Puma Exploration Inc.

RIMOUSKI, Quebec, March 02, 2018 -- Puma Exploration Inc. is pleased to announce the signature of a non-binding Letter of Intent with Trevali Mining Corp. setting the terms of a Strategic Alliance for the development of the Murray Brook Deposit and the exploration of combined mining properties in the Restigouche–Armstrong Belt region of New Brunswick. 20180302_Corporative1 20180302_Corporative2 Development of the [...]

RIMOUSKI, Quebec, Feb. 26, 2018 -- Puma Exploration Inc. is pleased to announce that it has paid to Votorantim Metals Canada Inc. the amount of $2 million that was due on February 24th, 2018 under the Murray Brook Option Agreement whereby PUMA can acquire the 67.86% interest held by VMC in the Murray Brook Project. In order to proceed with such payment, PUMA obtained a $2 million loan from a third party. The loan bears [...]

Puma Exploration is pleased to announce that, effective as of today, the trading symbol of Puma Exploration on the TSX Venture Exchange has changed from PUM to PUMA. No action is required to be taken by current shareholders in connection with the change, and no change has been made to Puma's share capital. There is no change in the company's name, no change in its CUSIP number and no consolidation of capital. The Company [...]

Puma Exploration Inc. is pleased to announce that has fulfilled the requirements needed to satisfy the terms of the second anniversary of the Red Brook high grade Zinc Project in New Brunswick. With the renewed interest of the Bathurst Mining camp project and the activities in the area, Puma is very excited about the exploration plan for 2018. The Red Brook option was acquired from a local prospector's following his [...]

Puma Exploration Inc. is pleased to announce the closing of non-brokered private placement financings of flow-through shares with qualified investors, employees and consultants. The Company issued 8,358,000 shares at an issue price of $0.10 per flow-through shares for gross proceeds of $835,800. The flow-through share comprises one flow-through common share without any warrant. In connection with these Private Placements [...]

Puma Exploration Inc. has completed the second phase of a trenching program in the Murray Brook area. 29 trenches for a total of 1,900 meters were excavated at close proximity of the Murray Brook Deposit. Two new showings found at respectively 100 meters west and 300 meters east from the Murray Brook Deposit and will be the first priority targets. The results of the trenching program are pending. The mineralized zones [...]

Puma Exploration Inc. is pleased to announce the closing of a non-brokered private placement financing of flow-through units with qualified investors, employees and consultants. The Company issued 5,000,000 units at an issue price of $0.10 per flow-through units for gross proceeds of $500,000. The flow-through units comprise one flow-through common share without any warrant. In connection with this Private Placement, the [...]

Puma Exploration Inc. is pleased to announce 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 5th, 2016 to facilitate and accelerate the final closing of the acquisition of the Murray Brook Property which include the transfer of the mining claims to Puma. To satisfy the new requirements as set in the amended [...]

Puma Exploration Inc. is pleased to announce the results of drillholes MB17-02 and MB17-03 from the 2017 drilling program at its Murray Brook Deposit in New Brunswick. Hole MB17-03 intersected the surface rich zinc and copper zone grading 6.60% Zn, 1.70% Pb, 0.53 g/t Au, 71 g/t Ag, 1.15% Cu over 10 meters and a new copper stringers zone grading 1.02% Cu over 26 meters. The 2017 preliminary drilling program consisted of [...]

Puma Exploration is pleased to announce the results of the first of three holes from the 2017 drilling program at its Murray Brook Deposit in New Brunswick. Hole MB17-01 intersected over 405 meters of continuous massive sulphide mineralization starting from 27 meters from surface and extending to a depth of 435 meters. The overall grades of the 405 meter massive sulphide mineralization are 3.3% Zn, 1.1% Pb, 0.95g/t Au [...]