Day: February 8, 2023

NEW YORK, Feb. 08, 2023 (GLOBE NEWSWIRE) — Prospect Capital Corporation (NASDAQ: PSEC) (“Prospect”, “our”, or “we”) today announced financial results for our fiscal quarter ended December 31, 2022. FINANCIAL RESULTSAll amounts in $000’s exceptper share amounts (on weighted averagebasis for period numbers) Quarter EndedDecember 31, 2022 Quarter EndedSeptember 30, 2022 Quarter EndedDecember 31, 2021       Net Investment Income (“NII”) $106,704 $99,266 $85,557Basic NII per Common Share(1) $0.23 $0.22 $0.20Interest as % of Total Investment Income 89.6% 86.0% 81.1%Basic NII Coverage of Distributions to Common Shareholders 128% 122% 111%Annualized Basic NII Return on Common NAV 9.3% 8.8% 7.5%       Net Income (Loss) Applicable to Common Stockholders $55,623 $(105,199) $246,411Basic Net Income (Loss) per...

Exchange ratio for “spin-out” set at one Legacy Lithium common share for each five Pan American common shares held. Shareholder meeting to approve “spin-out” to be held on April 11, 2023. CALGARY, Alberta, Feb. 08, 2023 (GLOBE NEWSWIRE) — Pan American Energy Corp. (the “Company” or “Pan American”) (CSE: PNRG) (OTC PINK: PAANF) (FRA: SS6) today announces that it has entered into an arrangement agreement with a newly incorporated, wholly-owned subsidiary of the Company named Legacy Lithium Corp. (“Legacy”) with respect to the proposed “spin out” of the Company’s Green Energy Lithium Property, located in Cane Creek Anticline, Grand County, Utah, USA (the “Property”). Pan American believes that its current share price does not fully recognize the value of the Property, and that by completing the proposed “spin out”, the shareholders...