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ADVANCING COPPER DISCOVERIES


ESCACENA PROJECT

INVESTOR PRESENTATION
Iberian Pyrite Belt
Spain

JUNE 2024
TSXV: PGZ | OTCQX: PGZFF | FRA: 2EU
This Presentation contains "forward-looking statements". These forward-looking statements are made as of the
FORWARD date of this Presentation and Pan Global Resources Inc. does not intend, and does not assume any obligation, to

LOOKING update these forward-looking statements. Forward-looking statements include, but are not limited to,
statements with respect to the timing and amount of estimated future exploration, success of exploration

STATEMENT activities, expenditures, permitting, and requirements for additional capital and access to data. Forward-looking
statements involve known and unknown risks, uncertainties and other factors which may cause the actual
& results, performance or achievements of the Company to be materially different from any future results,

QUALIFIED performance or achievements expressed or implied by the forward-looking statements. Such factors include,
among others, risks related to actual results of current exploration activities; changes in project parameters as

PERSON plans continue to be refined; the ability to enter into joint ventures or to acquire or dispose of property interests;
future prices of mineral resources; accidents, labour disputes and other risks of the mining industry; ability to
obtain financing; and delays in obtaining governmental approvals or financing.

This presentation does not constitute an offer to sell or solicitation of an offer to buy any securities Pan Global
Resources Inc.

Qualified Person

Álvaro Merino is the Company’s Qualified Person (QP) as defined by National Instrument 43-101, has reviewed
and approved the scientific and technical information contained in this presentation. Mr. Merino is not
independent of the Company.

TSXV: PGZ | OTCQX: PGZFF | FRA: 2EU 2


TSXV: PGZ | OTCQX: PGZFF
FRA: 2EU EXPLORING FOR METALS ESSENTIAL TO ENERGY TRANSITION
Copper and tin have excellent long-term price fundamentals and are
essential to the Energy Transition
INVESTMENT
MERITS: BOARD & MANAGEMENT TO UNLOCK VALUE
Proven management team with successful record from discovery to
mining, and strategic decision making
Pan Global has one of
the few new copper ADVANCED COPPER DISCOVERY, DISTRICT POTENTIAL
Expanding copper-tin discovery in the Escacena Project, well suited to
discoveries with low-cost open-pit mining, and strong pipeline of nearby copper targets
potential to be in
production within the
IDEAL LOCATION
next decade when Tier One Mining supportive jurisdiction with rapid mine permitting track
copper prices are record. Surrounded by operating mines and development projects, and
excellent infrastructure
expected to escalate
STRATEGIC LAND PACKAGE
Underexplored, highly prospective mineral rights in a famous mining
region; and growing exploration target portfolio in Spain with multi-
metal discovery potential

CASH – WELL-FINANCED FOR 2024 PROGRAM


$6.1M CAD October 2023 private placement, added US and European
institutional and HNW holders, 3x oversubscribed 3
TSXV: PGZ | OTCQX: PGZFF
FRA: 2EU

COPPER
DEMAND FOR Copper prices are
ENERGY expected to
TRANSITION: elevate over the
THE NEXT next decade,
DECADE IS resulting in faster
CRITICAL payback and
higher returns

Source: https://energyminute.ca/infographics/the-volume-of-2050-net-zero-copper-demand/
4
TSXV: PGZ | OTCQX: PGZFF
FRA: 2EU “The imminent 4th Industrial Revolution and the Green Industrial Revolution should both benefit
tin over the next decade. Tin as solder will glue together all the electronic and electrical equipment
required for a 5G-supported smart communications future. Tin-copper products should also
TIN: benefit from development of electric vehicles and renewable energy infrastructures.”
- International Tin Association, 2022
DEMAND FOR
HIGH-VALUE
Supply-demand balance for tin in (‘000’s tonnes), 2010-2030
METAL DRIVEN
BY ENERGY
TRANSITION

Tin $/t = 3.2 x Copper $/t

US$/t 29,400

US$/t 9,269

Cu Sn
LME 3-month average price (April 8, 2024)

Source: Wood Mackenzie, ITA, USGS, Metallum Commodity Consulting


5
TSXV: PGZ | OTCQX: PGZFF
FRA: 2EU • Iberian Pyrite Belt (IPB)
• Prolific 250km long
metallogenic belt

ESCACENA • Hosts large number of Tier One


VMS deposits (Cu, Pb, Zn, Ag,
PROJECT: Au, Sn)

