Dionisio Gutiérrez, President of Fundación Libertad y Desarrollo, has been honored with the XI Enrique V. Iglesias Award for the Development of the Ibero-American Space. The award, granted by CEAPI and presented by His Majesty King Felipe VI of Spain, recognizes Gutiérrez’s outstanding civic and business contributions to the region. The ceremony took place in Seville, Spain, on June 6, 2025, and was covered by PR Newswire.

Pan American Energy Corp continues to focus on responsibly developing energy resources in South America while minimizing environmental impacts and contributing to sustainable economic growth in the region. The company’s recent financial activities and the recognition of its leadership underscore its commitment to these goals.