Mr. Paul Gorman reports

PAN AMERICAN ENERGY ANNOUNCES BOARD AND MANAGEMENT CHANGES

Adrian Lamoureux has assumed the role of chief executive officer of Pan American Energy Corp. and will also serve as a board member. Mr. Lamoureux brings over 15 years of business experience in the capital markets, specializing in the start-up, development, operation and financing of early-stage companies. He has particular focus in the mineral exploration and development sector. Mr. Lamoureux has served in a variety of capacities, including as CEO, president and director, corporate development and investor relations.

Paul Gorman has resigned as interim CEO of the company in order to pursue other interests. Mr. Gorman is thanked for his service as interim CEO and will remain as a board member of the company.

"On behalf of the board, I am pleased to welcome Adrian Lamoureux as the new chief executive officer of Pan American Energy. Mr. Lamoureux brings a wealth of experience and leadership that will be instrumental in guiding the company through its next phase of growth. We are confident that Mr. Lamoureux will build on our strong foundation and drive continued success," said Mr. Gorman.

"I am honoured to join Pan American Energy as CEO at such a pivotal time for the company and the industry. Pan American Energy has built a strong reputation for operational excellence, innovation and responsible resource development, and I am excited to lead this next chapter of growth," stated Mr. Lamoureux. "I look forward to working alongside our talented team, valued partners and stakeholders to drive sustainable progress and create lasting value."

The company would also like to announce the resignation of Nicky Grant from the board of directors and would like to thank her for her service.

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.

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