Puma Exploration reports on the transaction with Raptor Resources and the results of the Annual General Meeting

RIMOUSKI, Sept. 10, 2024 (GLOBE NEWSWIRE) — Puma Exploration Inc. (TSXV: PUMA, OTCQB: PUMXF) (the “Company” or “Puma”) announces, further to its news release dated July 2, 2024, that Canadian Copper Inc. (CSE: CCI) and Puma have approved a second extension of Raptor Resources Ltd.'s (“Raptor”) initial public offering (“IPO”) and its listing on the Australian Securities Exchange (“ASX”) as a condition to the sale and transfer of the Chester and Turgeon projects located in New Brunswick, Canada to Raptor, as set out in Puma's news release dated March 4, 2024.

The second extension was granted on the condition that Raptor completes its IPO on or before September 27.^th2024. Under the terms of the Initial Transaction, Raptor will make a total cash payment of AUD$500,000 and issue 4,000,000 Raptor Shares to Puma to acquire the Chester Project.