Pan American Energy Corp. is a Canada-based exploration stage company. The Company is principally engaged in the acquisition, exploration and development of mineral properties containing battery metals in North America. The Company has executed an option agreement in Canada with Magabra Resources pursuant to which it has acquired a 75% interest in the Big Mack Lithium Project, 80 kilometers (km) north of Kenora, Ontario, with the right to earn an additional 15%. It has also entered into an option agreement with Northern Critical Minerals Corp. to acquire up to a 100% interest in the Tharsis REE Project, located in the Northwest Territories and covers approximately 8,750 hectares. The project hosts the Squalus Lake Alkaline Complex, a Proterozoic-age carbonatite-bearing intrusion prospective for rare earth and high field strength elements.