January 21, 2011
Shares Issued and Outstanding: 16,513,991
VANCOUVER, BRITISH COLUMBIA – (January 21, 2011) – Pan Global Resources Inc. (the "Company") (TSX Venture Exchange: PGZ) today announced that the Company’s management is unaware of any material change in the Company’s operations that would account for the recent increase in market activity.
Pan Global Resources Inc. is an emerging Lithium, Potash and Borate developer. The Company has been granted an option to earn an initial undivided 51% interest in exploration licenses for the Jadar West, Voljevo and Lopare mineral prospects (together the “Balkans Properties”) in Serbia and Bosnia, with further options to earn an undivided 65% or an undivided 80% interest in the exploration licenses, together with any property, title or concession rights. A definitive Option Agreement is currently being negotiated with LithiumLi Holdings Inc. The transaction is described in the Company’s July 30, 2010 news release, and further details are available on the Company’s website, www.panglobalresources.com.
FOR FURTHER INFORMATION PLEASE CONTACT:
Mr. Julian Bavin, CEO and Director Telephone: 011 56 978095217
Pan Global Resources Inc. Email: firstname.lastname@example.org