Pangolin Reports Diamond Results from its Magi and SWS21 Targets , Botswana

Highlights

• Four diamonds recovered from Magi-008 drill core;
• A total of 7 diamonds have now been recovered from Magi target;
• High-pressure mantle derived garnet, ilmenite and olivine have previously been recovered from Magi drill core; and
• Ground geophysical surveys to define drilling target below crater material will follow.

TORONTO, ONTARIO (September 25, 2014) – Pangolin Diamonds Corp. (TSX-V: PAN) (the “Company” or “Pangolin”) announces the receipt of the results of diamond recovery analysis for Tsabong North (the Magi target) and Mmadinare (SWS21 Intrusive target) projects in Botswana. Both projects are 100% owned by Pangolin.

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