$PACXF / $PAC.V Entering the scene: Pacton Gold (

$PACXF / $PAC.V Entering the scene: Pacton Gold (PAC.V), the reincarnation of what was previously called Noka Resources Inc. The roll-out of the newly named Company started slowly but with a big kicker, naming Mr. Alec Pismiris as Interim President & CEO. Granted, he definitely is not a household name in Canada, where Pacton’s corporate headquarters are, but “Down Under”, Pismiris is a name that is highly recognized in the mining sector as several companies he was involved with made large multi-million ounce gold discoveries. Despite announcing an Australian Big Shot as President & CEO, Pacton became quiet after this November 2017 appointment.

We spoke to the Pacton Team and it appeared they started on the acquisition trail, as they believed the opportunity in the Pilbara was still there as Novo’s exploration results could allure more companies to the region. In February 2018, Pacton started to put its land package together, Sprott Capital Partners became advisors and the company recently completed an oversubscribed financing where after gold bug Eric Sprott ended up with an 18% stake on a fully diluted basis.

Thanks to this financial backing, Pacton Gold is now well-financed to start its exploration program in Australia.

https://www.caesarsreport.com/reports/report-...resources/

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