April 18, 2011
Shares Issued and Outstanding: 17,763,991
VANCOUVER, BRITISH COLUMBIA – (April 18, 2011) – Pan Global Resources Inc. (“Pan Global” or the "Company") (TSX Venture Exchange: PGZ) today announced the appointment of Mr. Patrick Evans to the Board of Directors of the Company.
Mr. Evans is President, CEO and a Director of Mountain Province Diamonds Inc. and a director of Anvil Mining Limited. Mr. Evans has held a number of senior mining executive positions, including CEO and a Director of Norsemont Mining Inc. (acquired by HudBay Minerals), President and CEO of Weda Bay Minerals Inc. (acquired by Eramet S.A.), President and CEO of Southern Platinum Corp. and Messina Limited (acquired by Lonmin Plc), President and CEO of SouthernEra Diamonds Inc., Director or First Uranium Corp. and Vice President of Placer Dome Inc.
“I am delighted that Patrick has agreed to join our board. Patrick’s exceptional track record of success and wide experience managing complex multinational mining companies brings to Pan Global a high level of leadership with extensive global experience” commented Pan Global Director Brian Kerzner.
The Company further announces the grant, subject to TSX Venture Exchange approval, as applicable, of 525,000 stock options to directors and officers of the Company, exercisable at a price of $1.03 per share, for a period expiring on April 15, 2016.
About Pan Global
Pan Global Resources Inc. is an emerging Lithium, Potash and Borate developer. Through early stage exploration of high quality targets in the Miocene sedimentary basins of the Balkans region, the company expects to become a producer of Lithium and/or Borates. Global demand for lithium is expected to increase rapidly as lithium-based automobile batteries become an important alternative source of energy.
FOR FURTHER INFORMATION PLEASE CONTACT:
Mr. Julian Bavin, CEO and Director Telephone: 011 56 978095217
Pan Global Resources Inc. Email: email@example.com