Puma Exploration (TSX VENTURE:PUM) is pleased to announce that it has closed a
non-brokered private placement with qualified investors in the amount of
$501,200. With this placement, Puma Exploration issued 2,179,131 common shares
at the price of $0.23 per share and 1,089,565 warrants. Each full warrant gives
its holder the right to purchase one common share at a price of $0.26 per share
until July 23, 2015.


In connection with this Private Placement, the Company has paid cash finder's
fees in an amount of $20,910 and issued 90,912 finder's warrants will entitle
holder to acquire one additional common share of Puma at a price of $0.26 for 24
months. All securities issued to purchasers and finders under the Offering are
subject to a four-month hold period from the date of issuance of the securities,
pursuant to applicable securities legislation and the policies of the TSX
Venture Exchange. The placement has received the conditional approval of the TSX
Venture Exchange.


The proceeds of the Offering will be used for the exploration and development of
Puma's properties in New Brunswick and Manitoba. 


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 and Turgeon Projects in New Brunswick and the Little Stull Lake
Gold Project in Manitoba. Puma is actually focusing 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.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Marcel Robillard, President
Puma Exploration
(418) 724-0901
president@explorationpuma.com


More information
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