Mr. Jason Latkowcer reports

PAN AMERICAN ANNOUNCES FURTHER EXTENSION OF MARKETING CAMPAIGN

Pan American Energy Corp., further to its news release on Dec. 29, 2023, has further extended its engagement of i2i Marketing Group LLC (e-mail: contact@i2illc.com; address: 1233 Chesapeake Dr., Odessa, Fla., 33556; phone: 312-725-3843) for the provision of investor relations services for an anticipated period of 45 days commencing on or about March 11, 2024, provided that the term of the marketing services may be extended or shortened at the discretion of management.

i2i will create an advertising campaign and utilize its physical marketing program strategy with the aim of increasing investor awareness through various on-line platforms and methods of engagement, including the direct mailing of advertising materials to potentially interested parties.

The company will pay a fee of $848,116.71 (U.S.) for the services. The company will not issue any securities to i2i as compensation for its marketing services. As of the date hereof, to the company's knowledge, i2i (including its directors and officers) does not own any securities of the company and is arm's-length with the company.

The company is also pleased to announce that it has engaged Rumble Strip Media Inc. (e-mail: info@rumblestrip.ca; address: Unit 893, 250, 997 Seymour St., Vancouver, B.C.) for the provision of consulting services for an anticipated period of three months commencing on or about March 11, 2024, provided that the term of the marketing services may be extended or shortened at the discretion of management. Rumble Strip will create content, ad-creation, media planning and social media news dissemination. The company will pay a fee of $100,000 (U.S.) for the services. The company will not issue any securities to Rumble Strip as compensation for its marketing services. As of the date hereof, to the company's knowledge, Rumble Strip (including its directors and officers) does not own any securities of the company and is arm's-length with the company.

About Pan American Energy Corp.

Pan American Energy is an exploration-stage company engaged principally in the acquisition, exploration and development of mineral properties containing battery metals in North America.

The company executed an option agreement in Canada with Magabra Resources, providing for the right to acquire an up-to-90-per-cent interest in the drill-ready Big Mack lithium project, 80 kilometres north of Kenora, Ont. The company has also entered a property option agreement with Horizon Lithium LLC, providing for the right to acquire a 100-per-cent interest in the Horizon lithium project, located within Esmeralda county, Tonopah lithium belt, Nevada, United States.

We seek Safe Harbor.