PAN GLOBAL ANNOUNCES YEAR-END FINANCIAL RESULTS AND OPERATIONAL SUMMARY

TSXV: PGZ OTCQB: PGZFF

More than 16,600 meters of drilling on 10 targets at the Escacena and Águilas projects
Expanded area of copper-tin-silver mineralization at La Romana discovery
Positive preliminary metallurgical tests
Surface access agreement for the Romana West target

Pan Global Resources Inc. ("Pan Global" or the "Company") (TSXV: PGZ) (OTCQB: PGZFF) is pleased to report its fourth quarter and audited annual financial results for the financial year ended January 31, 2023 were filed on May 24, 2023 . The audited consolidated financial statements and management discussion and analysis ("MD&A") are available on Pan Global's website at https:www.panglobalresources.comfinancial-reports and have been posted under the Company profile on SEDAR at www.sedar.com . The Company reported a year-end cash balance of $8.9 million . All financial figures are in Canadian dollars.

OPERATIONAL HIGHLIGHTS

Resource delineation: More than 16,600 meters of drilling on 10 targets at the Escacena and Águilas Projects. On January 30, 2023 , the Company announced a 20,000-meter multi-target drill program for 2023.
Leadership: In July 2022 , the Company announced the appointments of Juan Garcia Valledor as General Manager in Spain and Mike Westcott as a special advisor to the Board of Directors. In August, the Company announced the appointment of Andrew Marshall as Chief Financial Officer and in November, announced the appointment of Jason Mercier as Vice President Investor Relations and Communications.
Sustainability: On November 1, 2022 , the Company announced admission to the UN Global Compact which supports a voluntary commitment to Ten Principles and the broader Sustainable Development Goals (SDGs). In addition, the Company commenced development of a Sustainable Mining Management System in accordance with ISO Standards, to support ESG related tracking and reporting.

Subsequent to Year End

U.S. trading upgrade: In March 2023 , Pan Global announced graduation to the OTCQB Venture Market in the United States raising the Company's profile in the world's largest equity market.
Favourable preliminary metallurgical tests: In April 2023 the Company announced positive preliminary metallurgical test results exceeding 86% copper recovery for the La Romana copper mineralization using conventional flotation. The results confirmed minimal deleterious elements and the potential for a coarse primary grind size to reduce energy requirements.
Surface access: On May 11, 2023 , Pan Global secured surface access to explore a 680-hectare area immediately to the west of the La Romana discovery at Escacena. Exploration at Romana West is underway, including ground geophysics and preparatory work for an initial 25-30 drill hole program. The surface access agreement also allows exploration to commence at three additional untested targets: Barbacena, El Pozo and Romana North .
Board appointment: Pan Global announced on May 24, 2023 the appointment of Ms. Corinne Smit , CPA-CA, to the Board of Directors.

Tim Moody , Pan Global President and CEO noted: "Last year was one of tremendous progress for Pan Global as we advanced our rich project portfolio. We drilled more than 16,600 meters and are executing on the plan for a 20,000-meter drill program this year that includes multiple targets at the Escacena Project in southern Spain . The exploration in 2022 expanded the area of copper-tin-silver mineralization at the La Romana discovery, intersected additional mineralization at new targets that require follow-up and also new high-grade zinc-lead-silver mineralization at our Águilas project."

"The work completed in 2022 and planned for 2023 includes metallurgical test work, cost studies, environmental baseline studies and a detailed block model that will support a future maiden resource on La Romana and engineering studies. The addition of two mining engineers as well as key corporate staff has put in place the bench strength needed to deliver on planned work activities," said Mr. Moody.

CORPORATE DEVELOPMENTS SINCE FEBRUARY 1, 2022

For the financial year that began February 1, 2022 , Pan Global started from a strong position of hitting mineralization in 99% of holes drilled at La Romana as well as a healthy treasury to support a robust drill program and expansion of targeting work at the Escacena Project. Major developments in the past year that contributed to the advancement of the Escacena and Águilas Projects, include:

