Puma Exploration has completed the acquisition of the Portage Lake and Jonpol Gold projects, as previously announced on October 15th and 17th, 2019. At Portage Lake, additional field reconnaissance by the prospectors lead to the discovery of a mineralized breccia within a skarn horizon located in proximity to the mafic intrusion . Grab sample was collected at the site and graded 1.03% Co and 0.63 g/t Au; being the highest [...]
Puma Exploration is pleased to announce that following its press release of October 15, 2019, it has obtained all necessary approvals from the TSX Venture Exchange to consolidate its common shares on the basis of 10 pre-consolidation common shares for 1 post-consolidation common share. The consolidation will be effective at the opening of markets on Friday, October 25, 2019 . The symbol for the common shares of Puma [...]
In line with its DEAR Strategy, Puma Exploration has signed a purchase agreement to acquire the Jonpol Gold Project located in the Murray Brook area from local prospectors. Numerous gold occurrences have been identified and are associated with gabbroic intrusions located along a major subsidiary fault of the Rocky Brook Millstream Fault Grab samples collected in trenches reported grades of 17.1 g/t Au, 14.8 g/t Au, 10.6 [...]
In line with its DEAR Strategy Puma Exploration has signed a purchase agreement to acquire the Cu-Ni-Co Portage Lake Property located in the Murray Brook area from local prospectors The property covers a Devonian mafic intrusion and its associated skarn horizons of the Chaleur Group, containing both significant Copper-Nickel and Cobalt mineralization. The Portage Lake Property contains several showings with the most [...]
Puma Exploration Inc. is pleased to announce an amendment to the October 5, 2016 Agreement with BWR Exploration Inc. in regards to the Little Stull Lake Gold Project. Puma and BWR have agreed to extend the period of the completion of the minimum exploration expenditures of $1.5M for one year, until October 5, 2020. In exchange of the extension given, BWR shall issue 1,000,000 shares of the Company to Puma on or before [...]
Puma Exploration Inc. is pleased to announce the results of its Annual and Special Meeting of Shareholders held on October 03, 2019 in Rimouski, Quebec. All matters submitted to shareholders for approval as set out in the Company’s Circular dated August 20, 2019 were approved. A total of 75,730,197 common shares were voted at the ASM, representing 32.6% of the issued common shares of the Company. These matters [...]
Puma Exploration Inc. is pleased to announce that it has closed its previously announced private placement financing . The Company has issued a total of 43,664,467 units for a total of $654,967. The units were offered at a price of $0.015 and consisted of one common share in the Company and one share purchase warrant. Each warrant is exercisable to purchase one additional common share at $0.05 for 48 months from the date [...]
Puma Exploration Inc. is pleased to announce the closing of the purchase agreement with Targets Minerals in relation to the Nicholas-Denys Project as disclosed on August 27, 2019. In exchange of its interest in the Ann’s Creek and Beresford Copper properties and in some surface rights, Puma has received $100,000 in cash, $10,000 in debentures and 14,200,000 shares of Targets Minerals representing approximatively 48 [...]
Puma Exploration Inc. is pleased to announce the sale of its interest in the Ann’s Creek and Beresford Copper properties, collectively named the Nicholas-Denys Project to Targets Minerals. The transaction will create a new active player in Northern New Brunswick with the initial focus on precious metal deposits located along the Rocky-Brook-Millstream Major fault system. Targets Minerals, a private company, is the [...]
Puma Exploration Inc. is pleased to share his future exploration and development strategy for 2019-20 and beyond. While the priority remains to secure and finalise the acquisition of the Murray Brook Project, the emphasis will be directed to the exploration of the new targets identified around the existing deposits at Murray Brook and Chester but also within underexplored targets located on both favourable horizons within [...]
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 [...]
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