Paul Gorman Appointed Interim Chief Executive Officer and Director

CALGARY, Alberta, Sept. 26, 2024 (GLOBE NEWSWIRE) -- Pan American Energy Corp. (CSE: PNRG | OTCQB: PAANF | FRA: SS60) (“Pan American” or the “Company”), an exploration stage company engaged principally in the acquisition, exploration and development of mineral properties containing battery metals in North America, announces that Mr. Jason Latkowcer has resigned as Chief Executive Officer and Director of the Company in order to pursue other interests. Mr. Latkowcer will continue to support the Company through an advisory role.

Mr. Paul Gorman, a seasoned executive, will assume the role of Interim CEO. Mr. Gorman is a resource sector-focused corporate specialist with over 25 years of experience in junior mining finance, public listings, viability assessment, and the operational rationalization of several emerging-growth public companies. For 18 years, he served as President and Managing Partner of Riverbank Capital, working with small-cap companies to assist in financing, property, and profile development. Paul was instrumental in raising over $85 million of capital, and in developing plans for ongoing sustainable business growth. He was instrumental in revitalizing the junior graphite space in North America in 2008 by funding Industrial Minerals Inc, which became Northern Graphite and assisting four other graphite companies in an advisory role. Paul founded Mega Graphite Inc. in 2009 and has served as chief executive for three other companies. He is currently the Chief Executive Officer of Reflex Advanced Materials Corp and the Interim Chief Executive Officer of Traction Uranium Corp.

Sean Kingsley, Director of the Company, comments, “On behalf of the Board of Directors, shareholders, and the entire management team, we extend our sincere gratitude to Jason for his exemplary leadership and tireless dedication to Pan American Energy. Under his guidance, the Company achieved significant milestones, including multiple successful financings, strategic project acquisitions, and the spin-out of Legacy Lithium, which led to a subsequent asset sale. Jason was also instrumental in establishing key partnerships, and fostering strong collaborations with industry partners, enabling the Company to secure several non-dilutive grant funding opportunities. His contributions to resource exploration and development, including the ongoing mineral resource estimate and metallurgical testing in Ontario, have positioned the Company for continued success. We wish Jason the very best in his future endeavors.”