Pan American Announces Extension to Marketing Program

Press Release

January 9, 2026

Calgary AB – Pan American Energy Corp.  (the “Company” or “Pan American”) (CSE: PNRG) (OTC PINK: PAANF) (FRA: SS6) is pleased to announce, further to its news release on September 5, 2025, that it is extending its engagement of Upswitch Media Corp. (“Upswitch”) (email: info@upswitchmedia.com; phone number: 604-373-5875; address: 2709B 43rd Ave., Suite 1013, Vernon, British Columbia) for the provision of marketing services for an additional anticipated period of 60 days commencing on or about January 12, 2026, provided that the term of the marketing services may be extended or shortened at the discretion of management.

Upswitch’s services are expected to include the creation of ad content and campaigns to raise awareness of the Company, provision of translation services, management of ad campaigns with publishers, and overseeing of the execution of services through testing and analytic studies. These services are expected to occur through various online communications channels, including within the news and investment community, and, where applicable, may also include print publications. The Company will pay a fee of CAD $300,000 for the services. The Company will not issue any securities to Upswitch as compensation for its marketing services. As of the date hereof, to the Company’s knowledge, Upswitch (including its directors and officers) does not own any securities of the Company and is arm’s length with the Company.

About Pan American Energy Corp.

Pan American Energy Corp. (CSE: PNRG) (OTC: PAANF) (FSE: SS60) is an exploration stage company engaged principally in the acquisition, exploration, and development of mineral properties containing battery and critical metals in North America.

The Company has executed an option agreement in Canada with Magabra Resources pursuant to which it has acquired a 75% interest in the Big Mack Lithium Project, 80 km north of Kenora, Ontario, with the right to earn an additional 15% for a total 90% interest. Pan American has also entered into an option agreement with Northern Critical Minerals Corp. to acquire up to a 100% interest in the Tharsis REE Project, located in the Northwest Territories. The project hosts the Squalus Lake Alkaline Complex, a Proterozoic-age carbonatite-bearing intrusion prospective for rare earth and high field strength elements.

On Behalf of the Board of Directors

Adrian Lamoureux

CEO & Director

Contact:

Phone: (587) 885-5970

Email: info@panam-energy.com

IBF4