Toronto, Ontario--(Newsfile Corp. - October 24, 2016) - Pancontinental Gold Corporation (TSXV: PUC) ("Pancon Gold" or the
"Company") is pleased to announce that the TSX Venture Exchange ("TSXV") has approved the graduation of Pancon Gold to the TSXV.
Effective at market open on Monday, October 24, 2016 trading of Pancon Gold's common shares will commence on the TSXV under the
trading symbol "PUC".
About Pancontinental Gold Corporation
Pancontinental Gold Corporation is a Canadian-based mining company focused on the exploration and development of the Jefferson
Gold Project in South Carolina and on acquiring additional prospective gold properties. The Company's shares are listed on the TSX
Venture Exchange, trading under the symbol PUC. In 2015, Pancon sold its interest in its Australian rare earth element (REE) and
uranium properties, formerly held through a joint venture, and retains a 1% gross overriding royalty on 100% of future
production.
ON BEHALF OF THE BOARD OF DIRECTORS
Rick Mark
President & CEO
For further information, please contact:
Rick Mark
President and CEO
1-416-293-8437 or info@panconu.com
For additional information, please visit our website at www.PanconU.com.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture
Exchange) accepts responsibility for the adequacy or accuracy of this release.
Cautionary Language and Forward Looking Statements
This news release contains forward-looking information which is not comprised of historical facts. Forward-looking information
is characterized by words such as "plan", "expect", "project", "intend", "believe", "anticipate", "estimate" and other similar
words, or statements that certain events or conditions "may" or "will" occur. Forward-looking information involves risks,
uncertainties and other factors that could cause actual events, results, and opportunities to differ materially from those
expressed or implied by such forward-looking information. Factors that could cause actual results to differ materially from such
forward-looking information include, but are not limited to, changes in the state of equity and debt markets, fluctuations in
commodity prices, delays in obtaining required regulatory or governmental approvals, and other risks involved in the mineral
exploration and development industry, including those risks set out in the Company's management's discussion and analysis as filed
under the Company's profile at www.sedar.com. Forward-looking information in this news release
is based on the opinions and assumptions of management considered reasonable as of the date hereof, including that all necessary
governmental and regulatory approvals will be received as and when expected. Although the Company believes that the assumptions and
factors used in preparing the forward-looking information in this news release are reasonable, undue reliance should not be placed
on such information. The Company disclaims any intention or obligation to update or revise any forward-looking information, other
than as required by applicable securities laws.