Mr. Joseph van den Elsen reports

PAMPA METALS GRANTS INCENTIVE STOCK OPTIONS

Pampa Metals Corp. has granted a total of 585,000 incentive stock options to its directors and management. The options are exercisable at an exercise price of 7.5 cents per share until Nov. 20, 2026.

The company also announces a grant of 605,291 bonus shares to a director, subject to approval by the Canadian Securities Exchange and subject to vesting upon the 10-day volume-weighted average trading price of the common shares of the company being equal to 10 cents.

About Pampa Metals Corp.

Pampa Metals is listed on the Canadian Securities Exchange, Frankfurt and OTC exchanges, and wholly owns a portfolio of projects highly prospective for copper, molybdenum and gold along proven and highly productive mineral belts in Chile, the world's largest copper producer.

We seek Safe Harbor.