Pancon Gold Unaware of Any Material Change

Toronto, Ontario--(Newsfile Corp. - July 18, 2017) - Pancontinental Gold Corporation (TSXV: PUC) (the "Company") is issuing this press release at the request of IIROC, the Company wishes to confirm that management is unaware of any material change in the Company's operations that would account for the recent increase in market activity.

About Pancontinental Gold Corporation

Pancontinental Gold Corporation (www.pancongold.com) is a Canadian-based mining company focused on the exploration and development of the Jefferson Gold Project in South Carolina, USA, and on acquiring additional prospective properties. The Company's shares are listed on the TSX Venture Exchange, trading under the symbol PUC. In 2015, Pancon Gold 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.

For further information, please contact:

Layton Croft
President and CEO
1-416-293-8437 or laytoncroft@pancongold.com

For additional information please visit our website: www.pancongold.com, and our Twitter feed: @PanconGold.

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.

This news release may contain assumptions, estimates, and other forward-looking statements regarding future events. Such forward-looking statements involve inherent risks and uncertainties and are subject to factors, many of which are beyond the Company's control that may cause actual results or performance to differ materially from those currently anticipated in such statements.