PAN GLOBAL GRANTS INCENTIVE AWARDS

About this update from Pan Global Resources Inc.

[{"type":"text","content":"\n\n\nPAN GLOBAL GRANTS INCENTIVE AWARDS\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n\n\n\n\n\nCanada NewsWire\n\n\nTSXV: PGZ   |   OTCQB: PGZFF   |   FRA: 2EU                               \nVANCOUVER, BC, Jan. 23, 2026 /CNW/ - Pan Global Resources Inc. (\"Pan Global\" or the \"Company\") (TSXV: PGZ) (OTCQB: PGZFF) (FRA: 2EU) announces that the Company's Board of Directors has approved the grant of a total of 1,015,150 Restricted Share Units (RSUs) to three executive officers at a deemed price per RSU of $0.165 as short-term incentive compensation. The RSUs have been issued under the Company's shareholder-approved Omnibus Equity Incentive Compensation Plan (the \"Plan\").\n\n\n\n\n\n\n\nThe RSUs will vest on the one-year anniversary of the date of the grant. Under the Plan, a maximum of 5,000,000 non-option equity awards may be granted. Following the issuance of the RSUs today, an aggregate of 2,340,150 RSUs and 650,000 Deferred Share Units are outstanding under the Plan.\nAbout Pan Global Resources\nPan Global Resources Inc. is actively exploring for copper-rich mineral deposits along with gold and other metals. Copper has compelling supply-demand fundamentals and outlook for strong long-term prices as a critical metal for global electrification and energy transition. Gold is also attracting record prices.\nThe Company's flagship Escacena Project is located in the prolific Iberian Pyrite Belt in southern Spain, where a favourable permitting track record, excellent infrastructure, mining and professional expertise, and support for copper as a Strategic Raw Material by the European Commission collectively define a tier-one low-risk jurisdiction for mining investment. The Company's second project, at Cármenes in northern Spain, is also an area with a long mining history and excellent infrastructure. The Pan Global team comprises proven talent in exploration, discovery, development, and mine operations - all of which are committed to operating safely an...

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