Company - Pan American Energy

COMPANY

About the Company

Pan American Energy Corp. (CSE: PNRG | OTCQB: PAANF | FSE: SS6) is focused on the acquisition, exploration, and development of land holdings prospective for critical minerals and rare earth elements, including cesium, tantalum, niobium, phosphorus and lithium—resources for North America’s efforts to secure domestic supply chains essential to industrial growth and national security.

Highlights

Projects located in top mining jurisdictions

Tharsis targets critical minerals like rare earth elements, niobium, and phosphorus—essential resources for North America’s efforts to secure supply chains
A fully planned 2,000-meter drill program will target the most promising zones, advancing the project toward defining a resource and future development
Domestic sources of rare earth and critical minerals are a national priority (CHIP Act, Defense Production Act, Mineral Security Partnership, Inflation Reduction Act, Critical Minerals Strategy, etc.).
The Big Mack Project 2024 Drill Program intersected 20+ meter intercepts intervals with high-grade lithium and cesium mineralization open at depth
Discovery of an emerging cesium trend strengthens the Project’s profile as a high-potential LCT (lithium-cesium-tantalum) system

Rare Earth Elements Market

Rare Earth Market Analysis

Rare earth elements are essential to more than 200 products, including smartphones, electric vehicles, wind turbines, and advanced defense systems such as missile guidance and radar.

Source: Research Nester, Statista, Source: Mining Technology

China’s Stranglehold on Rare Earths Sparks Global Diversification Push

China currently dominates global rare earth production, accounting for over 69% of supply and processing nearly 90% of the world’s rare earth elements.
According to the International Energy Agency, China’s control over critical mineral processing poses major risks to global energy and economic security, particularly due to potential supply disruptions.
The United States has set a goal to establish a complete domestic rare earth supply chain by 2027, including mining, processing, and manufacturing, to strengthen national security and technological independence.
Canada has opened its first commercial rare earth refinery, taking a major step toward diversifying supply sources and reducing reliance on Chinese processing capabilities.
Under the U.S. Defense Production Act, Australia, Canada, and the UK are now considered domestic sources for critical minerals, enabling collaborative funding and strategic partnerships to build resilient supply chains.

In April 2025, China imposed export restrictions on seven rare earth elements and related magnets, requiring special licenses and intensifying supply chain risks globally.

Source: Center for Strategic & International Studies, Mining Technology, Reuters, Institute for Energy Research

Management Team

Adrian Lamoureux

Chief Executive Officer & Director

Mr. Lamoureux served as the CEO of Patriot Battery Metals (TSX: PMET), where he successfully led strategic initiatives in the exploration and extraction of critical minerals, contributing significantly to the

company’s growth and market positioning. He has held prominent roles such as Chief Executive Officer, President, Director, Corporate Development, and Investor Relations across various firms. His leadership at Patriot Battery Metals underscored his expertise in navigating the complexities of mineral exploration and development, aligning operational strategies with investor expectations, and fostering sustainable growth in competitive markets.

READ BIO HIDE BIO

Sean Kingsley

Director

A mining investor & entrepreneur with over 14 years’ experience specializing in corporate development, corporate strategy, strategic marketing, investor relations, advising & raising capital. He is the CEO &

Director of Prophecy Potash, CEO & President of private companies Cardium Energy & Mango Research and Management, Strategic Advisor to Stuhini Exploration, and Independent Director to Pontus Protein. He served as Chair of the Association for Mineral Exploration BC’s (AME) Communications & Marketing committee from 2014-2018, remains as a committee member. He sits on the Executive & Advisory Council for the Centre of Training Excellence in Mining (CTEM).

READ BIO HIDE BIO

Paul More

Chief Financial Officer

Paul More, CPA, CA is a finance and accounting professional with over 10 years of combined experience in both public and private sectors. Prior to joining the Company, Mr. More provided CFO consulting and

accounting services to clients in the health, pharmaceutical, technology, mining and real estate sectors. Mr. More obtained his Chartered Professional Accountant designation in 2011 and holds a Bachelor of Commerce with a double major in Accounting and Finance from the University of Northern British Columbia.

