CST: 06/12/2016 08:04:16   

Early Warning Press Release in Accordance With National Instrument 62-103

322 Days ago

VANCOUVER, BRITISH COLUMBIA--(Marketwired - Jan 18, 2016) - On December 20, 2015, pursuant to the first tranche of a private placement, Firesky Management bvba ("Firesky") acquired ownership of 4,500,000 units (the "Units") of Pantheon Ventures Ltd. (the "Corporation") at a price of $0.10 per Unit, with each Unit being comprised of one common share and one common share purchase warrants (each a "Warrant"), whereby each Warrant is exercisable into one common share (a "Common Share") in the capital of the Corporation at a price of $0.10 on or before December 30, 2016. The Common Shares and Warrants were issued by the Corporation in reliance upon Section 1.1(t) of the accredited investor exemption contained in Section 2.3 of National Instrument 45-106 - Prospectus and Registration Exemptions and British Columbia Instrument 72-503 - Distribution of Securities outside British Columbia. Pursuant to those exemptions, the Common Shares and Warrants are initially subject to a four-month hold period.

Prior to giving effect to the foregoing acquisition of securities, Firesky did not own any securities of the Corporation. After giving effect to the acquisition of the Units, Firesky owns or controls 4,500,000 Common Shares (or approximately 17.6% of the issued and outstanding Common Shares (non-diluted)) and 4,500,000 Warrants.

In the future, Firesky may acquire additional securities of the Corporation, dispose of some or all of the securities it now owns or controls, or may continue to hold its current position.

The Common Shares of the Corporation are listed on the TSX Venture Exchange under the trading symbol "PVA".

For further information or to receive a copy of the early warning report filed by Firesky with securities regulatory authorities in Canada in connection with this press release, please Brandon Boddy, a director of the Corporation, at (604) 639-4486.

Brandon Boddy
(604) 639-4486