IN THE • 7 active mines and major mining


companies:
WORLD’S MOST ▪ Riotinto (Atalaya)

PROLIFIC ▪ Las Cruces (First Quantum)


▪ Neves Corvo (Lundin)
MULTI-METAL ▪ Sotiel-Migollas, Aguas

VMS MINING Teñidas, and


Magdalena (Sandfire MATSA)
DISTRICT ▪ Aljustrel (Almina)
• A number of advanced projects,
including neighbouring
Aznalcóllar-Los Frailes (Grupo
México)

6
ESCACENA PROJECT: NEIGHBOURING PRODUCERS

• Surrounded by mines and development


ATALAYA MINING • Infrastructure and future optionality
Riotinto • Unexplored since the mid-1980s
Copper
Copper, Lead, Zinc
PAN GLOBAL Copper
GRUPO MEXICO
ESCACENA PROJECT FIRST QUANTUM
Aznalcóllar Las Cruces
Los Frailes
>5,700 Ha

12 km

Copper, Tin, Silver Copper, Gold

La Romana Cañada Honda

There is no assurance that Pan Global Resources’ results will be similar or mirror those of adjacent properties. Map Image: Google Digital Globe 2019

TSXV: PGZ | OTCQX: PGZFF | FRA: 2EU 7


ESCACENA PROJECT: MULTI-DISCOVERY POTENTIAL

• These deposits typically occur in clusters


PAN GLOBAL • Strong potential for multiple discoveries
ESCACENA PROJECT • High sulphide content is ideal for geophysics
CAÑADA
HONDA
Gravity Anomaly
Targets AZNALCÓLLAR LUNDIN MINING
OPEN PIT
NEVES CORVO MINE CAMP*
AZNALCÓLLAR
Cluster of seven
deposits
>300 million
tonnes of
sulphides
At the same scale = one of Europe’s
largest mines
0 1 2km
LA ROMANA
0 1 2km Gravity Anomaly
Targets

* Modified from: West, D. and Penney, M., 2018; There is no assurance that Pan Global
Resources’ results will be similar or mirror those of the Neves Corvo mine area.

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ESCACENA PROJECT: GEOPHYSICS AND NEW COPPER TARGETS

• Significant exploration upside - VMS deposits


730000 735000 occur in
740000 clusters 745000

• New high-quality gravity survey confirms


4158000

4158000
GRAVITY ZARCITA multiple untested targets
GEOPHYSICS
SURVEY Cañada Honda AZNALCÓLLAR* LOS FRAILES*
PGZ Drill hole
Historic Mine Works

El POZO LA JAROSA
HORNITOS Grupo Mexico
BARBACENA
SAN PABLO

ROMANA BRAVO
DEEP NORTE

ROMANA PILAR
Historical Mine
4153000

NORTE

4153000
Active drill target
EL CORTIJO PILAR
2.5km SOUTH Gravity target
La Romana BRAVO
730000 735000 740000 745000
* Aznalcollar and Los Frailes gravity anomalies are shown for comparison. There is no assurance that Pan Global Resources’s results will be similar or mirror those of adjacent properties.

TSXV: PGZ | OTCQX: PGZFF | FRA: 2EU 9


LA ROMANA: GRAVITY TARGET & COPPER COINCIDENT

Upside Potential
• New drill results confirm new
higher-grade copper area in the
northwest (open)
• Gravity and DHEM target, indicates
potential northwest continuation of
higher grades
• Planned drilling targeting near-
surface northwestern extension
• Other targets nearby

1 Copper Equivalent (CuEq) is calculated using Cu, Sn and Ag grades. Metallurgical


recoveries include 86% for Cu, 68% for Sn and 56% for Ag, based on preliminary studies.
The CuEq calculation uses US$ 8,693/tonne Cu, US$ 29,069/tonne Sn and US$ 23.72/oz
Source: Selected drill highlights from published drill results available on the company’s website Published Drill Hole Intersections Ag. The effective formula is [CuEq %] = [Cu %] + 2.6440 * [Sn %] + 0.0057 * [Ag ppm]

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LA ROMANA: NEAR SURFACE COPPER-TIN-SILVER OVER 1.4KM

LRD173 LRD179 CuEq % ( Cu% / Sn% / Ag g/t )