On February 3, 2022 , the Company updated shareholders on the expansion of near-surface copper-tin-silver mineralization at La Romana and the drill plan for 2022.
In February 2022 , the Company provided an update on Airborne high resolution electromagnetic and magnetic survey work done over the Escacena Project and the addition of drill holes at the La Jarosa target.
On March 8, 2022 , Pan Global reported the first drill hole at the La Jarosa target, and on April 5, 2022 , the Company reported that copper mineralization and a wide zone of alteration had confirmed a satellite IP anomaly north of La Romana plus planning for an additional 20 drill holes to further expand the La Romana target.
In May 2022 , Pan Global announced the mobilization of additional drill rigs and the expansion of exploration at the Escacena Project, with new heliborne EM and magnetic results leading to multiple new drill targets supported by geochemistry and geophysics surveys.
On June 9, 2022 , Pan Global completed the purchase of all rights to the "Escacena" Investigation Permit and adopted a Shareholder Rights Plan.
On July 26, 2022 , Pan Global announced the exercise of approximately 98% of the outstanding warrants issued as part of the July 20, 2020 private placement, for total gross proceeds of approximately $3.2 million .
On August 9, 2022 , Pan Global reported additional drilling success at La Romana and plans to include testing six new targets.
A month later, on September 28, 2022 , Pan Global announced a drill program on eight copper targets in the Escacena Project.
On October 6, 2022 , Pan Global reported multiple high-grade polymetallic drill intercepts at the Águilas Project, Spain , with grades and intercepts of 7.3% lead+zinc and 9.1 g/t silver over 5.25 Meters and 37.6% lead+zinc and 6.8 g/t silver over 0.55 meters.
In October 2022 , the Company added a third drill rig and commenced drilling on two new copper targets at the Escacena Project. The first drill holes commenced at the Zarcita and Bravo Norte VMS copper targets.
In November 2022 , Pan Global enhanced its ESG goals through acceptance to the United Nations Global Compact Initiative, a voluntary commitment to its Ten Principles and broader Sustainable Development Goals.
On November 15, 2022 , Pan Global commenced drilling on the Romana Deep target, a large heliborne electromagnetic anomaly that coincides with the down-dip projection of the near-surface La Romana copper-tin-silver mineralization.
In December 2022 , the Company announced the expansion of the La Romana mineralization with discovery of a new upper copper horizon intersected 100 meters above the main La Romana mineralization and expanded near-surface copper mineralization to the south.
On January 17, 2023 , Pan Global announced first results of drilling at Zarcita, intersecting a wide zone of copper stockwork mineralization as well as drill results from multiple other targets at Escacena, including La Jarosa, Hornitos, El Pilar and Bravo Norte with a total of 21 drill holes assayed.
On January 30, 2023 , Pan Global announced approval of a fully funded 20,000-meter, multi-target drill program at the Escacena Project for 2023 and a Company annual budget of $8.5 million .
On March 15, 2023 , Pan Global announced the Company had graduated to the OTCQB Venture Market and was qualified to trade on the platform under the new symbol PGZFF.
In March 2023 , Pan Global welcomed the inclusion of copper in the 2023 EU Critical Minerals and Metals List. The updated list identifies the most critical minerals and metals that are essential to the EU's economic growth and its transition to a low-carbon and digital economy. Potential benefits to Pan Global include improved access to capital and a streamlined permitting regime.
On April 11, 2023 , Pan Global announced positive metallurgical test results exceeding 86% copper recovery for the La Romana copper mineralization using conventional flotation. Additional attributes include the potential for coarse primary grind size, which would reduce energy requirements, and minimal deleterious elements.
On April 19, 2023 , Pan Global announced drill results for an in-fill drill program, including intersecting 15 meters of 1.2% copper, 0.05% tin, and 5.4g/t silver at La Romana. The first drill holes at Romana Deep also delivered encouraging results that support planning for follow-up geophysics.
On April 26, 2023 , Pan Global announced the commencement of drilling at Cañada Honda copper-gold target in the Escacena Project targeting IP anomalies adjacent to a large gravity anomaly that extends 2km east-west.
On May 11, 2023 , Pan Global secured surface access to explore a 680-hectare area west of the La Romana discovery at Escacena. Exploration commenced immediately at Romana West, including ground geophysics in preparation for an initial 25-30 drill hole program. The surface access agreement allows exploration to also commence at three additional untested targets: Barbacena, El Pozo and Romana North .
On May 24, 2023 , Pan Global announced the appointment of Corinne Smit , CPA-CA, to the Board of Directors of the Company.

MANAGEMENT OUTLOOK AND KEY CATALYSTS

We remain focused on advancing the Company's strategic objectives and near-term milestones, which include the following:

To discover, define and develop new mineral resources, with a focus on copper, tin, silver, gold and other minerals in Spain .
Key catalysts over the next 18 months include:

Drill results from ongoing exploration at Escacena;
Access agreements to targets east of La Romana, including Bravo;
Additional metallurgical test results, including tin metallurgy and variability tests;
Reporting a maiden resource at La Romana, potentially in H1 2024; and
Planning for engineering studies.

