Saturday, September 26, 2026
MiningNewsTerminal
Saturday, September 26, 2026 Admin

RUSH.V ·

Pancontinental Changes NAME to Reflect Newly Acquired Battery Metals Projects Strategy

Corporate Actions

PANCONTINENTAL CHANGES NAME TO REFLECT NEWLY ACQUIRED

BATTERY METALS PROJECTS STRATEGY

Toronto, Ontario – July 12, 2018: Pancontinental Gold Corporation (TSXV: PUC) (“Pancon” or the

“Company”) today announces that the Company h as changed its name to Pancontinental Resources

Corporation. The Company anticipates that shares will be trading under the new name on the TSXV on

July 13 , 2018 and its trading symbol will remain unchanged. The Comp any’s new web site domain is

www.panconresources.com and new Twitter feed is @PanconResources.

“As we continue to execute our st rategy to expand our portfolio an d increase our presence in the growing

Battery Metals space, the name “Gold” does not su fficiently reflect the diversity of our current

exploration and development projects,” said Layton Croft, President and CEO. “We are focused on

developing our Nickel-Cobalt-Copper projects in Onta rio in order to meet growing demand for high

quality, long lasting rechargeable batteries for electri c vehicles and other products poised to dominate the

clean energy global economy.”

The global fleet of electric vehicles is likely to more than triple to 13 million by the end of the decade

from 3.7 million last year, according to a report re leased by the International Energy Agency. Demand for

batteries is expected to rise by a factor of 15 by 20 30, largely driven by light -duty vehicles such as cars

and vans. China’s burgeoning market is expected to make up half of the world’s demand, followed by

Europe, India and the U.S.

Investor Relations

In connection with the Company’s rebranding, Panc on has entered into a consulting agreement (the

"Agreement") with Jeanny So and Jeanny So Consulting (the "Consultant"). Ms. So is a seasoned Investor

Relations and Corporate Development professional with over 15 years of global investor relations, public

relations, corporate affairs, corporate development and communications experience in the natural resource

sector. Ms. So, has strong, key relationships in the financial and mining industry sectors and will assist

Pancon's management in building and developing its prof ile, as well as develop an investor relations plan

and assist management with its internal investor relations duties.

Effective July 1, 2018, the Agreement has an initial term of 12 months, wherein the Company will pay the

Consultant a fee of $5,000 per month. In addition, th e Consultant shall be granted 100,000 stock options

to purchase common shares at $0.08 per share. The opti ons will vest in instalments of 25,000 options per

quarter, with the first instalment vesting on Septembe r 30, 2018. The appointment of the Consultant and

the option grants are subject to acceptance of the TSX Venture Exchange.

About Pancontinental Resources Corporation

Pancon is a Canadian-based mining company focused on the exploration and development of its McBride

Nickel-Cobalt-Copper Project in Ontario, Canada; its Montcalm West Nickel-Cobalt-Copper Project in

Ontario, Canada; and its 100%-own ed Jefferson Gold Project in South Carolina, USA. The Company

continues to focus on acquiring add itional prospective properties in low-risk areas with existing resources

and/or in proximity to producing or former mines. In 2015, Pancon sold its interest in its Australian rare

earth element (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

2

For further information, please contact:

Jeanny So, Investor Relations

T: +1.416.293.8437

E: [email protected]

For additional information please visit our new website at www.panconresources.com and our Twitter

feed: @PanconResources.

Neither TSX Venture Exchange nor its Regu lation 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 hist orical facts. Forward-looking information

is characterized by words such as “plan”, “expect”, “project”, “intend”, “believe”, “anticipate”, “estimate” and other similar

words, or statements that certain events or conditions “may ” or “will” occur. Forward-looking information involves risks,

uncertainties and other factors that could cause actual events , results, and opportunities to differ materially from those expr essed

or implied by such forward-looking informa tion. Factors that could cause actual results to differ materially from such forward-

looking information include, but ar e not limited to, changes in the state of equity and debt markets, fl uctuations in commodity

prices, delays in obtaining required regulatory or governmental approvals, and other risks involved in the mineral exploration and

development industry, including those risks set out in the Comp any’s management’s discussion and analysis as filed under the

Company’s profile at www.sedar.com. Forward-looking informa tion in this news release is based on the opinions and

assumptions of management considered r easonable as of the date hereof, including that all necessary governmental and

regulatory approvals will be received as and when expected. Although the Company believes that the assumptions and factors

used in preparing the forward-looking information in this news release are reasonable, undue reliance should not be placed on

such information. The Company disclaims any intention or obliga tion to update or revise any forw ard-looking information, other

than as required by applicable securities laws.