COMPANY PROFILE

“Expanding the boundaries of the lithium supply chain in North America”

Brief description of the company

· Pan American Energy Corp. (CSE: PNRG | OTC: PAANF | FSE: SS6) is a North American mining exploration company engaged in the business of expanding the boundaries of the lithium supply chain through the acquisition, exploration, and development of mineral properties. The company has a diversified asset base in the USA and Canada including claystone lithium (Nevada), lithium brine (Utah), and hard rock lithium (Ontario).

· The Company's flagship property is the Horizon Lithium Project located in the booming Esmeralda lithium district near Tonopah, Nevada. The Company is fully permitted to drill up to 22 drill holes at a max depth of 1,000 ft, beginning February 2023 at the Horizon Lithium Project. At 7,015 hectares or 17,334 acres, it is one of the largest land claim positions in the Smoky Valley region, adjacent to American Battery Technology’s Tonopah Flats project and proximal to American Lithium.

· Horizon Lithium is located adjacent to one of the largest lithium bearing claystone inferred resource in the United States, 15.8 million tonnes

· Drilling to date on the Horizon project has confirmed lithium bearing claystone near surface and at depth within the Siebert Formation

· The Big Mack Project is an LCT-Pegmatite (lithium-cesium-tantalum) project located in the renowned Separation Rapids region of Northern Ontario. The project is fully funded for exploration and drilling spring/summer of 2023. The petalite from the property was commercially approved by Corning for use in glass and acrylic applications.

· The Company’s maiden asset is the Green Energy Lithium Project, a lithium brine project, located in Paradox Basin, Utah. The project is surrounded by an industry peer with an indicated and inferred resource of 1,037,900 tonnes LCE and 5,274,900 tonnes Bromine. The Company has announced the intent to spin out this asset to improve shareholder value and increase exploration efforts on Horizon Lithium and the Big Mack Lithium Project.

· Pan American Energy Corp. is well-positioned to support the growing urgency for a safe and secure North American supply chain for critical minerals.

Presentation

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Main Projects

· Horizon Lithium Project

The Horizon Lithium Project is located in one of the fastest-growing yet underdeveloped regions for American-sourced claystone lithium. The Company is fully permitted to drill up to 22 drill holes at a max depth of 1,000 ft. Regional results from industry peer drilling and sampling suggest there is a significant claystone-hosted lithium endowment in the Big Smoky Valley Basin area. Industry peers show lithium grades at depths that indicate the Seibert Formation to be the primary host for mineralization which outcrops along basin margins, to either side of the Horizon property.

· Big Mack Lithium Project

The Big Mack Lithium Project contains rare-metal mineralization similar to world-class TANCO (Manitoba) and Bikita Pegmatites (Zimbabwe). This property has a legacy closure plan in place and is fully funded for the 2023 exploration and drilling program beginning February 2023. Accessible by road and drill trail, this property is well-positioned to service the growing North American demand for lithium, cesium, and tantalum. The largest pegmatite on the project, The Big Mack Pegmatite, has a Li-bearing zone extending to a vertical depth of 50 meters along a 280 degrees trend with drill-core sample results as high as 2.74%. The property has over 20+ pegmatites identified for further exploration.

· Green Energy Lithium Project

The Green Energy Lithium is located in one of the top mining jurisdictions in the USA, the Paradox Basin, Utah. The Company is permitted to re-enter existing infrastructure (Cane Creek Federal #11-1) as part of the exploration program - de-risking initial drilling investment. Based on peer drilling results and data, the Company is targeting two target horizons - the Paradox Formation, Clastic Zone 31 / Shale 15, and the Mississippian (Leadville) Formation. The current indicated and inferred resource estimates (1,037,900 tonnes LCE and 5,274,900 tonnes Bromine) from the surrounding property owner show the potential overlap on Pan American’s claims. Pan American has announced the intent to “spin out” the Green Energy Project to increase shareholder value and focus human and corporate capital on the Horizon Lithium Project and the Big Mack Project.