Puma Exploration Inc. announces that it is undertaking a major restructuration of the Company including, but not limited to, a private placement of $1M, a proposed consolidation 10:1, and the resignation of its Executive Chairman and Director Arness Cordick. Private Placement for $1M Puma is undertaking a non-brokered private placement of units , which has been conditionally approved by the TSX Venture Exchange , for a [...]
Puma Exploration Inc. announces that by mutual agreement, Puma and El Nino Ventures have agreed to modify the terms of the amended and restated Asset Purchase Agreement signed October 5, 2016, as amended thereafter. Pursuant to the amending agreement signed by Puma and El Nino, Puma now has until June 30, 2020, to proceed with the final $1M cash consideration. To keep the Purchase Agreement in good standing, Puma shall [...]
Puma Exploration Inc. announces that by mutual agreement, Votorantim Metals Canada Inc. and Puma have agreed to modify the terms of the amended and restated Asset Purchase Agreement signed October 5, 2016, as amended thereafter. Pursuant to the current amending agreement signed by Puma and Votorantim, Puma now has until June 30, 2020 to proceed with the final $3M cash consideration. The date at which the Environmental [...]
Puma Exploration Inc. has signed an option agreement with a local prospector to acquire 100% interest of the Fe Bloom project located along the northern edge of the Bathurst Mining Camp of New Brunswick. The Fe Bloom project had exploration work conducted from 1950 to 1970, targeting a potential manganese deposit. The Fe Bloom Project The property consists of 69 claims totaling 643 hectares and is located in a favorable [...]
Puma Exploration Inc. is pleased to announce the discovery of a new zone containing Copper Stringers extending from surface and outside of the current resource model at the Murray Brook Deposit located in the famous Bathurst Mining Camp in New Brunswick. The new discovery is a new horizon adjacent to the massive sulphide mineralization and corresponds to a strong Megatem anomaly at depth, in the same area where hole [...]
Puma Exploration Inc. announces that by mutual agreement, Puma Exploration Inc. and El Nino Ventures have agreed to modify the terms of the amended and restated Asset Purchase Agreement signed October 5, 2016, as amended thereafter. Pursuant to the third amending agreement signed by Puma & El Nino, Puma now has until June 30, 2019 to proceed with the final $1M cash consideration. In addition, subject to the obtention of [...]
Puma Exploration Inc. is pleased to release positive results for the metallurgical program currently in progress at Murray Brook Deposit located in the Famous Bathurst Mining Camp in New Brunswick. The program was designed to investigate the potential of processing the Murray Brook mineralization by utilizing the existing mill flowsheet at the Caribou Mine. Flotation test work was conducted from the two distinct zones to [...]
Puma Exploration Inc. announces that by mutual agreement, Votorantim Metals Canada Inc. and Puma have agreed to modify the terms of the amended and restated Asset Purchase Agreement signed October 5, 2016, as amended thereafter. Pursuant to the third amending agreement signed by Puma and Votorantim, Puma now has until June 30, 2019 to proceed with the final $3M cash consideration. The date at which the Environmental Bond [...]
Puma Exploration Inc. announces today that it has been mutually agreed with Trevali Mining Corp. to terminate, effective as of March 15, 2019, the Option Agreement for the Murray Brook property dated April 27, 2018, as amended November 30, 2018. From June 2018 to December 2018, the parnertship invested a total of $1,614,705 in exploration and development work at the Murray Brook deposit and within the Strategic Alliance [...]
Puma Exploration Inc. provides clarification on its news release issued on February 12, 2019. At the request of IIROC, the Company wishes to clarify certain disclosure in its February 12, 2019 news release titled “Puma Exploration Adds the Chester VMS Deposit to its Bathurst Mining Camp Portfolio of Properties”. To clarify the disclosure of the current “mineral resources” and the “historical [...]
Puma Exploration Inc. is pleased to announce the signature of an option agreement to acquire 100% of the Chester VMS Deposit located within the Bathurst Mining Camp of New Brunswick. The Chester Property is comprised of 164 claims covering a total of 3,600 hectares strategically located approximately 25 kilometers South West of three major VMS deposits: Halfmile Lake, Stratmat and Heath Steele . These deposits are held by [...]
Puma Exploration Inc. proposes to extend the expiry date of 13,643,569 outstanding share purchase warrants that were issued pursuant to a private placement completed on February 1st and 24th, 2017. Each warrant entitles the holder to purchase one common share in the capital of the Company at a price of $0.15 per share for a period of 24 months from the date of issuance which expires on February 1st and 24th 2019. Subject [...]
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