Market IN the United States
355 Burrard Street, Suite 1150, Vancouver, BC V6C 2G8
Tel: +1 778 372-7101
TSXV: PGZ OTCQB: PGZFF MARCH 15, 2023
PAN GLOBAL GRADUATES TO THE OTCQB VENTURE
MARKET IN THE UNITED STATES
VANCOUVER, BRITISH COLUMBIA – (March 15, 2023) – Pan G lobal Resources
Inc. (“Pan Global” or the "Company") (TSX-V: PGZ; OTCQ B: PGZFF) is pleased to
announce that the Company has qualified for trading on the OTCQB Venture Market
in the United States operated by the OTC Markets Group Inc. and the Company's
common shares now trade on the OTCQB under the symbol "PGZFF".
The Company's common shares will continue to trade on the TSX Venture Exchange
(the "TSX-V") under the symbol "PGZ".
"As part of graduating from the OTCPinks to OTCQB platform, we learned that that
Pan Global has a more significant following in the U.S. markets than we expected.
The posting of our shares on the OTCQB allows greater access and visibility for the
Company as we advance the Escacena Copper Project in southern Spain," said Tim
Moody, President and CEO of Pan Global. "As we continue to expand our presence
within the U.S. investment community, the trading of our shares on the OTCQB
platform facilitates the expansion and growth of the Company."
U.S. investors can find current financial disclosure and Real -Time Level 2 quotes for
the Company on www.otcmarkets.com. The Company's listing on the TSX-V and the
trading of its shares on the OTCQB contribute to a growing awareness of the Company
and affords investors lower-barrier access to trading.
The 2023 Project plan includes more than 50 additional drill holes at Escacena. A 10-
hole stepout and infill drill program is in progress at the La Romana discovery targeting
electromagnetic anomalies , further testing the continuity and potential down -dip
extensions of the mineralization. Drilling is also in progress at the Zarcita and Romana
Deep targets at Escacena.
Catalysts for 2023 include:
• Assay results from the ongoing exploration drilling at La Romana, the Romana
Deep target ( electromagnetic anomaly on the down-dip projection of the La
Romana mineralization) and Zarcita target (located 4 km north of La Romana)
• Gaining access to the west and ea st of La Romana to continue testing
extensions of the near-surface mineralization and geophysics targets
• Results from ongoing La Romana metallurgy testwork
• Assay results from drilling on the extensions of La Romana following access
• Discovery of additional exploration targets from the ongoing exploration
2
About the Escacena Project
The Escacena Project comprises a large, contiguous, 5,760 -hectare land package
controlled 100% by Pan Global in the east of the Iberian Pyrite Belt. The project is
located near operating mines at Las Cruces and Riotinto and is immediately adjacent
to the former Aznalcóllar and Los Frailes mines where Minera Los Frailes/Grupo
Mexico is in the final permitting stage with construction anticipated to restart in 2023.
The Escacena Project hosts the La Romana copper -tin discovery and a number of
other prospective targets, including Zarcita, Hornitos, La Jarosa, Romana Deep,
Bravo, Barbacena, El Pozo, and San Pablo.
About Pan Global Resources
Pan Global Resources Inc. is actively engaged in base and precious metal exploration
in southern Spain and is pursuing opportunities from exploration through to mine
development. The Company is committed to operating safely and with respect to the
communities and environment where we operate.
On behalf of the Board of Directors
FOR FURTHER INFORMATION PLEASE CONTACT:
Jason Mercier, VP Investor Relations and Communications
+1 778 372-7101
www.panglobalresources.com
Statements which are not purely historical are forward -looking statements, including
any statements regarding beliefs, plans, expectations or intentions regarding the
future. It is important to note that actual outcome s and the Company's actual results
could differ materially from those in such forward -looking statements. The Company
believes that the expectations reflected in the forward -looking information included in
this news release are reasonable but no assurance can be given that these
expectations will prove to be correct and such forward-looking information should not
be unduly relied upon. Risks and uncertainties include, but are not limited to,
economic, competitive, governmental, environmental and technologic al factors that
may affect the Company's operations, markets, products and prices. Readers should
refer to the risk disclosures outlined in the Company's Management Discussion and
Analysis of its audited financial statements filed with the British Columbia Securities
Commission.
The forward -looking information contained in this news release is based on
information available to the Company as of the date of this news release. Except as
required under applicable securities legislation, the Company does not i ntend, and
does not assume any obligation, to update this forward-looking information.
NEITHER TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS
THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE)
ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.