New Drilling Extends West
• Copper-tin-silver mineralization
9.7m @ 1.69 (1.61 / 0.02 / 3.8) 18.1m @ 0.65 (0.61 / 0.01 / 1.5)
Inc. 5.7m @ 2.70 (2.58 / 0.03 / 6.2) Inc. 6.1m @ 1.50 (1.42 / 0.02 / 3.5)

LRD171 La Romana continuous for 1.4 km and growing


15.9m @ 1.13 (1.04 / 0.03 / 2.3)

DHEM
Inc. 9.9m @ 1.70 (1.57 / 0.04 / 3.6)
• Defined by 180 drill holes
A’
• Size increased by 25% in 2023,
Conductor

B’ Cu-Sn-Ag
Grade Shell
>0.2% CuEq
excellent copper & tin metallurgy
• Near surface mineralization and
geometry, well suited to potential low
A
cost open-pit mining
B • 30-hole planned drill program to
LRD177
8m @ 1.48 (1.21 / 0.1 / 1.5)
LRD172
12m @ 0.74 (0.60 / 0.05 / 1.4)
delineate the western extension
Inc. 3.4m @ 2.86 (2.72 / 0.04 / 3.2) Inc. 6m @ 1.36 (1.09 / 0.10 / 2.6)
1 Copper Equivalent (CuEq) is calculated using Cu, Sn and Ag grades. Metallurgical recoveries
include 86% for Cu, 68% for Sn and 56% for Ag, based on preliminary studies. The CuEq
calculation uses commodity prices of US$ 8,693/tonne Cu, US$ 29,069/tonne Sn and US$
Source: Selected drill highlights from published drill results available on the company’s website Published Drill Hole Intersections 23.72/oz Ag. The effective formula is [CuEq %] = [Cu %] + 2.6440 * [Sn %] + 0.0057 * [Ag ppm]

TSXV: PGZ | OTCQX: PGZFF | FRA: 2EU 11


LA ROMANA: >50M THICK COPPER ZONE, OPEN DOWN-DIP

B B’ Well suited to low-cost


open pit mining
4.5m @ 1.5 (1.3 / 0.04 / 3.8)
• Highest grades and best thickness near to
surface
46.5m @ 0.6 (0.5 / 0.05 / 3.0)
Inc. 7.35m @ 1.2 (1.1 / 0.06 / 5.0)
Inc. 1.1m @ 1.6 (1.2 / 0.12 / 6.4) 52.6m @ 0.9 (0.8 / 0.05 / 3.8) • LRD040: 52.6m @ 0.8% Cu, 0.05% Sn,
Inc. 26.6m @ 1.3 (1.1 / 0.05 / 5.0)
Inc. 7m @ 2.4 (2.3 / 0.03 / 8.5)
3.8g/t Ag, including 26.6m @ 1.1% Cu,
0.05% Sn, 8.5g/t Ag
6.7m @ 0.8 (0.7 / 0.0 / 2.7)
16m @ 0.45 (0.4 / 0.01 / 1.6) Length (m) @ CuEq %
• Simple, predictable geometry
9m @ 1.1 (0.9 / 0.04 / 5.1)
Inc. 1.9m @ 3.4 (3.0 / 0.11 / 16.5)
(Cu % / Sn % / Ag gpt)
• Gentle topography and thin post-mineral
cover
1 Copper Equivalent (CuEq) is calculated using Cu, Sn and Ag grades.
Metallurgical recoveries include 86% for Cu, 68% for Sn and 56% for Ag, based
on preliminary studies. The CuEq calculation uses commodity prices of US$
8,693/tonne Cu, US$ 29,069/tonne Sn and US$ 23.72/oz Ag. The effective
formula is [CuEq %] = [Cu %] + 2.6440 * [Sn %] + 0.0057 * [Ag ppm]

Source: Selected drill highlights from published drill results available on the company’s website Published Drill Hole Intersections

TSXV: PGZ | OTCQX: PGZFF | FRA: 2EU 12


LA ROMANA: ALTERATION & METAL ZONATION OPEN WEST

Copper-Tin-Silver
Mineralization • Metal and Alteration models shows
the mineralization is wide open to
the west and down-dip
• Tin grades increasing to the west
• Good continuity
West North

