Puma Exploration Inc. announced closing of non-brokered private placement of 5,000,000 charity flow-through units at a issue price of CAD .0125 per unit for gross proceeds of CAD 625,000 on March 28, 2024. Each charity flow-through unit consist of one charity flow-through share and one-half of one common share purchase warrant. Each whole warrant is exercisable to purchase one common share of the company at CAD 0.15 per share until March 28, 2026.

The company will not pay any finder's fees nor finder warrants. The securities issued in connection with the private placement are subject to a four-month-and-one-day hold period expiring on July 29, 2024. The transaction is subject to the conditional approval from the TSX Venture Exchange.

The TSX Venture Exchange has accepted for filing documentation with respect to a non-brokered private placement. The transaction included participation from 16 placees and 2 pro groups with total pro group involvement of 800,000 charity flow-through shares.