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PGZ.V ·

Pan Global Resources Announces Exercise of Warrants

Financings Share Capital & Compensation

Pan Global Resources Announces Exercise of

Warrants

Vancouver, British Columbia--(Newsfile Corp. - December 16, 2021) -

Pan Global Resources Inc.

(TSXV:

PGZ

) (OTC Pink:

PGNRF

) (the "Company") today announced all outstanding investor and

broker warrants issued as part of the December 16, 2019 private placement have been exercised, for

gross proceeds to the Company of $3.55 million.

Tim Moody, Chief Executive Officer of the Company, commented: "We are grateful to our warrant

holders for this show of continued support.

We are continuing to advance the La Romana copper-tin

discovery and focused on an accelerated exploration program on the adjoining recently permitted Al

Andaluz property."

About Pan Global Resources

Pan Global Resources Inc. is actively engaged in base and precious metal exploration in Spain and is

pursuing opportunities from exploration through to mine development.

The company has committed to

operating safely and with respect to the communities and environment where we operate.

On behalf of the Board of Directors

www.panglobalresources.com

FOR FURTHER INFORMATION PLEASE CONTACT:

[email protected]

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.

To view the source version of this press release, please visit

https://www.newsfilecorp.com/release/107783