Pan Global Corp. Outlines Plans for Its Sustainable Greenhouse Business

Marketwired

CARSON CITY, NV--(Marketwired - Nov 12, 2013) - Pan Global, Corp. (OTCQB: PGLO) (the "Company") is pleased to announce that through its wholly-owned subsidiary, Pan Asia Infratech, Corp., the Company's plans for developing an environmentally sustainable greenhouse growing operation in Punjab, India are proceeding as planned and on schedule.

The hydroponic greenhouse growing industry in India is very young. At the present time, there are very few professional operators and many of these are focused on floriculture (i.e., flower farming). The Company is planning a hydroponic greenhouse growing operation focused on vegetable crops. The Company retained Dr. Amanjit Josan this past July to prepare a preliminary design plan and market study for a one acre operation. We expect this design plan will be completed by the end of this quarter. At that point, the Company plans to begin working with a major North American greenhouse equipment supplier to prepare a detailed design plan. Subject to availability of funding, the Company anticipates the facility to be operational by the end of the Company's fiscal year ending September 30, 2014. During the design and construction phase, the Company intends to establish relationships with various local chain food retails stores, high end hotels and other potential customers to directly market its production.

The Company's Management commented, "Our preliminary research indicates there is a large market for our planned greenhouse vegetable production, where product is of higher quality, available on a more consistent schedule and has favorable environmental attributes such as limited or no use of chemical fertilizer and up to 90% less use of water."

As reported by the Company on a Form 8-K filed with the SEC on October 17, 2013, the Company, through Pan Asia Infratech Corp., entered into a lease agreement on October 11, 2013 to lease a five-acre parcel of land located in Punjab, India for an initial term of ten years for the sole purpose of building and operating a greenhouse growing facility. The hyperlink to the Company's Form 8-K follows:

http://www.sec.gov/Archives/edgar/data/1492617/000149315213002012/0001493152-13-002012-index.htm

About Pan Global, Corp.

Pan Global, Corp., through its wholly-owned subsidiary, Pan Asia Infratech, Corp., is focused on environmentally sustainable energy, infrastructure and technologies. Our aim is to invest in green energy technology and infrastructure to build an inclusive green economy around the world.

For additional information, please visit: www.panglobalcorp.com, the contents of which are not incorporated into this press release.

CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING STATEMENTS

The foregoing contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. We intend for these forward-looking statements to be covered by the safe harbor provisions of the federal securities laws relating to forward-looking statements. These forward-looking statements include statements relating to, or representing management's beliefs about, our future transactions, strategies, operations, events and financial results. Such forward-looking statements often contain words such as "will," "anticipate," "believe," "plan," "estimate," "expect," "intend," "is targeting," "may," "should" and other similar words or expressions. Forward-looking statements are made based upon management's current expectations and beliefs and are not guarantees of future performance. Our actual business, financial condition or results of operations may differ materially from those suggested by forward-looking statements as a result of risks and uncertainties which include, among others, those risks and uncertainties described in any of our other filings with the SEC. Certain other factors which may impact our business, financial condition or results of operations or which may cause actual results to differ from such forward-looking statements are discussed or included in our periodic reports filed with the SEC and are available on our website at www.panglobalcorp.com under "Investor Info". You are urged to carefully consider all such factors. We do not undertake or plan to update or revise forward-looking statements to reflect actual results, changes in plans, assumptions, estimates or projections, or other circumstances occurring after the date of this news release, even if such results, changes or circumstances make it clear that any forward-looking information will not be realized. If we make any future public statements or disclosures which modify or impact any of the forward-looking statements contained in or accompanying this news release, such statements or disclosures will be deemed to modify or supersede such statements in this news release.

Contact:


Pan Global, Corp.
Investor Relations
Phone: 877-999-7978
Email: PGLO@panglobalcorp.com
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