CALGARY, Canada (June 5, 2024)— TheNewswire – Pambili Natural Resources Corporation ("Pambili" or the “Company”) (TSX-V: PNN) announces today that as part of its ongoing strategy to raise the profile of Pambili and its Golden Valley project to investors, the Company has entered into an agreement (the “Agreement”) with Mr. Emil Bagge, an investor relations consultant, to provide marketing and investor relations services to enhance visibility, effective immediately. The term of the Agreement is for an initial six months (the “Term”) and the Company may elect to extend the Term on a month-to-month basis or as required.

Under the Agreement, Mr. Bagge will provide investor and public relations services to the Company including coordinating external marketing campaigns, maintaining social media programs, arranging virtual road shows, and assisting with private placement funding. Mr. Bagge participated in the recently announced $105,000 Non-brokered Private Placement (“NBPP”) and was also a Finder of subscribers to the NBPP.

By way of compensation, the Company will grant Mr. Bagge 50,000 incentive stock options exercisable for five years at an exercise price per share that is the greater of: (a) $0.10 and (b) the “Discounted Market Price” as such term is defined in the policies of the TSX Venture Exchange (“TSXV”). The Options will vest over 12 months and Mr. Bagge has agreed to comply with all applicable securities laws and the policies of the TSXV.

The Agreement is subject to TSXV approval this disclosure is made in accordance with TSXV Policy 3.4 – Investor Relations, Promotional and Market-Making Activities.

“Having previously worked with Emil for another listed Company, and more recently on the NBPP, I have no doubt that he will enhance Pambili’s visibility with the institutional and retail investment community, particularly in Europe,” said Jon Harris, Pambili’s CEO. “Emil shares our belief in the potential of Zimbabwe’s gold resources. With his help, we look forward to being able to share that belief with the wider investment community.”

”I am looking forward to working with Pambili to ensure they get the attention they deserve, as I strongly believe they are on the cusp of success.” said Mr. Bagge.

About Pambili Natural Resources Corporation: Pambili Natural Resources Corporation is a natural resources exploration and development company (www.pambilinrc.com) currently active in Zimbabwe and in the province of Alberta.

For further information, contact:

Pambili Natural Resources Corporation

Jon Harris (CEO)

T: 403 277 4421

E: jon.harris@pambilinrc.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.

 

Caution Regarding Forward-Looking Information Forward-looking statements - Certain information set forth in this news release may contain forward-looking statements that involve substantial known and unknown risks and uncertainties. Forward-looking statements are often, but not always, identified by words such as “believes”, “may”, “likely”, “plans”, or similar words. Forward- looking statements included in this news release include statements with respect to activities in Zimbabwe. These forward-looking statements are subject to numerous risks and uncertainties, certain of which are beyond the control of the Corporation, including, but not limited to the impact of general economic conditions, industry conditions, currency fluctuations, and dependence upon regulatory approvals. The Corporation does not assume any obligation to update the forward-looking statements to reflect changes in assumptions or circumstances other than as required by applicable law.

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