Pan Global continues to review other exploration opportunities in Spain , with a view to strategically enhance the mineral exploration portfolio. The value of the Company may be further enhanced through such new opportunities and application of the deep experience of the Pan Global technical team to future work programs.

About Pan Global Resources

Pan Global Resources Inc. is actively targeting copper-rich mineral deposits, given copper's compelling supply-demand fundamentals and outlook for strong long-term prices as a critical metal for global electrification and energy transition. The Company's flagship Escacena Project is located in the prolific Iberian Pyrite Belt in southern Spain , where infrastructure, mining and professional expertise, and support for copper as a Strategic Raw Material by the European Commission collectively define a tier-one jurisdiction for mining investment. The Pan Global team comprises proven talent in exploration, development, and mine operations - all of which are committed to operating safely and with utmost respect for the environment and our partnered communities.

Qualified Persons

James Royall , Vice President Exploration for Pan Global Resources and a qualified person as defined by National Instrument 43-101, has reviewed the scientific and technical information for this news release. Mr. Royall is not independent of the Company.

On behalf of the Board of Directors

www.panglobalresources.com

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 news 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 for the financial year ended January 31, 2023 , which is filed on the Company's SEDAR profile.

The forward-looking information contained in this news release is based on information available to the Company as of the date of this news 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.

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SOURCE Pan Global Resources Inc.

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Pan Global Resources TSXV:PGZ Base Metals Investing

PGZ:CA

Dore Copper Announces Filing and Mailing of Management Information Circular in Connection with Special Meeting and Encourages Shareholders to Access Meeting Materials Electronically

Doré Copper Mining Corp. (" Doré Copper ") (TSXV: DCMC; OTCQB: DRCMF; FRA: DCM) today announced that it has filed and is in the process of mailing the management information circular (the " Circular ") and related materials for the special meeting (the " Meeting ") of shareholders of Doré Copper (" Doré Copper Shareholders ") to be held December 16, 2024. At the Meeting, Doré Copper Shareholders will be asked to consider and vote on a special resolution (the " Arrangement Resolution ") approving a statutory plan of arrangement (the " Plan of Arrangement ") pursuant to Section 192 of the Canada Business Corporations Act (the " Arrangement "), subject to the terms and conditions of an arrangement agreement dated October 14, 2024 (the " Arrangement Agreement ") entered into among Doré Copper, Cygnus Metals Limited (" Cygnus ") and 1505901 B.C. Ltd., a wholly owned subsidiary of Cygnus, all as more particularly described in the Circular.

The board of directors of Doré Copper (the " Doré Copper Board ") and the special committee of independent directors established by the Doré Copper Board (the " Special Committee ") have unanimously determined that the Arrangement is in the best interests of Doré Copper and that the Arrangement is fair to the Doré Copper Shareholders. The Special Committee and the Doré Copper Board reviewed and considered a significant amount of information and considered a number of factors relating to the Arrangement, with the benefit of advice from Doré Copper's management, and the financial and legal advisors of the Special Committee and the Doré Copper Board. The Special Committee unanimously recommended that the Doré Copper Board recommend to Doré Copper Shareholders that they vote FOR the Arrangement Resolution. The Doré Copper Board unanimously recommends that Doré Copper Shareholders vote FOR the Arrangement Resolution. See pages 33 to 36 of the Circular for a detailed description of the " Reasons for the Arrangement ".

In accordance with the interim order granted by the Ontario Superior Court of Justice (Commercial List) on November 12, 2024, providing for the calling and holding of the Meeting and other procedural matters relating to the Arrangement, the Arrangement can only proceed if, among other conditions, it receives the approval of not less than two-thirds (66⅔%) of the votes cast on the Arrangement Resolution by Doré Copper Shareholders in person or by proxy at the Meeting and not less than a majority (50% + 1) of the votes cast on the Arrangement Resolution by Doré Copper Shareholders in person or by proxy at the Meeting excluding the votes cast by certain interested or related parties or joint actors of Doré Copper in accordance with the minority approval requirements of Multilateral Instrument 61-101 – Protection of Minority Security Holders in Special Transactions .