Chlorite
East
0 300 m Sericite View looking down-dip
towards the northwest

TSXV: PGZ | OTCQX: PGZFF | FRA: 2EU 13


LA ROMANA COPPER VARIABILITY: HIGH QUALITY CONCENTRATE

Positive Cu metallurgy
• Copper metallurgy variability tests
confirm saleable concentrate grades are
achievable across the deposit
• Simple conventional floatation process
flowsheet
• Excellent recoveries up to 88% copper
• Concentrate grades up to 32.5% copper
• Positive results advance La Romana to
the preliminary design phase of the
metallurgical process

TSXV: PGZ | OTCQX: PGZFF | FRA: 2EU 14


LA ROMANA TIN METALLURGY: PREMIUM CONCENTRATE GRADES

Positive Sn metallurgy
• Tin metallurgy tests confirm high-
quality tin concentrate by
conventional gravity separation
• High tin concentrate grades of 63.2%
Sn at 58.1% recovery
• Typical tin cassiterite-sulphide
deposits
➢ Ore grades range from 0.2% to
1.4% Sn, and
➢ Recoveries range from 30% to
60%, where tin is the primary
commodity
• Tin mines globally - concentrate
grades of 50-55% Sn

TSXV: PGZ | OTCQX: PGZFF | FRA: 2EU 15


LA ROMANA METALLURGICAL STUDY SUMMARY

• Copper concentrate containing 26% Cu and 102 ppm Ag


with an expected recovery of over 88%
• Tin concentrate containing 63% Sn with an expected
recovery of over 58%
• Ore classified as medium-hard to crush and grind
• Low grinding energy requirements due to coarse
liberation sizes (chalcopyrite liberated at 106μm and
cassiterite liberated at 53μm)
• Simple process design combining conventional froth
flotation to recover copper and silver, followed by
standard gravimetric concentration to recover tin
Final outcome:
• Low concentrations of deleterious elements
• Expected commercial specifications of Cu & Sn concentrates
• Potential for a silver credit
• Basic process flowsheet & engineering, including mass and
water balances, and tailings disposal
• Opex & Capex estimation at PFS level (NI 43-101-compliant)

TSXV: PGZ | OTCQX: PGZFF | FRA: 2EU 16


LA ROMANA: IBERIAN PYRITE BELT DEPOSIT DEPTH COMPARISON

PGZ MATSA (Sandfire)


• Mines becoming deeper &
First Lundin
Depth La Romana Quantum
Atalaya Ascendant Atalaya Depth
0m 0m
Sotiel higher cost / challenging
La Romana
Copper from surface
Top of Gossan
-150m

Mines
Cerro Colorado
base of pit 400m
Lagoa Salgada
• Near surface is less expensive
Base of pit
-250m?
120m below cover
to explore / open pit is lower
Current
mine depth -
cost to mine
390m Current
base of pit Projects
500 m 500 m
-400m?
Current
mine depth -
565m
Masa de Valverde
Las Cruces Current mine 430-800m below surface
Beneath 150m of cover Magdalena
depth -725m

Exploration
drilling to
-800m

Aguas Teñidas at 725m Mine


below surface
1000 m 1000 m Current
Tested down to -
1100m Semblana discovery mining depth
800 to 900m below surface
Curent mine depth -1200m

Depth to
Neves Corvo at mineralization
1200m below surface Exploration drilling to
-1400m

1500 m 1500 m
Iberian Pyrite Belt Deposits shown for comparison of drilling and mine depths. There is no assurance that Pan Global Resources’ results will be similar or mirror those of adjacent properties.

TSXV: PGZ | OTCQX: PGZFF | FRA: 2EU 17


LA ROMANA: COMPOUNDING VALUE-ENHANCING ATTRIBUTES

PAYABLE CREDITS - TIN & SILVER

LOW DELETERIOUS METALS

HIGH COPPER RECOVERIES

LOWER RISK - HIGHER VALUE


COURSE GRAINED = LOWER ENERGY

MINERALIZATION CONTINUITY = GOOD

EXCELLENT GEOMETRY FOR OPEN PIT

NEAR SURFACE MINERALIZATION La Romana pit-shell simulation based on


first 150-holes - view to the Northeast
IBERIAN PYRITE BELT = FASTER PERMITTING APPROVALS

