Pancon GOLD Appoints Vice President Corporate Development and Launches New Website
January 26, 2016
PANCON GOLD APPOINTS VICE PRESIDENT CORPORATE DEVELOPMENT
AND LAUNCHES NEW WEBSITE
The Board of Directors of Pancontinental Gold Corporation (TSX-V: PUC) (“Pancon Gold”, “Pancon” or the
“Company”) is pleased to announce the appointment of Mr. Layton Croft as the Company’s Vice President,
Corporate Development. Mr. Croft’s appointment is a further step in achievi ng the Company’s goal of becoming a
leading gold exploration and mine development company, focused on the Carolina mineral belt in the southeastern
United States.
Mr. Croft has more than 25 years of leadership experience in corporate strategy, project management, business
development, stakeholder engagement as well as community and environmental sustainability. He has spent more
than 15 years in senior roles in the minerals exploration, mining and energy sectors, including six years as Executive
Vice President for Ivanhoe Mines’ massive Oyu Tolgoi copper-gold project in Mongolia. Originally from and
currently residing in Charlotte, North Carolina, Mr. Croft has contributed to business results on gold, copper, iron
ore and coal projects and operations in Asia, North Am erica and Africa, with companies including Rio Tinto,
Peabody Energy and Duke Energy.
In addition, Layton is a Director of Canadian junior Erdene Resource Development (TSX: ERD), which has
discovered and is developing a significant high-grade gold district in southwestern Mongolia. As well, he is a
Director of Asia-Pacific Investment Pa rtners, a frontier and emerging market real estate company. Layton holds a
BA from the University of North Carolina at Chapel Hill, an MA from the School for International Training, and an
MA from the Fletcher School of Law and Diplomacy at Tufts University.
Pancon Gold Chairman, Don Whalen, said: “Layton started consulting with Pancon on a range of corporate
development priorities in 2016. Now is the right time for us to elevate his role and take advantage of his exceptional
skill set in order to achieve our commercial goals and creat e lasting value for our shareholders and our stakeholders.
Layton brings deep knowledge and a br oad range of executive-level skills that perfectly complement Pancon’s
world-class technical team. I am confident that our flagsh ip Jefferson Gold Project in South Carolina will continue
to evolve as a high-potential area for new gold discoverie s. Layton’s leadership, vision and ability to develop and
execute plans and achieve business objectives will greatly st rengthen Pancon’s corporate outlook as we continue to
grow the Company.”
Pancon is also announcing the launch of its new website: www.pancongold.com. This is an important development
as the Company expands its ability to communicate with and engage stakeholders, shareholders and the investment
community. The new website will evolve to become a user-friendly, mobile source of information and multimedia
content, as well as a platform for Pancon Gold social media outlets.
In addition to the above, Pancon recently granted 100,000 stock options to a senior consulting geologist who is
overseeing the Company’s drill program at the Jefferson Gold Project.
About Pancontinental Gold Corporation
Pancontinental Gold Corporation is a Canadian-based mining company focused on the exploration and development
of the Jefferson Gold Project and on acquiring additional prospective gold properties in southeastern United States.
The Company’s shares are lis ted on the TSX Venture Exch ange, trading under the symbol PUC. In 2015, Pancon
Gold sold its interest in its Australian rare earth elem ent (REE) and uranium properties, formerly held through a
joint venture, and retains a 1% gross overriding royalty on 100% of future production.
365 Bay St, Suite 400
Toronto, Ontario
M5H 2V1
ON BEHALF OF THE BOARD OF DIRECTORS
Rick Mark
President & CEO
For further information, please contact:
Rick Mark
President and CEO
1-416-293-8437 or [email protected]
For additional information, please visit our website at www.pancongold.com.
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.
Cautionary Language and Forward Looking Statements
This news release contains forward-looking information which is not comprised of historical facts. Forward-looking information is characterized
by words such as “plan”, “expect”, “project”, “intend”, “believ e”, “anticipate”, “estimate” and other similar words, or stateme nts that certain
events or conditions “may” or “will” occur. Forward-looking info rmation involves risks, uncerta inties and other factors that co uld cause actual
events, results, and opportunities to differ materially from thos e expressed or implied by such forward-looking information. Fa ctors that could
cause actual results to differ materially from such forward-looking information include, but are not limited to, changes in the state of equity and
debt markets, fluctuations in commodity prices, delays in obtaining required regulatory or governmental approvals, and other risks involved in the
mineral exploration and development industr y, including those risks set out in the Co mpany’s management’s discussion and analys is as filed
under the Company’s profile at www.sedar.com. Forward-looking inform ation in this news release is based on the opinions and ass umptions of
management considered reasonable as of th e date hereof, including that all necessary governmental and regulatory approvals will be received as
and when expected. Although the Company believes that the assump tions and factors used in preparing the forward-looking informa tion in this
news release are reasonable, undue reliance should not be placed on such information. The Company disclaims any intention or ob ligation to
update or revise any forward-looking information, other than as required by applicable securities laws.