Pacifica Holdings, Inc. (PA) Stock Price

Pacifica Holdings, Inc. (PA), formerly Pacifica, Inc., was incorporated on September 2, 1957 originally to engage in the exploration, drilling, and exploitation of oil, gas, and other volatile substances. On October 6, 2000, the Securities and Exchange Commission (SEC) approved its conversion into a holding company including the change in par value. But timing and funding constraints prevented PA's management from pursuing investment in build-operate-transfer projects as well as in real estate and bio-ethanol fuel businesses. In 2007, the Company redirected its focus to the exploration, operation, management and marketing of mining claims. On August 31, 2007, the SEC approved the change in its primary purpose to mineral exploration. On August 2009, it was approved that the Company enter into an Operating Agreement with Zam-Iron Mining Corporation, granting PA the exclusive right to explore, utilize, and develop the Kabasalan Mining Rights of extracting mining products. PA, however, has yet to commence commercial operations as a mining company. On November 26, 2019, the SEC approved the Company's change in name to the present one to reflect its new primary purpose as a holding company. Source: SEC Form 17-A (2022)