NEW EUROPEAN CRITICAL RAW MATERIALS ACT


Work in Progress:
EXCEPTIONAL INFRASTRUCTURE AND PROFESSIONAL TALENT • Drilling
• Preliminary block model and open pit studies
PROXIMAL TO OPERATING MINES AND REFINERY
• Baseline environmental studies
FAVOURABLE JURISDICTION - LEGAL, TENURE, MINING CODE • Metallurgy test program
• Cost studies
ADDITIVE ATTRIBUTES

TSXV: PGZ | OTCQX: PGZFF | FRA: 2EU 18


CAÑADA HONDA: A SECOND DISCOVERY AT ESCACENA PROJECT

• Copper-gold mineralization and geophysics coincident – wide-open


greenfield target
• VMS style stockwork, semi-massive and massive sulphides and
stacked gold veins in the hanging wall
• Target concept validated – VMS beneath thrust fault e.g. Sotiel-
Migollas Mine
• Open-pit / underground mining target
• 1% cueq standard for underground mining in the Iberian Pyrite Belt
CHD08: 4.8% Cu, 2.12g/t Au, 26.1g/t Ag, 0.9% Zn
(Massive Sulphides) over 1m from 207.8m

Source: Selected drill highlights from published drill results available on the company’s website Published Drill Hole Intersections

TSXV: PGZ | OTCQX: PGZFF | FRA: 2EU 19


CAÑADA HONDA: TARGET CONCEPT SIMILAR TO SOTIEL DEPOSIT

SOTIEL DEPOSIT – Cu, Zn, Pb


Cross-section Older Rocks
(Slates and Quartzites)
• Sandfire MATSA’s Sotiel-Migollas mine
Thrust Faults (100M tonnes Giant class VMS deposit,
65km NW of Escacena): VMS mineralization
host within shales, concealed beneath thrust
fault with older rocks above
• Stockwork mineralization in the hangingwall
Volcanic Rocks
Stockwork
Massive Sulfide Sulfides

1km

TSXV: PGZ | OTCQX: PGZFF | FRA: 2EU 20


CAÑADA HONDA: LARGE COPPER AND GOLD TARGET

New Discovery
• Large gravity target extends over 2km
F
• Copper-gold mineralization and geophysics coincident
CAÑADA HONDA
GRAVITY TARGET • Potential ore grade/thickness copper & gold from surface to
CHD14 CHD12 600m down-dip, extending along-strike
CHD05
A CHD09 • Latest drill results include best gold intersection and widest
CHD08
copper intersection:
CHD06
CHD11
F CHD08
A’ ▪ 8m @ 2.63g/t Au, and
Soil Cu-Au ▪ 14m @ 0.77% Cu, 0.4g/t Au, 4g/t Ag, incl.
Anomaly
▪ 6.8m @ 1.48% Cu, 0.65g/t Au, 7.2g/t Ag
Rock grab sample CHD12
Historical mine
Downhole EM 1.03 g/t Au 8.98 g/t Au ▪ 17m @ 1.58g/t Au, incl.
New Downhole EM
Drillholes
F ▪ 11m @ 2.36g/t Au (or 9m @ 2.79g/t Au), and
Completed ▪ 22m @ 0.41% Cu, 0.20g/t Au, 1.6g/t Ag
New Results
In-progress
CHD11
▪ 4.25m @ 1.17g/t Au, 17.7g/t Ag (35m from surface)
Source: Selected drill highlights from published drill results available on the company’s website Published Drill Hole Intersections

TSXV: PGZ | OTCQX: PGZFF | FRA: 2EU 21


CAÑADA HONDA: COPPER-GOLD MINERALIZATION WIDE OPEN

Cross-section
A CHD14
In-progress CHD12
A’ • VMS style copper-gold stockwork,
CHD5 CHD9 CHD6
CHD CHD8
09
CHD
08 semi-massive & massive sulphides

100m
2m @ 1.36 g/t Au • Stacked gold veins above
2m @ 1.61 g/t Au

Shales
8m @ 2.63 g/t Au • Wide-open downdip & along-strike
• Target concept validated – VMS
and
20m @ 1.09 g/t Au
Quartzites 14m @ 0.77% Cu, 0.4g/t Au, 4g/t Ag
0m
Incl. 6.8m @ 1.48% Cu, 0.65g/t Au, 7.2g/t Ag
Dacites beneath thrust fault e.g. Sotiel-
17m @ 1.58g/t Au 7m @ 0.64% Cu, 0.8g/t Au, 6.5g/t Ag Migollas Mine
Incl. 11m @ 2.36 g/t Au Incl. 3m @ 0.91% Cu, 1.1g/t Au, 5.5g/t Ag

