VANCOUVER,
BC, May 24, 2023 /CNW/ - Pan Global
Resources Inc. ("Pan Global" or the "Company") (TSXV:
PGZ) (OTCQB: PGZFF) is pleased to announce the appointment of
Corinne Smit, CPA-CA, as a Director
of the Company.
Ms. Smit has almost two decades of experience
working in managerial positions for publicly listed mining
companies and in public accounting practice. She has extensive
experience in all aspects of commercial mining operations including
development of strategy, export logistics and supply chain
management, marketing/sales, budgeting and forecasting, risk
management, and hedging.
"We are excited to have Corinne join the Board of
Pan Global. She brings a deep understanding of mining finance,
marketing and product sales gained from almost two decades of
industry experience," said Chairman Patrick
Evans. "As Pan Global advances the Escacena and Aguilas
Projects, her insight will benefit us greatly."
Ms. Smit currently serves Newmont Corporation as
Senior Director, Concentrates and Dore
Sales and Marketing. Her previous roles include Director,
Marketing and Logistics for Nevada
Copper, Senior Marketing Manager for Nevsun Resources, and
Concentrate Marketing Manager for Capstone Mining Corp. She began
her career in Audit and Assurance for PwC in Vancouver and Capital Markets in Hong Kong.
Pan Global has granted Ms. Smit 500,000 stock
options of the Company. The stock options were granted pursuant to
the Company's Omnibus Equity Incentive Compensation Plan. Each
stock option entitles the holder to purchase one common share of
the Company at a price of $0.35 per
common share for a period of five years from the date of grant. The
options will vest as follows: 250,000 after 12 months and the
remaining 250,000 after 24 months.
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.
On behalf of the Board of Directors
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.