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<em>The Dutch government eventually revoked the company's charter and in 1799 took over its debts and possessions. Slave Lodge (1679), Cape Town, South Africa, which once housed slaves who worked for the Dutch East India Company.</em>
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Answer:
In 1513, while leading an expedition in search of gold, he sighted the Pacific Ocean. Balboa claimed the ocean and all of its shores for Spain, opening the way for later Spanish exploration and conquest along the western coast of South America.
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