#Canada #Vancouver #Pan Global #Escacena Project #Roger Davey

Pan Global Resources Welcomes Roger Davey

Pan Global Resources Inc., also known as Pan Global, has recently announced the appointment of Roger Davey as an independent member of its board of directors. This significant move comes as the company prepares to advance its flagship Escacena project into the technical study phase.

Background of Roger Davey

Roger Davey brings extensive experience in the mining industry to Pan Global. Previously, he served as chairman of Atalaya Mining for a decade, where he played a pivotal role in the recovery and operational commencement of the Riotinto mine in Spain. His background also includes 13 years at N.M. Rothschild, focusing on resource banking and overseeing technical aspects of project financing.

Beyond his office experience, Roger has spent eight years working in Africa and seven in South America. Notably, he served as the director for AngloGold’s subsidiary and as the general manager of Cerro Vanguardia in Argentina, guiding several key projects through various stages from exploration to production.

Currently, he serves as an independent director for Central Asia Metals, a notable copper producer based in Kazakhstan, and Tharisa plc, which operates a chromite and platinum mine in South Africa.

Strategic Implications of the Appointment

The inclusion of Roger Davey on the board is seen as a strategic advantage for Pan Global as it looks to leverage his expertise in operations and corporate governance. Patrick Evans, the chairman of Pan Global, expressed confidence that Davey's appointment will enhance the board's oversight capabilities while managing the company's growth during this pivotal time.

In his own words, Davey expressed enthusiasm about joining Pan Global, citing the company’s strong reputation as a leading exploration firm in Spain. His recent visits to the projects in Escacena and Cármenes confirmed his belief in the efficient management and strong backing from all stakeholders involved.

Davey highlighted positive developments in Escacena, including significant discoveries at La Romana and Cañada Honda, which indicate the high potential of the project. Furthermore, he spoke enthusiastically about Spain's first gold discovery in decades at Cármenes, where initial drill results showcased impressive gold grades alongside high-grade copper-cobalt-nickel mineralization.

Incentives and Share Options

To align Davey’s interests with those of the company, Pan Global has granted him 500,000 stock options under its omnibus stock option plan. Each option allows the purchase of a common share at a price of $0.13 per share within the next five years, structured to vest in two tranches over 12 and 24 months.

Davey's appointment comes alongside the re-election of other board members during the recent annual general meeting held on September 16, 2025. Shareholders also renewed their support for the company's long-term equity incentive plan and shareholder rights plan, reinforcing their commitment to maintaining strong corporate governance and aligning with shareholder interests.

A Look into Pan Global Resources

Pan Global Resources is actively exploring copper and other metal resources, including gold, within the Iberian Peninsula's Pyrite Belt in southern Spain. This region is recognized for its robust infrastructure, excellent permitting track record, and a supportive framework for mining investments. The company has positioned itself to benefit from the positive long-term outlook for copper, essential for global electrification processes.

Despite challenges in the commodities market, gold continues to achieve record prices. Pan Global's team is composed of seasoned professionals dedicated to safe operations while maintaining high environmental standards and respecting local communities.

Furthermore, Pan Global is committed to sustainability, as evidenced by its participation in the United Nations Global Compact, which guides its operations in adherence to socially responsible business practices.

For those interested in learning more about Pan Global Resources, detailed company presentations and further information can be found on their website: Pan Global Resources.