-100m • Open-pit / underground mine target


F 13m @ 0.51% Cu, 0.36g/t Au, 2.7g/t Ag
Shales Incl. 3.1m @ 1.01% Cu, 0.45g/t Au, 4.8g/t Ag
and
Quartzites
F
-200m 11m @ 0.76% Cu, 0.44g/t Au, 2.4g/t Ag
Incl. 5.1m @ 1.31% Cu, 0.47g/t Au, 3.9g/t Ag Drillhole
22m @ 0.41% Cu, 0.20g/t Au, 1.6g/t Ag Cu % Au g/t
(Left) (Right)
Incl. 5m @ 0.6% Cu, 0.48g/t Au, 1.98g/t Ag
Dacites >0.8 >0.5
0m 100m >0.5 >0.2
>0.2 >0.1
>0.1
>0.05
>0.02 Source: Selected drill highlights from published drill results available on
the company’s website Published Drill Hole Intersections

TSXV: PGZ | OTCQX: PGZFF | FRA: 2EU 22


CAÑADA HONDA: LARGE COPPER AND GOLD TARGET

Cañada Honda
Cañada Honda W Long-Section E
Gravity Anomaly
Gravity Anomaly Map
A 2 km
A’

Resistivity Low
2 km Target (<200 Ω m)

A A’ No Data
(powerlines)
>0.2% Cu
Grade Shell

Resistivity Low, gravity anomaly &


Cu-Au Drill Intercepts coincident
3D Heliborne EM Resistivity
Target coincident with
gravity anomaly

Source: Selected drill highlights from published drill results available on the company’s website Published Drill Hole Intersections

TSXV: PGZ | OTCQX: PGZFF | FRA: 2EU 23


ESCACENA PROJECT: MULTIPLE NEW TARGETS AND UPSIDE POTENTIAL

NEW SURVEY
733000 E 734000 E 735000 E 736000 E 737000 E
Escacena
Cañada
Project
Honda

4155000 N
4155000 N

0 1 Km La Romana

New Survey

BARBACENA

4154000 N
• New detailed gravity survey highlights
4154000 N

ROMANA
NORTE
untested new targets
• Enhanced the La Romana west
EL CORTIJO
extension, Romana Norte and

4153000 N
4153000 N

LA ROMANA
Barbacena gravity targets
• Satellite copper targets near to La
Romana
733000 E 734000 E 735000 E 736000 E 737000 E

TSXV: PGZ | OTCQX: PGZFF | FRA: 2EU 24


ESCACENA PROJECT: BRAVO TARGET – LARGE AND UNTESTED

Significant upside at
Gravity anomaly map new targets
LA ROMANA
• Bravo Gravity Target (Pending
Access)
✓ Coincident Heli-Electro
Magnetic anomaly
✓ Along-trend east from La
Romana
✓ Historical Exxon IP anomaly
on southern margin of
gravity anomaly
EL CORTIJO BRAVO

TSXV: PGZ | OTCQX: PGZFF | FRA: 2EU 25


CORPORATE INFORMATION AND CAPITAL STRUCTURE

COMPANY STATISTICS (As of May 31, 2024) PAN GLOBAL SHAREHOLDERS

Shares Outstanding (M) 242.77M


Warrants (M)* 30.35M
8% Institutional
17%
HNW
Options/RSUs/DSUs (M) 19.99M
Retail
Shares Fully Diluted (M) 293.1M
Insiders
Market Cap @ $0.18 (CAD$M) $43.7M
27%
52-Week Trading Range (CAD$) $0.15 - $0.38 48%

Average Daily Trading Volume (3-month) 225,761

Cash – Q4 January 31, 2023 (CAD$M) $4.7M

ANALYST COVERAGE PRICE TARGET


Ryan Walker Echelon Buy $0.85 NEWSLETTER WRITERS
Justin Chan SCP Buy $0.85 Eric Coffin Hard Rock Analyst

Warrant exercise price of $0.30, expiry October 31, 2026.

