PAN GLOBAL APPOINTS ROGER DAVEY TO BOARD OF DIRECTORS

Rhea-AI Summary

Pan Global Resources (OTCQB:PGZFF) has appointed experienced mining executive Roger Davey to its Board of Directors. Davey brings significant operational and financial expertise, having served as Chairman of Atalaya Mining for 10 years and spending 13 years with N M Rothschild in Resource Banking.

Davey's extensive experience includes managing mining operations in Africa and South America, notably as General Manager of Cerro Vanguardia. He currently serves as an independent director for Central Asia Metals and Tharisa plc. The company has granted Davey 500,000 stock options at $0.13 per share, vesting over two years.

At the company's AGM, shareholders re-elected all existing board members and re-approved the Long Term Equity Incentive Plan and Shareholder Rights Plan.

Positive

• Addition of highly experienced mining executive Roger Davey to the Board
• Davey brings valuable operational expertise in mine development from exploration to production
• Strong validation of company's projects through Davey's endorsement of Escacena and Cármenes properties

Negative

• None.

News Market Reaction

+3.40%

1 alert

+3.40% News Effect

On the day this news was published, PGZFF gained 3.40%, reflecting a moderate positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

TSXV: PGZ   |   OTCQB: PGZFF   |   FRA: 2EU

Roger Davey served as Chairman, Atalaya Mining, for a decade supporting the refurbishment, commissioning, and re-start of mining operations at the Riotinto Mine in Spain

VANCOUVER, BC, Sept. 17, 2025 /PRNewswire/ - Pan Global Resources Inc. ("Pan Global" or the "Company") (TSXV: PGZ) (OTCQB: PGZFF) (FRA: 2EU) is pleased to announce the appointment of UK-based mining executive Roger Davey to the Company's Board of Directors (the "Board").

"Mr. Davey's appointment brings deep operational, financial and governance experience to Pan Global's Board as the flagship Escacena project advances to engineering studies," said Patrick Evans, Pan Global's Chairman.

Roger Davey served on the Atalaya Mining Board for 14 years, with the last 10 as Chairman. Prior to that he was with N M Rothschild in Resource Banking for 13 years with responsibility for the technical aspects of all project finance facilities. His operating experience includes eight years in Africa and seven years in South America, including three years in Argentina as a director of the AngloGold subsidiary and General Manager of Cerro Vanguardia in Patagonia, taking the gold/silver project from late-stage drilling, through feasibility and financing, to construction and commissioning. Mr. Davey currently serves as an independent director of Central Asia Metals, a copper producer in Kazakhstan and zinc/lead producer in North Macedonia, and Tharisa plc with an operating chrome/platinum mine in South Africa and a development PGM project in Zimbabwe. 

"I am pleased to have the opportunity to support the Pan Global team who have established an excellent reputation as one of the leading exploration companies in Spain. My visits to the Escacena and Cármenes projects confirmed that they are managed to a high standard, with strong support from all key stakeholders," said Mr. Davey.

"At Escacena, the discoveries at the La Romana and Cañada Honda targets confirm the project's prospectivity and provide encouragement that further discoveries can be made at the numerous targets currently being drill tested. I was also excited to see Spain's first gold discovery in decades at Cármenes, where initial drill results have returned high gold grades over wide intercepts close to surface near high-grade copper-cobalt-nickel mineralization at the past-producing Providencia mine," Mr. Davey added.

Pan Global has granted Mr. Davey 500,000 stock options of the Company under 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 $0.13 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.

Mr. Davey joins Tim Moody, Patrick Evans, Patrick Downey, Corinne Smit, Bob Parsons and Brian Kerzner, all of whom were re-elected to the Board at the Company's annual general meeting ("AGM") held on September 16, 2025. At the AGM, shareholders also re-approved the Company's Long Term Equity Incentive Plan and Shareholder Rights Plan.

About Pan Global Resources

Pan 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.

The 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 and with utmost respect for the environment and our partnered communities. The Company is a member, and operates under the principles, of the United Nations Global Compact.

To learn more about Pan Global Resources, please visit the Company's Curation Connect showcase and explore AI-generated responses to your enquiries at https://app.curationconnect.com/company/Pan-Global-Resources-44037?utm_source=pg_mediareleases

www.panglobalresources.com

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SOURCE Pan Global Resources Inc.

FAQ

Who is Roger Davey and why did Pan Global Resources (PGZFF) appoint him to the Board?

Roger Davey is an experienced mining executive who served as Chairman of Atalaya Mining for 10 years. He was appointed for his deep operational, financial, and governance experience as Pan Global's Escacena project advances to engineering studies.

What stock options did Pan Global Resources (PGZFF) grant to Roger Davey?

Pan Global granted Davey 500,000 stock options at $0.13 per share, exercisable for five years. The options vest in two tranches: 250,000 after 12 months and 250,000 after 24 months.

What was approved at Pan Global Resources' (PGZFF) 2025 AGM?

At the September 16, 2025 AGM, shareholders re-elected all board members, including Tim Moody, Patrick Evans, Patrick Downey, Corinne Smit, Bob Parsons, and Brian Kerzner. They also re-approved the Long Term Equity Incentive Plan and Shareholder Rights Plan.

What is Roger Davey's current role besides Pan Global Resources?

Roger Davey currently serves as an independent director of Central Asia Metals, a copper producer in Kazakhstan and zinc/lead producer in North Macedonia, and Tharisa plc, which operates a chrome/platinum mine in South Africa and a PGM project in Zimbabwe.