Acquisition of Securities of Puma Exploration Inc.

PRESS RELEASE

October 3, 2012

FOR IMMEDIATE RELEASE

ACQUISITION OF SECURITIES OF PUMA EXPLORATION INC.

VANCOUVER, B.C. – Arness Cordick (“Cordick”) announces that he has acquired an aggregate of 2,000,000 common shares in the capital stock of Puma Exploration Inc. (the “Company”).

After giving effect to the transaction, Cordick owns a total of 12,042,000 common shares, representing 14.21% of the issued shares of the Company.

The common shares were acquired for investment purposes only and were acquired by way of an exercise of share purchase warrants at an exercise price of $0.10 per share. Cordick could increase or decrease his investment in the Company depending on market conditions or any other relevant factor.

No other persons currently act jointly or in concert with Cordick.

ARNESS CORDICK

#507, 837 West Hastings Street Vancouver, BC V6C 3N6 Telephone: (604) 685-1017

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.