TSXV: PGZ | OTCQX: PGZFF | FRA: 2EU 26


TSXV: PGZ | OTCQX: PGZFF
FRA: 2EU

2024 - 2025 CATALYSTS


✓ La Romana deposit-wide copper
metallurgical variability test results
A COMPELLING
INVESTMENT ✓ La Romana metallurgical test-work for tin

OPPORTUNITY ❑ Surface land access for the Bravo target

“MANY ❑ Drill results and ongoing exploration of


new targets, including Cañada Honda
WAYS TO WIN
❑ Drill results from La Romana’s westward
WITH PAN extension
GLOBAL” ❑ La Romana maiden Mineral Resource
Estimate

❑ La Romana Preliminary Economic


Assessment

27
COPPER ADDED TO EUROPEAN CRITICAL RAW MATERIALS ACT

European Critical Raw Materials Act – March 2024


A European Union regulation establishes a framework to
ensure a secure and sustainable supply of critical raw
materials

Potentially beneficial actions under the Critical Raw


Materials Act include:
• Streamline permitting procedures reducing the
administrative burden (24 months for extraction, 12
months for processing permits)
• Improve access to finance
• Increase support for research funding in the minerals
and mining sector

TSXV: PGZ | OTCQX: PGZFF | FRA: 2EU 28


OUR VALUES: A SUSTAINABLE OPERATION

ESG INITIATIVES

Environment Social Governance A member of the United Nations


Global Compact since October
2022 – the only exploration in
Spain so committed
• Energy efficiency • Stakeholders • Transparency
• Water use • Community relations • Ethical behaviour
• Land footprint • Employment • Cost efficiency
• Emissions • Training and • Investigation and
• Waste development research
Supportive of GRI Sustainability
• Restoration • Health and safety Reporting Standards

• Natural resources • Data security Focused on the Sustainable


• Heritage Development Goals fixed in the
UN 2030 Agenda

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TSXV: PGZ | OTCQX: PGZFF
FRA: 2EU

HIGH-GRADE
PROFESSIONAL
TEAM

30
LEADERSHIP TEAM

TIM MOODY – President, CEO and Director ÁLVARO MERINO – Vice President Exploration MAX PINSKY - Corporate Secretary

Tim has over 35 years of experience in the mining industry Álvaro holds degrees in geology and mine engineering, and Max is a lawyer with over 20 years of practice experience,
including mineral exploration, resource assessment, has worked in the mining industry for more than 20 years in mainly in the corporate and securities areas. He has a B.Sc.
business development, strategy and government relations, Chile, Bolivia, Mexico, and Spain. He has an extensive (Special) degree and an LL.B. degree from the University of
including 24 years with Rio Tinto, where he held various background working in senior management positions at Alberta. He is a member of the Law Society of British
posts, including Iberia Exploration Manager (Spain and several junior mining companies with early-stage and Columbia and has considerable experience in assisting
Portugal), Exploration Director, and Vice President and advanced exploration projects with a diverse range of companies in all stages of planning and corporate
Director of Business Development. Strong international development.
commodities. He has been an important part of the Pan
multi-discovery track record.
Global geology team since the company began in Spain
and serves as Pan Global’s Qualified Person for NI 43-101.
ANDY MARSHALL - Chief Financial Officer DANIEL ROCA – Spanish Legal Counsel (External)
JASON MERCIER – Vice President Investor Relations
Andy is a Chartered Accountant and Chartered Financial Daniel is a practicing lawyer in Spain, with extensive
Analyst with more than 11 years of finance and CFO Jason is an investor and communications professional professional experience in the areas of business law and
experience in the mining sector, including an extensive with more than 25 years of experience acquired in a range mining law. He has worked in the mining industry for the
background in financial and risk management; corporate of mining companies, from exploration-stage juniors to a last 35 years, with companies such as Rio Tinto, Lundin
reporting, ESG management; and M&A transactions. He $15 billion market cap producer. Most recently, he was the Mining, Sibelco and Imerys, in all stages of mine
most recently served as CFO at First Mining Gold Corp. His global investor relations, and external communications lead development from exploration to production.
career began with PricewaterhouseCoopers LLP in London. for a base and precious metals producer.

