Pan Global Resources Announces Strategic Private Placement to Advance Spanish Copper Exploration

• Pan Global announces non-brokered private placement of up to 25M units at $0.12 per unit to raise $3M
• Each unit includes one common share and half warrant exercisable at $0.16 for one year
• Lead order secured from strategic Spanish partner with commitment for further support
• Proceeds to fund drilling at the Bravo Target within Escacena Project
• Target shows similar characteristics to company's La Romana copper-tin-silver discovery

Company Overview

Pan Global Resources Inc. (TSX-V: PGZ; OTCQX: PGZFF) is an exploration company strategically focused on copper-rich mineral deposits, positioning itself to capitalize on copper's crucial role in global electrification and energy transition. The company's flagship Escacena Project, spanning 5,760 hectares, is situated in the renowned Iberian Pyrite Belt of southern Spain. This location represents a tier-one jurisdiction for mining investment, benefiting from robust infrastructure, established mining expertise, and strong support from the European Commission, which designates copper as a Strategic Raw Material. Pan Global distinguishes itself through its experienced team in exploration, development, and mine operations, maintaining a strong commitment to safety and environmental stewardship while operating under United Nations Global Compact principles.

Strategic Financing Details

The newly announced private placement comprises up to 25 million units priced at $0.12 per unit, structured to raise aggregate gross proceeds of up to $3 million. Each unit consists of one common share and one-half of a non-transferable common share purchase warrant. The warrant component allows holders to purchase additional common shares at $0.16 for one year from the closing date. This financing structure provides both immediate capital and potential future funding through warrant exercises.

Strategic Partnership Enhancement

A significant aspect of this financing is the secured lead order from a strategic Spanish partner. This development not only provides immediate capital but also strengthens Pan Global's presence in Spain through local partnership. The partner's commitment to further support suggests confidence in Pan Global's exploration strategy and potential for future collaboration.

The Bravo Target Opportunity

The primary focus for the raised capital is the Bravo Target within the Escacena Project. This target has emerged as a high-priority prospect based on compelling geological indicators:

• Large-scale soil geochemistry anomaly spanning 1.7km by 1.0km
• Significant gravity anomaly measuring 2.0km by 1.5km
• Located just 1km east of the La Romana discovery
• Situated 4.5km from the former Aznalcóllar mine
• Shows characteristics suggesting potential VMS mineralization beneath shallow cover

Regional Context & Infrastructure

The Escacena Project benefits from strategic positioning within the Iberian Pyrite Belt, characterized by:

• Proximity to the operating Riotinto mine
• Adjacent location to former Aznalcóllar and Los Frailes mines
• Nearby development activity by Minera Los Frailes/Grupo México
• Access to established mining infrastructure
• Support from regional and national authorities

The Investment Thesis for Pan Global Resources

Strategic Asset Position

• 100% control of 5,760-hectare land package in prolific mining region
• Multiple discovered deposits including La Romana and Cañada Honda
• Pipeline of highly prospective exploration targets
• Located in mining-friendly jurisdiction with established infrastructure

Copper Market Fundamentals

• Strong long-term copper price outlook
• Critical metal status for global electrification
• Supply constraints facing copper industry
• Growing demand from renewable energy sector

Operational Advantages

• Experienced management team with proven track record
• Operating in tier-one jurisdiction with strong mining heritage
• Access to skilled local workforce
• Proximity to processing facilities and infrastructure

Growth Catalysts

• Upcoming maiden drill program at Bravo Target
• Potential for new discoveries within property package
• Multiple target areas for resource expansion
• Strategic partnership opportunities

Risk Mitigation Factors

• Multiple discovery opportunities within single project
• Strong balance sheet post-financing
• Support from strategic Spanish partner
• Operating in stable political jurisdiction
• Clear permitting and development framework

Pan Global Resources' latest financing announcement represents a significant milestone in the company's development strategy. The secured $3 million private placement, backed by a strategic Spanish partner, provides the necessary capital to advance exploration at the promising Bravo Target. The financing structure, combining immediate capital with warrant-based future funding potential, demonstrates financial prudence while maintaining upside potential for investors. The company's strategic position in the Iberian Pyrite Belt, combined with its focus on copper exploration amid growing global demand, presents a compelling investment opportunity in the critical minerals sector. The presence of a strategic Spanish partner adds credibility to the project while potentially facilitating future development activities. As global demand for copper continues to grow, particularly driven by the energy transition, Pan Global appears well-positioned to capitalize on its strategic assets and experienced management team to deliver value for shareholders.