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While Pan Global Corp. opened just one cent higher than its previous close of 0.45, it managed to go up to 0.50 and never dropped below 0.46. The Company has gone up to 3.50 over the past 52 weeks with a low of 0.20. In addition the Company has a volume of 2,930,921 and an average three month volume of 1,925,790.

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Yesterday, the Company announced that it will enter into a definitive stock purchase agreement to acquire 100% of the outstanding shares and convertible debt (if not previously converted) of Regency Yamuna Energy Limited (RYEL) through its wholly-owned subsidiary, Pan Asia Infratech, Corp. The Project is predicted to be 95% complete and commercial operation is expected to commence during the fourth quarter of 2013.

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