Pan American Gold Corporation Announces Name Change and Share Consolidation

Pan American Gold Corporation Announces Name Change and Share Consolidation

Pan American Gold Corporation announce that it has changed its name to Newcastle Resources Ltd. and has effected a share consolidation of its authorized and issued and outstanding shares on the basis of one (1) share for every thirty (30) shares held. The name change and share consolidation was effective with the Ministry of Government Services of Ontario on November 21, 2008.

The Company will commence trading on the Over-the-Counter Bulletin Board under its new name and stock symbol “NCSLF” at the opening of the market on November 28, 2008.

The Company’s new CUSIP number is 65106H108.

Newcastle Resources Ltd. is a Canadian-based mineral exploration company quoted on the OTC Bulletin Board (Symbol: NCSLF). The Company is focused on enhancing shareholder value by identifying, exploring and developing mineral projects in Canada.

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