Puma Closes Private Placement Offering for Gross Proceeds of $1,050,000

RIMOUSKI, Dec. 15, 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 “FT Private Placement”) consisting of 8,400,000 flow-through units (the “FT Units”) at $0.125 per FT Unit for gross proceeds of C$1,050,000. Each FT Unit is comprised of one flow-through share and one-half common share purchase warrant. Each whole warrant is exercisable to purchase one common share of the Company at $0.20 per share until December 15, 2025.

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