| Puma Exploration Closes Private Placement for $867,200 | |
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RIMOUSKI, QUEBEC--(Marketwired - Dec 23, 2014) - Puma Exploration (TSX VENTURE:PUM) is pleased to announce that it has closed a first non-brokered private placement with qualified investors in the amount of $251,250. With this placement, Puma Exploration issued 1,675,000 common shares at the price of $0.15 per share and 1,675,000 warrants. Each full warrant gives its holder the right to purchase one common share at a price of $0.20 per share until December 23, 2016. In addition, Puma Exploration filed a modification to its stock option plan with the TSX Venture Exchange. This change will increase the maximum number of stock options that may be issued under this plan from 8,400,000 to 10,500,000. About Puma Exploration Puma Exploration is a Canadian mineral exploration company with advanced precious and base metals projects in Canada. The Company's major assets are the Nicholas-Denys Project and Turgeon Copper Project in New Brunswick and the Little Stull Lake Gold Project in Manitoba. Puma is focusing now its exploration efforts in New Brunswick, Canada. Learn more by clicking here: www.pumaexploration.com The contents of this press release were prepared by Marcel Robillard, a Qualified Person as defined in NI 43-101. Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. Forward-Looking Statements: This press release may contain forward-looking statements. Such forward-looking statements involve a number of known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of Puma Exploration Inc. to be materially different from actual future results and achievements expressed or implied by such forward-looking statements. Readers are cautioned not to place undue reliance on these forward-looking statements which speak only as of the date the statements were made, except as required by law. Puma Exploration undertakes no obligation to publicly update or revise any forward-looking statements. These risks and uncertainties are described in the quarterly and annual reports and in the documents submitted to the securities administration.
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Puma Exploration Inc.
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EXPLORATION STAGE |
CODE : PUM.V |
ISIN : CA74588S1039 |
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ProfileMarket IndicatorsVALUE : Projects & res.Press releasesAnnual reportRISK : Asset profileContact Cpy |
Puma Exploration is a zinc and lead exploration company based in Canada. Puma Exploration holds various exploration projects in Canada. Its main exploration properties are LITTLE STULL LAKE, TURGEON and NICHOLAS-DENYS in Canada. Puma Exploration is listed in Canada. Its market capitalisation is CA$ 15.7 millions as of today (US$ 12.6 millions, € 10.3 millions). Its stock quote reached its highest recent level on December 07, 2007 at CA$ 0.59, and its lowest recent point on January 22, 2016 at CA$ 0.03. Puma Exploration has 184 380 000 shares outstanding. |