JUAN GARCIA VALLEDOR - General Manager Spain BÁRBARA GÓMEZ – HSE & Relations Manager Spain

Juan is a Mining Engineer with more than 28 years project Bárbara is a mining engineer and brings a wide range of
development, open-pit mining and operational experience experience to her role at Pan Global. She has most recently
from mine design to mine closure in Spain, including roles managed her own consultancy in Spain specializing in
as operations manager at Rio Tinto's talc mining permitting and government relations, as well as health and
operations, re-opening the Alquife iron ore open-pit mine in safety. Throughout her more than 20-year career, she has
Granada and operations manager at W Resources La participated in most of the mining projects in the Iberian
Parrilla tungsten/tin mine going from development to Pyrite Belt, including Las Cruces, Aguas Teñidas,
production. Aznalcóllar, Magdalena and Sotiel.

TSXV: PGZ | OTCQX: PGZFF | FRA: 2EU 31


TSXV: PGZ | OTCQX: PGZFF
FRA: 2EU PATRICK EVANS – Chairman TIM MOODY

Patrick is a senior mining executive with more than 20 years of Tim has more than 35 years of experience in the mining industry
leadership and M&A transactional experience. He is the current including mineral exploration, resource assessment, business
Chairman of Mirasol Resources and has previously served as development, strategy and government relations, including 24

BOARD President, CEO and Director of Mayfair Gold, CEO of Dominion


Diamond Mines, Mountain Province Diamonds. Kennady
Diamonds, Norsemont Mining (acquired by Hudbay Minerals),
years with Rio Tinto, where he held various posts, including Iberia
Exploration Manager (Spain and Portugal), Exploration Director,
and Vice President and Director of Business Development. He

OF Weda Bay Minerals (acquired by Eramet S.A.), Southern Platinum


(acquired by Lonmin PLC), Messina Platinum and SouthernEra
Resources. He also previously served as a Vice President of
brings an extensive international multi-discovery track record to
Pan Global.

DIRECTORS Placer Dome Inc.

PATRICK DOWNEY BOB PARSONS

Patrick has more than 30 years of international experience in the Bob is a Chartered Professional Accountant (CPA, CA) and retired
resource industry. He is President, CEO and Director of Orezone PricewaterhouseCoopers (PwC) partner where his career spanned
Gold Corp., builder and operator of the Bomboré Mine in Burkina 34 years heading up the firm's global mining practice. As an
Faso, and previously held the positions of President, Chief independent consultant he has advised more than
Executive Officer and Director of Elgin Mining Inc., Aura Minerals 20 governments around the world on mineral policy matters and
Inc. and Viceroy Exploration Ltd. before its acquisition by Yamana has served on the board of directors of nine listed mineral
Gold Inc. in 2006. He has held numerous senior engineering exploration companies. In 2005, the PDAC presented Bob with
positions at several large-scale global gold mining operations and their Distinguished Services Award, and in 2013 the Government
has also held operating positions at several mining projects for of Canada awarded him the Queen Elizabeth II Diamond Jubilee
Anglo American Corporation in South Africa. Medal for his contribution to Canada's mining industry.

BRIAN KERZNER CORINNE SMIT

Brian has more than 35 years of experience as a successful Corinne has almost two decades of experience working in
entrepreneur in retail, real estate, and public markets. He is the managerial positions for publicly listed mining companies and in
founder and President of Rocky Mountain Chocolate Factory public accounting practice. She has extensive experience in all
Canada Inc. which operates retail stores throughout Canada. He aspects of commercial mining operations including development
was one of the early investors in and Board members of of strategy, export logistics and supply chain management,
Norsemont Mining (NOM), which was ultimately sold to Hudbay marketing/sales, budgeting and forecasting, risk management,
Minerals. He currently sits on the Boards of three exploration and hedging. She currently serves Newmont Corporation as
companies and was one of the original investors in Pan Global. Senior Director, Concentrates and Dore Sales and Marketing. Her
Brian has been broadly involved in providing seed capital for many previous roles include Director, Marketing and Logistics for
successful public and private companies in the mining and Nevada Copper, Senior Marketing Manager for Nevsun Resources,
resource sector. and Concentrate Marketing Manager for Capstone Mining Corp.
32
Suite 1150 - 355 Burrard Street
Vancouver BC, V6C 2G8, Canada
T: +1-778-372-7101
E: investors@panglobalresources.com
Pan Global Resources
Panglobalspain
PanGlobalResources
Panglobalresources

Panglobalresources

PanGlobalResources

CONTACTS
Panglobalspain

Pan Global Resources

TSXV: PGZ | OTCQX: PGZFF | FRA: 2EU


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