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PGZ.V ·

Pan Global Announces Extension of Deadline to Complete Private Placement Financing

Financings

1199 West Hastings Street, Suite 700, Vancouver, BC V6E 3T5

Tel: 604-689-9930 Fax: 604-689-9940

August 13, 2019

Shares Issued and Outstanding: 94,293,387

TSXV: PGZ

PAN GLOBAL ANNOUNCES EXTENSION OF DEADLINE

TO COMPLETE PRIVATE PLACEMENT FINANCING

The Company today announced the TSX Venture Exchange has extended by 30 days

the date by which the Company must complete its previously announced private

placement offering.

The Company announced on June 21, 2019 a non -brokered private placement

financing of up to 15,000,000 units of securities at a price of $0.10 per Unit for

aggregate gross proceeds of up to $1,500,000.00 (the “ Offering”). Pursuant to the

policies of the Exchange, the Offering was supposed to close not more than 45 days

from the date of the news release, being August 5, 2019. The deadline to complete

the offering has now been extended to September 4, 2018.

The Company plans to complete the Offering on Tuesday, August 20, 2019.

Completion of the Offering is subject to the approval of the TSX Venture Exchange.

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 is 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) ACCEP TS RESPONSIBILITY FOR THE ADEQUACY OR

ACCURACY OF THIS RELEASE.