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Puma Exploration Inc. V.PUMA

Alternate Symbol(s):  PUMXF

Puma Exploration is a Canadian mineral exploration company that controls thousands of hectares in the famous Bathurst Mining Camp of New Brunswick, Canada. The Company made several gold discoveries at its flagship Williams Brook property in 2021. Backed by strategic investors and managed by experienced professionals, Puma is focused on generating maximum shareholder value through its development, exploration, acquisition, and royalties (“DEAR”) strategy.


TSXV:PUMA - Post by User

Post by Betteryear2on Jun 28, 2023 7:16pm
385 Views
Post# 35519543

Puma Exploration Receives First Anniversary Option Payment

Puma Exploration Receives First Anniversary Option Payment RIMOUSKI, Quebec, June 28, 2023 (GLOBE NEWSWIRE) -- Puma Exploration Inc. (TSXV: PUMA, OTCQB: PUMXF) (the “Company” or “Puma”) has received the first-anniversary option payment from Canadian Copper Inc. (CSE: CCI) (“Canadian Copper” or “CCI”) as outlined in the Option Agreement dated June 30, 2021. Canadian Copper elected to issue 3,637,873 common shares of the company at $0.0825 per share (the 20-day VWAP price from June 3, 2023) for a $300,000 first-anniversary option payment. CCI’s largest shareholder is Puma, with 10,001,968 shares representing 13.48% ownership. Prior to the first-anniversary option payment, Puma owned 6,364,095 common shares of CCI, representing approximately 9% ownership.

Puma Exploration Receives First Anniversary Option Payment (globenewswire.com)
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