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PURR.CN ·

Panther Minerals Appoints Ram Kumar as Chief Executive Officer and Director

Management Changes

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NEWS RELEASE

PANTHER MINERALS APPOINTS RAM KUMAR AS CHIEF EXECUTIVE OFFICER AND DIRECTOR

Vancouver, British Columbia – September 18, 2025 - Panther Minerals Inc. (“Panther Minerals” or the

“Company”) (CSE: PURR) (OTC: GLIOF) (FWB: 2BC) is pleased to announce the appointment of Ram

Kumar as Chief Executive Officer and a member of the Board of Directors of the Company, effective

immediately.

Mr. Kumar brings significant experience in corporate strategy, mergers and acquisitions, and capital

markets to Panther Minerals. He is currently a member of the board of directors of Usha Resources Ltd.

and most recently served as Director of Mergers and Acquisitions at Valsoft Corp., where he led the full

buy-side acquisition life cycle of vertical market software companies globally.

Prior to joining Valsoft Corp., Mr. Kumar held investment banking roles in Montreal and New York with BMO

Capital Markets, Lazard, and DNA Capital, advising both public and private clients on a broad range of

M&A and capital markets transactions across the industrials, power and utilities, consumer retail, media,

and technology sectors. He began his career in private equity at Novacap Management, one of Canada’s

leading investment firms.

Mr. Kumar holds a Bachelor of Commerce (Honours) in Finance from the John Molson School of Business

at Concordia University.

The Board of Directors welcomes Mr. Kumar and looks forward to his leadership in advancing Panther’s

North American exploration portfolio and strengthening its corporate growth strategy.

About Panther Minerals Inc.

Panther Minerals is a mineral exploration company actively engaged in advancing a diversified portfolio of high-

potential projects across North America. The Company remains committed to identifying and acquiring high-

quality prospective uranium assets that can be efficiently explored and developed in a timely and responsible

manner.

ON BEHALF OF THE BOARD OF DIRECTORS

Mr. Ram Kumar, Chief Executive Officer

For more information please visit: www.pantherminerals.ca or email [email protected].

The CSE and Information Service Provider have not reviewed and does not accept responsibility for the

accuracy or adequacy of this release.

Forward-Looking Statements

This news release contains “forward -looking information” within the meaning of applicable Canadian securities

legislation. Often, but not always, forward -looking information can be identif ied by the use of words such as “plans,”

“expects,” “is expected,” “estimates,” “intends,” “anticipates,” “believes,” or variations of such words and phrases, or

statements that certain actions, events or results “may,” “could,” “would,” “might,” or “will” be taken, occur, or be

achieved. Actual future results may differ materially. The forward-looking information in this news release includes, but

is not limited to, statements regarding the appointment of Mr. Ram Kumar as Chief Executive Officer and Director, the

anticipated impact of his leadership on the Company’s corporate strategy and exploration plans, and the Company’s

intention to advance and develop its North American mineral exploration projects. These statements reflect

management’s current expectations based on information presently available and are subject to a number of risks and

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uncertainties that may cause outcomes to differ materially from those discussed in the forward -looking information.

Such risk factors may include, among others, genera l economic and market conditions in Canada and globally;

fluctuations in commodity prices; regulatory and permitting risks; challenges related to mineral exploration and

development, including geological and technical conditions; risks related to access to capital and the availability of

financing on reasonable terms; and the Company’s ability to successfully execute on its exploration and corporate

strategies. Although the Company believes that the assumptions and factors used in preparing the forward -looking

information are reasonable, undue reliance should not be placed on such information and no assurance can be given

that such events will occur in the disclosed time frames or at all. The forward-looking information included in this news

release is made as of the date of this news release, and the Company expressly disclaims any intention or obligation

to update or revise any forward-looking information, whether as a result of new information, future events or otherwise,

except as required by applicable law. Additional information identifying risks and uncertainties that could affect financial

results is contained in the Company’s filings with Canadian securities regulators, which are available at

www.sedarplus.ca.