Under the Arrangement Agreement, the parties have agreed to effect the Arrangement, pursuant to which Cygnus will indirectly acquire all of the issued and outstanding common shares in the capital of Doré Copper (" Doré Copper Shares "), and Doré Copper Shareholders will be entitled to receive, for each Doré Copper Share held immediately prior to the effective time of the Arrangement (the " Effective Time "), 1.8297 fully paid ordinary shares (the " Consideration ") in the capital of Cygnus (each one whole share, a " Cygnus Share ").

As a result of, and immediately following the completion of, the Arrangement, Doré Copper will be an indirect wholly-owned subsidiary of Cygnus and the former Doré Copper Shareholders will be entitled to receive the Consideration for each Doré Copper Share previously held by them immediately prior to the Effective Time (subject to rounding, as provided for in the Plan of Arrangement).

Cygnus has applied for its Cygnus Shares to be listed on the TSX Venture Exchange (the " TSXV "). It is a condition of closing that Cygnus shall have received conditional listing approval from the TSXV to list the Cygnus Shares on the TSXV. Listing of the Cygnus Shares on the TSXV will be subject to Cygnus receiving approval from, and fulfilling all of the minimum listing requirements of, the TSXV.

Meeting and Circular

The Meeting of the Doré Copper Shareholders will be held at the offices of Bennett Jones LLP located at One First Canadian Place, 100 King Street West, Suite 3400, Toronto, Ontario, M5X 1A4 on December 16, 2024 at 12:00 p.m. (Toronto time). Doré Copper Shareholders of record as of the close of business on November 13, 2024 are entitled to receive notice of and to vote at the Meeting. Doré Copper Shareholders are urged to vote before the proxy deadline of 12:00 p.m. (Toronto time) on December 12, 2024.

The Circular provides important information on the Arrangement and related matters, including the background of the Arrangement, the rationale for the recommendations made by the Special Committee and the Doré Copper Board, and voting procedures. Doré Copper Shareholders are urged to read the Circular and its appendices carefully and in their entirety. The Circular is being mailed to Doré Copper Shareholders in compliance with applicable Canadian securities laws. The Circular is available under Doré Copper's profile on SEDAR+ at www.sedarplus.ca and on Doré Copper's website at www.dorecopper.com .

Impact of Canada Post Labour Strike

Due to the ongoing Canada Post labour strike, it is possible that Doré Copper Shareholders may experience a delay in receiving the Circular and related materials in respect of the Meeting. Doré Copper Shareholders are encouraged to access the Circular and related materials electronically as noted above. Registered holders of Doré Copper Shares experiencing a delay in receiving the Circular and related materials may contact Computershare Investor Services Inc. at 1-800-564-6253 to obtain their individual control numbers in order to vote their Doré Copper Shares. Registered holders of Doré Copper Shares are encouraged to vote their Doré Copper Shares via the internet at www.investorvote.com or via telephone at 1-866-732-VOTE (8683). Registered holders of Doré Copper Shares are also encouraged to complete and return letters of transmittal by hand or by courier to ensure the appropriate documents are received in a timely manner. Beneficial holders of Doré Copper Shares experiencing a delay in receiving the Circular and related materials should contact their broker or other intermediary for assistance in obtaining their individual control numbers in order to vote their Doré Copper Shares. Beneficial holders of Doré Copper Shares are encouraged to vote their Doré Copper Shares via the internet at www.proxyvote.com or via telephone at 1-800-474-7493 (English) or 1-800-474-7501 (French). It is recommended that any physical forms of proxy or voting instruction forms be delivered via courier to ensure that they are received in a timely manner.

Registered holders of Doré Copper Shares who wish to exercise their dissent rights in connection with the Arrangement are also cautioned to deliver their written objection to Doré Copper by mail using a method other than Canada Post or by facsimile transmission in accordance with the instructions set forth in the Circular to ensure that they are received in a timely manner.

Other Matters

Agreement with SOQUEM

Further to its news release dated July 3, 2024, on July 2, 2024, Doré Copper issued 1,190,476 Doré Copper Shares to SOQUEM at a deemed price of $0.105 per Doré Copper Share in connection with its acquisition of a 56.41% interest in a group of contiguous claims located immediately north and east of its flagship high-grade Corner Bay copper project in the Chibougamau mining camp.

About Doré Copper Mining Corp.