READ BIO HIDE BIO

Tasheel Jeerh

Director

Mr. Jeerh, CPA, CA is a finance and accounting professional bringing over 10 years of accounting expertise and management experience to the team. Mr. Jeerh has experience in both public and private sectors,

over a broad range of industries, including energy, mining, exploration and technology. Prior to joining the Company, Mr. Jeerh played a pivotal role in the growth of a private upstream oil and gas company, dealing with over $2.0 billion of M&A activity and $1.0 billion of financing activities. Mr.Jeerh received his designation at PricewaterhouseCoopers LLP, where he gained valuable audit experience through his work as a manager in the assurance practice.

READ BIO HIDE BIO

Advisory Board

Brad Nichol

For over 25 years, Mr. Nichol has served as both senior executive and director of numerous public and private enterprises across the finance and resource sectors worldwide. He was the driving force behind Alpha

Lithium, whose shareholders accepted a $313 million all-cash offer just over three years after acquiring their flagship asset and appointing Mr. Nichol CEO. After taking over the grassroots, early-stage exploration project with a $20 million market cap, Nichol raised over $100 million in equity, developed a significant resource, and delivered significant value to Alpha’s shareholders in very short order. He has led successive organizations through multiple rounds of private and public financing initiated and executed dual listings in North America and Europe, established key international and domestic financial relations, overseen a myriad of executive management and technical roles, and closed several accretive asset acquisitions and financings in multiple jurisdictions. He previously served at Schlumberger (now “SLB”) in various technical, managerial, marketing and sales roles in North America, South America and Europe. Mr. Nichol earned his MBA at the London Business School (Distinction 2003) and holds a BSc. in Mechanical Engineering from the University of Alberta (1992) and has been a registered Professional Engineer since 1994.

READ BIO HIDE BIO

Foster Wilson

Mr. Wilson is a geologist with over 30 years of experience. Mr. Wilson has significant experience in the generation and development of lithium claystone and brine exploration projects. Previously, he held

Corporate Development and Exploration Manager roles for Placer Dome, Echo Bay, and American Bonanza Gold as well as President of Mesa Exploration and co-founder of Nevada Copper (TSX:NCU). Mr. Wilson serves as a director of TSX Venture Exchange listed Alpha Lithium Corp. (TSX.V:ALLI) and Atomic Minerals Corp. (TSX.V:ATOM).

READ BIO HIDE BIO

Dr. Jared Suchan, Ph.D., P.Geo.

Dr. Suchan is a professional geoscientist with nearly 10 years of experience in the exploration and development of mining projects in Canada. He received his Ph.D. in Environmental Systems Engineering

in 2023 and his Honours B.Sc. in Geography and B.Sc. in Geology in 2016 from the University of Regina. His expertise is in the development and execution of early-stage mineral exploration programs in the remote regions of Canada. His previous experience includes coal mining operations and uranium exploration in Saskatchewan, rare earth element and diamond exploration in the Northwest Territories, and gold exploration in the Yukon. Dr. Suchan currently serves as the V.P. Exploration for Carmelo Capital Corp., as the Chief Operating Officer for the rare earth element exploration company Northern Critical Minerals Corp., and as a Managing Partner with the mineral exploration project generator company Voyageur Exploration Ltd.

READ BIO HIDE BIO

Emilio Bunel

Mr. Bunel received his M.S. in Chemical Engineering in 1980 from the University of Chile and his Ph.D. in chemistry from the California Institute of Technology in 1988. He began his professional career at

DuPont Central Research where he spent 12 years working on catalysis. From 2001 to 2008 he worked in the pharmaceutical industry. After spending twenty years in industry, Mr. Bunel was named director of the Chemical Sciences and Engineering Division at U.S. Department of Energy’s Argonne National Laboratory in October 2008, where he was responsible for directing a science-based research, development, and early-stage engineering organization. In November 2017, he was named VP of Innovation at Sociedad Química y Minera (“SQM”), one of the largest lithium producers in the world. After serving with SQM, he joined the Catholic University of Chile as a professor with a joint appointment between the School of Chemistry and Pharmacy and the School of Engineering. His research interests are in the areas of new materials for energy storage and sustainable technologies to produce lithium raw materials.

READ BIO HIDE BIO