“PAN GLOBAL Announces FAST-TRACK Private Placement!

Pan Global Corporation today announced a non-brokered private placement of its common shares to qualified investors. The company offered an aggregate of up to 8,204,166 common shares at a price of $0.155 per share, for gross proceeds of up to $1,267,424.90. This non-brokered private placement is an important step taken by Pan Global in order to finance its current business plans. The proceeds from the offering would be used mainly to finance the exploration and development activities of its gold and copper projects in Canada, the Silver Reef Project in Idaho, the Giant Boulders Project in California, and its growth opportunities. The offering is only open to qualified investors, and the common shares issued pursuant to the offering will be subject to a statutory four-month hold period. The offering is subject to the approval of the Toronto Stock Exchange, and is expected to close by October 31, 2020subject to customary closing conditions. Pan Global is one of the leading precious metals exploration companies in North America and is currently engaged in exploration and development activities across gold and copper projects in Canada, the Silver Reef Project in Idaho, and the Giant Boulders Project in California. Pan Global is well positioned to capitalize on the current gold price rally and has recently announced an increase in its estimated gold resources in its California and Idaho properties which could potentially have an even larger impact on enhancing the value of the company. This private placement announcement is a further testament to the company’s commitment to achieving profitability and growing its asset base. The company is continuing to explore and develop projects in Canada, the United States, and Mexico with the intention of becoming a major player in the precious metals exploration industry.