Doré Copper Mining Corp. aims to be the next copper producer in Québec with an initial production target of +50 million pounds of copper equivalent annually by implementing a hub-and-spoke operation model with multiple high-grade copper-gold assets feeding its centralized Copper Rand mill ¹ . Doré Copper has delivered its PEA in May 2022 and is proceeding with a feasibility study. Doré Copper has consolidated a large land package in the prolific Lac Doré/Chibougamau and Joe Mann mining camps that has historically produced 1.6 billion pounds of copper and 4.4 million ounces of gold. ² The land package includes 13 former producing mines, deposits and resource target areas within a 60-kilometer radius of Doré Copper's Copper Rand Mill.

About Cygnus Metals

Cygnus Metals Limited (ASX: CY5) is an emerging exploration company focused on advancing the Pontax Lithium Project (earning up to 70%), the Auclair Lithium Project and the Sakami Lithium Project in the world class James Bay lithium district in Québec, Canada. In addition, Cygnus has REE and base metal projects at Bencubbin and Snake Rock in Western Australia. The Cygnus Board of Directors and Technical Management team have a proven track record of substantial exploration success and creating wealth for shareholders and all stakeholders in recent years. Cygnus' tenements range from early-stage exploration areas through to advanced drill-ready targets.

For further information about Doré Copper, please contact:

Ernest Mast	Laurie Gaborit
President and Chief Executive Officer	Vice President, Investor Relations
Phone: (416) 792-2229	Phone: (416) 219-2049
Email: ernest.mast@dorecopper.com	Email: laurie.gaborit@dorecopper.com

Visit: www.dorecopper.com
Facebook: Doré Copper Mining
LinkedIn: Doré Copper Mining Corp.
Twitter: @DoreCopper
Instagram: @DoreCopperMining

Cautionary Note Regarding Forward-Looking Statements
This news release includes certain "forward-looking statements" under applicable Canadian securities legislation. Forward-looking statements include predictions, projections and forecasts and are often, but not always, identified by the use of words such as "seek", "anticipate", "believe", "plan", "estimate", "forecast", "expect", "potential", "project", "target", "schedule", "budget" and "intend" and statements that an event or result "may", "will", "should", "could" or "might" occur or be achieved and other similar expressions and includes the negatives thereof. All statements other than statements of historical fact included in this news release, including, without limitation, statements with respect to the proposed Arrangement and the terms thereof, the completion of the Arrangement, including receipt of all necessary court, shareholder and regulatory approvals and timing thereof, the listing of the Cygnus Shares on the TSXV, and the plans, operations and prospects of Doré Copper and its properties are forward-looking statements. Forward-looking statements are necessarily based upon a number of estimates and assumptions that, while considered reasonable, are subject to known and unknown risks, uncertainties and other factors which may cause actual results and future events to differ materially from those expressed or implied by such forward-looking statements. Such factors include, but are not limited to, the ability to obtain approvals in respect of the Arrangement and to consummate the Arrangement, the ability to obtain approvals for the listing of the Cygnus Shares on the TSXV, integration risks, actual results of current and future exploration activities, benefit of certain technology usage, the ability of prior successes and track record to determine future results, changes in project parameters and/or economic assessments, availability of capital and financing on acceptable terms, general economic, market or business conditions, future prices of metals, uninsured risks, risks relating to estimated costs, regulatory changes, delays or inability to receive required regulatory approvals, health emergencies, pandemics and other exploration or other risks detailed herein and from time to time in the filings made by Doré Copper with securities regulators. Although Doré Copper has attempted to identify important factors that could cause actual actions, events or results to differ from those described in forward-looking statements, there may be other factors that cause such actions, events or results to differ materially from those anticipated. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements. Doré Copper disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law.

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.

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Red Metal Resources Engages German Investor Awareness and Digital Marketing Consultants

Red Metal Resources Ltd. (CSE: RMES) (OTC Pink: RMESF) (FSE: I660) ("Red Metal" or the "Company") The Company has engaged Investment-Zirkel-München ("IZM") that offers several services for German language investor awareness including news dissemination, conference calls, real-time investor forums and an active investors network throughout Europe. IZM has a select investor following that participate in both financings and open market buying. The IZM contract is for a two-year term at a cost of CAD$25,000.

IZM has a business address at Lena-Chris-Str 9, Nuebiberg, Germany. The services to be provided will be overseen by Mathias Voigt, President of the company, who can be contacted at mv@i-z-m.info. Mr. Voigt owns 150,000 shares of the Company.

