PAO Pan African Oil Ltd

Calgary, Canada, June 24, 2013 - Pan African Oil Ltd. (TSXV:PAO) ("PAO" or the "Company") announces that Dejan Ristic has resigned as Chief Financial Officer and Secretary of the Company. The Company would like to thank Mr. Ristic for his service and contributions to the Company. The Company is in the process of identifying a suitable candidate to replace Mr. Ristic and will issue a press release once a new Chief Financial Officer has been appointed.

For further information, please contact:

Pan African Oil Ltd.

Gary Wine

Phone: 1(587)353-2205

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Pan African Oil Ltd (TSXV:PAO)
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Pan African Oil Ltd (TSXV:PAO)
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