Pan Global Resources Inc. announced that approval has now been received for the renewal of 7 exploration licenses, held by Lithium Li Holdings Inc. (Lithium Li) in Serbia with a further 3 licenses expected to be approved imminently. This has resulted in the duration of these exploration licenses being extended from 1 year to a new primary term of 3 years extendable up to a total of 7 years. As reported on January 15(th) 2013 the company has entered into a Letter of Intent (LOI) with Mr. Petr Palkovsky to purchase 100% of Lithium Li, which held 15 exploration licenses in Serbia and Bosnia that had previously been subject to an option agreement with the company. The company has restarted drilling following the winter break and has now completed the drilling of 3 cored drill holes in the Lopare concession, totaling 1,316.5 metres for which assays are awaited. Drilling of 3 stratigraphic holes on the Lopare license in Bosnia has now been completed. Hole LOP-001 was terminated at 600.4m depth after coring two distinct zones of evaporitic mineralization with the upper zone containing extensive areas of searlesite mineralization (a borosilicatemineral). Drill hole LOP-002 was terminated at 264.4m after intersecting mostly broken, faulted, moderately to steeply dipping clastic sediments with no indication of evaporates, and LOP-003 was completed at a depth of 451.7m and intersected a lower sequence Of disseminated and stockwork sulfate mineralization mostly in the form of gypsum from 276m to 354m.

Pan Global Resources Inc., Special/Extraordinary Shareholders Meeting, Apr 02, 2013.

Pan Global Resources Inc. announced that its Balkan exploration partner Lithium Li Holdings Inc. has completed its' 9th hole in the Valjevo basin which has extended the identification of evidence of borate mineralization over an area of some 16 km2. Of the 9 holes drilled in the basin by Lithium Li, 5 have directly intersected borate mineralization over an area of some 6 km2, and three others have intersected pseudomorphs of pre-existing borate mineralization. In addition, assay results have been returned from Holes VBN-005 and VBN-008. VBN-008 contained a minimum 8m of 12.3% B2O3 including 3m of 15.1% B2O3 as probertite (additional mineralized zone assays pending) while VBN-005 contained 13.4m of 6.4% B2O3 including 3m of 8.7% B2O3 as probertite demonstrating the continuity of significant mineralization. In other work, surface exploration including ground gravity surveys, geochemical sampling and geological mapping has now been completed on all 15 licenses in the portfolio, and subsequent prioritization has led to the identification of 7 high priority licenses, and the downgrading of a total of 5 licenses that have been dropped or will be returned to the Ministry of Mining. The company has continued its stratigraphic drilling program in the Valjevo license. A further five holes (VBN-005 through VBN-009) have now been completed which have extended the evidence of borate mineralization over an area of approx. 16 km2 and directly intersected borate mineralization over an area of approx. 6 km2. VBN-005, located 1.1km northwest of VBN-004, was terminated at 352m in coarse clastic sediments, below the mineralized section. Borate mineralization in the form of probertite was intersected over 13.4m between 297.7 - 311.1m as irregular veins, patches and layers within a 55m thick package of preserved mineralization plus pseudomorphs after borates between 270 and 325m. Assays for the mineralized zone in VBN- 005 returned an average of 13.4m at 6.4% B2O3 with a best 3m interval of 8.7% B2O3. VBN-006, located approx. 3km east of VBN-003, was terminated at a bottom depth of 369.5m in basement limestone. The hole tested the continuity of stratigraphy eastward over the gravity high that separates the Valjevo basin from the greater Ljig basin. The hole contained 8.7m of pseudomorphs after probertite from 292.6 to 301.3m as irregular patches and vugs but no preserved borate mineralization. VBN-007, located approx. 3.3km WSW of VBN-005 was terminated at a bottom depth of 507m in laminated to thin bedded marl and claystone after coring a thick section of coarse clastic sediments. The hole did not intersect borate mineralization, although a 20m thick zone from 272 to 292m contained evidence of calcite pseudomorphs, possibly after borate mineralization which is tentatively correlated to mineralization intersected in drill holes to the east. VBN-008, located 1.1km NNE of VBN-004 was terminated at 414.5m in coarse clastic sediments. Borate mineralization in the form of probertite was intersected over 16.3m from 270.5 to 286.8m as veins, lenses and patches in claystone and marl host rock, within a 39m thick package of preserved mineralization plus pseudomorphs after borates from 247.7 to 286.8m. Partial assays for the best mineralized zone in VBN-008 returned a minimum of 8m of 12.3% B2O3 with a best 3m interval of 15.1% B2O3 as probertite. VBN-009, located 1.5 km NNW of VBN-008 was terminated at 430m in coarse clastic sediments. Calcite pseudomorphs after probertite mineralization were noted from 299.5 - 302.8m depths. Assays are awaited for Hole VBN-9.