NOT FOR DISSEMINATION INTO THE USA

Pancontinental Uranium Corporation (TSX VENTURE:PUC) ("Pancon" or the "Company")
announces that it has granted 3,500,000 options to purchase common shares of the
Company exercisable at a price of $0.05 per share for a period of five years.
The common shares issuable upon exercise of the options are subject to a four
month hold period from the original date of grant. The options replace the
3,150,000 options that expired on June 3, 2014.


About Pancontinental Uranium Corporation

Pancontinental Uranium Corporation ("Pancon") is a Canadian-based company
focused on rare earth elements (REE) and uranium discovery and development.
Through a joint venture with Crossland Strategic Metals Limited ("Crossland") of
Australia, the combined management and operating team has unparalleled
experience from exploration, through development to operations, and includes
people who were instrumental in the discovery of two of the largest uranium
deposits in the world. Pancon and Crossland hold an impressive REE and uranium
exploration portfolio with projects in prolific, mining friendly districts.
Pancon has a 44.37% participating interest in the Australian project portfolio. 


Exploration is ongoing or has occurred at three Australian projects, known as
Charley Creek, Chilling, and Kalabity. Charley Creek has the potential for large
alluvial REE deposits, and large, lower-grade, Rossing-type, granite-hosted
uranium deposits. The Chilling project has the potential to host a mirror image
of a portion of the renowned Alligator Rivers Uranium Field containing the large
Jabiluka, Ranger and Koongarra deposits The Kalabity project is in a district of
historic uranium/radium mining that contains a variety of known uranium deposit
styles.


ON BEHALF OF THE BOARD OF DIRECTORS

Rick Mark, President & CEO

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. 


Cautionary Language and Forward Looking Statements 

This press release may contain "forward-looking statements", which are subject
to various risks and uncertainties that could cause actual results and future
events to differ materially from those expressed or implied by such statements.
Investors are cautioned that such statements are not guarantees of future
performance and results. Risks and uncertainties about the Company's business
are more fully discussed in the Company's disclosure documents filed from time
to time with the Canadian securities authorities. 


FOR FURTHER INFORMATION PLEASE CONTACT: 
Pancontinental Uranium Corporation
Rick Mark
President and CEO
604-986-2020 or 1-866-816-0118
www.PanconU.com

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