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World Copper Initiates Strategic Review Process and Engages Advisor

World Copper Ltd. (TSXV: WCU) (OTCQB: WCUFF) (FSE: 7LY0) ("World Copper " or the "Company") announces that the Company has initiated a strategic review process and has engaged Origin Merchant Partners (the "Advisor") to assist it in its review. The Advisor will work with World Copper's management and Board to evaluate a range of strategic alternatives that may be available to the Company to grow and maximize value for all shareholders (the "Engagement"). There can be no assurance that this process will result in any specific strategic plan or financial transaction and no timetable has been set for its completion. The Company does not plan to provide updates on the status of the review unless there are material developments to report.

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Heritage Mining Further Expands Land Position and Provides Exploration Update

(TheNewswire)

VANCOUVER, BC TheNewswire - November 19, 2024 Heritage Mining Ltd. (CSE: HML FRA:Y66) (" Heritage " or the " Company ") is pleased to announce the claim package expansion at its flagship Drayton Black Lake (" DBL ") based on experts recommendations Brett Davis and Dr. Gregg Morrison in addition to an update on the ongoing 2024 exploration program over the Ontario Project Portfolio. The Company believes the progress achieved to date represents important milestones for systematic exploration in one of the last underdevelopment greenstone belts in Northwestern Ontario.

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Quetzal Copper Announces Brokered Private Placement Offering to Raise $3.0 Million

Quetzal Copper Corp. (TSXV: Q) ("Quetzal" or the "Company") a North American focused copper exploration company is pleased to announce that it has entered into an agreement with Independent Trading Group ("ITG") to act as lead agent and sole bookrunner in connection with a "best efforts" private placement (the "Offering") for aggregate gross proceeds of up to $3,000,000 from the sale of the following:

up to 6,666,666 units of the Company (the "Units") at a price of $0.15 per Unit for gross proceeds of up to $1,000,000 from the sale of Units; and

up to 10,526,315 common shares of the Company (the "FT Shares", and together with the Units, the "Offered Securities") at a price of $0.19 per FT Share for gross proceeds of up to $2,000,000 from the sale of FT Shares. Each FT Share will be issued as a "flow-through share" within the meaning of the Income Tax Act (Canada).

Each Unit issued under the Offering shall consist of one common share in the capital of the Company (each, a "Common Share") and one-half of one Common Share purchase warrant (each whole warrant, a "Warrant"). Each Warrant will entitle the holder thereof to acquire one Common Share at an exercise price of $0.25 per Common Share for a period of 24 months from the Closing Date (as defined below).

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Hole ID	Easting ²	Northing ²	Azimuth ( ^o )	Dip ( ^o )	Depth (m)
LRD167	735976	4152716	156	-50	122.15
LRD168	735954	4152761	180	-50	125.55
LRD169	735865	4152803	240	-60	191.65
LRD170	735866	4152806	180	-55	155.65
LRD171	735866	4152807	0	-90	197.1

Hole ID	From (m)	To (m)	Interval (m)	ZnEq (%)	AgEq (g/t)	Ag (g/t)	Au (g/t)	Zn (%)	Pb (%)	Cu (%)
WT24-33	102.62	124.65	22.03	3.7	177.1	57.5	0.14	1.6	0.67	0.09
incl.	121.70	124.60	2.90	22.6	1078.8	417.4	0.74	9.1	4.77	0.105
WT24-34	92.25	96.62	4.37	13.7	656.2	157.4	1.05	6.3	3.03	0.076
incl.	94.59	96.06	1.47	31.1	1488.4	356.0	2.90	13.7	6.21	0.166

Red Mountain 2024 Diamond Drill Hole Collars
Hole ID	Easting	Northing	Elevation (m)	Azimuth	Dip	Depth (m)	Zone	Status
WT24-33	483950	7090863	982	0	-90	185	West Tundra Flats	Reported Here
WT24-34	484196	7090851	968	38	-78	146	West Tundra Flats	Reported Here
DC24-106	481059	7088384	1233	170	-72	192	Dry Creek	Previously Reported
DC24-104	480364	7088200	1218	180	-45	112	Dry Creek	Results Pending
DC24-105	480364	7088200	1218	180	-75	120	Dry Creek	Results Pending
KW24-03	470228	7085491	1561	180	-50	283	Kiwi	Results Pending

PAN GLOBAL ANNOUNCES YEAR-END FINANCIAL RESULTS AND OPERATIONAL SUMMARY

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