Why Pan African?
Pan African is an exploration company taking advantage of a unique opportunity in Madagascar
due to recent changes in regime. Perhaps the first company to recognize the opportunity, Pan African
was able to have first pick of properties demonstrating good results in gold, precious stones, base
metals and industrial minerals.

Pan African raised $6 million in a recent oversold IPO to undertake extensive exploration
programs on three gold properties and one diamond property. Madagascar is highly prospective and
relatively untouched by modern exploration techniques. The management team has an excellent track
record and is dedicated to the projects.
The company currently has the largest diversified land position in Madagascar with approximately
10,000 sq. km under direct control encompassing 18 separate properties.
the international independent information
and advice bulletin for gold related investments.
Special Situation Update - September 2005