Vancouver - Pan Global Resources Inc. (TSXV: PGZ) (OTC Pink: PGNRF) ('Pan Global' or the 'Company') is pleased to announce new drill results and the expansion of the La Romana target area ('La Romana') at the Escacena Project in the Iberian Pyrite Belt, southern Spain.

Exploration is also in progress on new targets in the surrounding area with drilling also ongoing at the La Jarosa target ('La Jarosa'), located approx. 4km northeast of La Romana.

Tim Moody, Pan Global President and CEO states: 'The latest results further confirm the copper mineralization at La Romana remains wide open to the west from near surface and also down dip. Results for drill hole LRD114 included an excellent high-grade intersection which highlights the potential for additional high grade in the east. We are mobilizing a second drill rig to recommence drilling at La Romana where we have a further twenty drill holes planned.'

Mr. Moody added: 'An extensive exploration program is also in progress on multiple new targets at Escacena, with results pending for the recently completed high resolution heliborne electromagnetic and magnetic survey. A ground Induced Polarity ('IP') survey is also about to commence. Three follow-up drill holes have been completed at La Jarosa with results awaited to help vector to additional copper mineralization.'

About Pan Global Resources

Pan Global Resources Inc. is actively engaged in base and precious metal exploration in southern Spain and is pursuing opportunities from exploration through to mine development. The Company is committed to operating safely and with respect to the communities and environment where we operate.

Contact:

Tel: +44 7766 253145

Email: tmoody@panglobalresources.com

Statements which are not purely historical are forward-looking statements, including any statements regarding beliefs, plans, expectations or intentions regarding the future. It is important to note that actual outcomes and the Company's actual results could differ materially from those in such forward-looking statements. The Company believes that the expectations reflected in the forward-looking information included in this news release are reasonable but no assurance can be given that these expectations will prove to be correct and such forward-looking information should not be unduly relied upon. Risks and uncertainties include, but are not limited to, economic, competitive, governmental, environmental and technological factors that may affect the Company's operations, markets, products and prices. Readers should refer to the risk disclosures outlined in the Company's Management Discussion and Analysis of its audited financial statements filed with the British Columbia Securities Commission.

The forward-looking information contained in this news release is based on information available to the Company as of the date of this news release. Except as required under applicable securities legislation, the Company does not intend, and does not assume any obligation, to update this forward-looking information.

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