VANCOUVER, BRITISH COLUMBIA–(Marketwired – May 23, 2017) – Pan Global Resources Inc. (“Pan Global” or the “Company”) (TSX VENTURE:PGZ) is pleased to announce the Company has entered into a Letter of Intent (LOI) with Evalam 2003 S.L. (the “Vendor”), a private Spanish company, to purchase 100% of the Vendor’s gold / copper / zinc mineral prospect in Spain, subject to a royalty as described below. The Vendor has applied for an exploration license in the provinces of Seville and Huelva, Kingdom of Spain, to conduct evaluation and mineral exploration on a mineral prospect known as the “Escacena Property”. The proposed transaction is subject to a number of conditions, including TSXV approval.