Puma Exploration Closes $290,000 Charity Flow-Through Private Placement

RIMOUSKI, Quebec, Dec. 22, 2023 (GLOBE NEWSWIRE) -- Puma Exploration Inc. (TSX-V: PUMA, OTCQB: PUMXF) (the “Company” or “Puma”) announces that it has closed a non-brokered placement (the “CFT Private Placement”) consisting of 2,000,000 Charity flow-through units (the “CFT Units”) at $0.145 per CFT Unit for gross proceeds of C$290,000. Each CFT Unit is comprised of one Charity flow-through share and one common share purchase warrant. Each whole warrant is exercisable to purchase one common share of the Company at $0.20 per share until December 22, 2025.

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