09:47 AM EST - Pan American Fertilizer Corp. : announced that is has increased the Private Placement originally announced on March 18, from $500,000 to up to $775,000 and has applied to the TSX Venture Exchange for approval of the offering. The private placement will offer a total of 7.75 million units at a price of $0.10 per unit, each unit being comprised of one share and a half warrant, each whole warrant being exercisable at a price of $0.15 per share for a period of 24 months from the closing date. Pan American Fertilizer Corp.
shares V.PFE are trading unchanged at $0.12.
