Legacy Lithium Corp. has invested C$1,000,000 in Pan American Energy Corp. (Pan Am) in the first tranche of Pan Am’s private placement, raising gross proceeds of C$2,595,000. The investment was unanimously approved by the independent directors of the company, with Pan Am CEO Jason Latkowcer abstaining. Pan Am intends to use the net proceeds raised from the Private Placement for general and administrative expenditures, investor awareness and promotional expenditures, and general working capital purposes. All securities issued to the Company are subject to a statutory hold period, in accordance with applicable securities laws, expiring on March 11, 2024.
Solar Dominates US Energy Capacity Growth
The Federal Energy Regulatory Commission (FERC) has published data showing that solar accounted for over 75% of US electrical generating
