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PGZ.V ·

Pan Global Extends Closing Date of Offering

Financings

PAN GLOBAL EXTENDS CLOSING DATE OF

OFFERING

/NOT FOR DISSEMINATION, RELEASE OR PUBLICATION IN OR INTO

THE UNITED STATES

OR

FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES/

TSXV: PGZ | OTCQB: PGZFF | FRA: 2EU

VANCOUVER, BC

,

Nov. 21, 2025

/CNW/ - Pan Global Resources Inc. ("Pan Global" or the "Company")

(TSXV: PGZ) (OTCQB: PGZFF) (FRA: 2EU) today announced an extension to

December 21, 2025

of

the deadline for completion of its previously announced non-brokered private placement financing. In all

other respects, the terms of the financing will be as previously announced.

On

October 6, 2025

the Company announced that it had arranged a non-brokered private placement

financing (the

"Offering"

) of up to 18,750,000 Common Shares (the "

Shares

") of the Company at a

price of

$0.16

per Share for gross proceeds of up to

$3,000,000

. On

October 22, 2025

the Company

announced completion of the first tranche of the Offering for aggregate gross proceeds of

$2,322,800

.

Completion of the second and final tranche of the Offering is subject to acceptance by the TSX Venture

Exchange.

This media release shall not constitute an offer to sell or the solicitation of an offer to buy these

securities, nor shall there be any offer, solicitation, or sale of these securities in

the United States

or

any jurisdiction in which such offer, solicitation or sale would be unlawful.

About Pan Global Resources

Pan Global Resources Inc. is actively exploring for copper-rich mineral deposits along with gold and

other metals. Copper has compelling supply-demand fundamentals and outlook for strong long-term

prices as a critical metal for global electrification and energy transition. Gold is also attracting record

prices.

The Company's flagship Escacena Project is located in the prolific Iberian Pyrite Belt in southern

Spain

,

where a favourable permitting track record, excellent infrastructure, mining and professional expertise,

and support for copper as a Strategic Raw Material by the European Commission collectively define a

tier-one low-risk jurisdiction for mining investment. The Company's second project, at Cármenes in

northern

Spain

, is also an area with a long mining history and excellent infrastructure. The Pan Global

team comprises proven talent in exploration, discovery, development, and mine operations - all of which

are committed to operating safely and with utmost respect for the environment and our partnered

communities. The Company is a member, and operates under the principles, of the United Nations

Global Compact.

To learn more about Pan Global Resources, please visit the Company's Curation Connect

showcase and explore AI-generated responses to your enquiries at

https://app.curationconnect.com/company/Pan-Global-Resources-44037?utm_source=pg_mediareleases

www.panglobalresources.com

Forward-looking statements

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 outcomes 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 media 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 technological 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 media release is based on information available to the

Company as of the date of this media release. Except as required under applicable securities

legislation, the Company does not intend, 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.

SOURCE

Pan Global Resources Inc.

View original content to download multimedia:

http://www.newswire.ca/en/releases/archive/November2025/21/c4087.html

%SEDAR: 00024063E

For further information:

FOR MORE INFORMATION PLEASE CONTACT: Jason Mercier, VP

Investor Relations and Communications, [email protected],

[email protected], Tel: +1-236-886-9518

CO: Pan Global Resources Inc.

CNW 15:56e 21-NOV-25