PUMA Exploration Welcomes Trevali Mining Corporation as Shareholder
PRESS RELEASE
For immediate dissemination
PUMA EXPLORATION WELCOMES TREVALI MINING CORPORATION AS SHAREHOLDER
Rimouski, March 16th, 2018 – Puma Exploration Inc. (the “Company” or “P uma”) is pleased to announce
the closing of a non-brokered private placement with Trevali Mining Corporation (TV -TSX) for gross proceeds
of CAD $500,000 worth of Units. Each Unit was offered at a price of $0 ,09 and consists of one common share
and one -half of a warrant. The warrants are for a three-year term and the exercise price is $0,12. The
proceeds will be used to advance the Strategic Exploration Alliance announced on March 02 nd, 2018.
Strategic Exploration and Development Alliance
The private placement was agreed i n connection with the signature of the LOI where Puma and Trevali
entered into a Strategic Alliance for the development of the Murray Brook Deposit (ML 252) and the exploration
of combined mining properties in the Restigouche –Armstrong Belt of New Brunswick. Trevali will provide up to
CAD $7.5 million dollars funding required to finalize the acquisition of 100% of the Murray Brook Deposit and
the Murray Brook East Property.
Highlights
Murray Brook Deposit (75% TV and 25% PUMA)
• Ownership in the Murray Brook Deposit (ML 252) will be 75% TV and 25% PUMA.
• Trevali brings to the agreement its extensive expertise in advanced stage project management, with a
proven track record of efficiently moving a ssets from exploration, through permitting and development,
to production.
• Trevali will provide metallurgical and geochemical consulting expertise.
• Trevali will also provide access to the Caribou concentrator and Mine infrastructure.
• Trevali’s experience with Mi’kmaq partners will facilitate the negotiation of a new agreement with said
partners.
• Trevali’s expertise and infrastructure will considerably reduce the costs of bringing to production the
Murray Brook Deposit.
Exploration Alliance (51% TV and 49% PUMA)
• Ownership in all other exploration properties held by both TV and PUMA in Restigouche -Armstrong
Belt included in the Strategic Alliance (8,503Ha) will be 51% TV and 4 9% PUMA with Puma as
manager of the exploration programs.
• The Exploration Alliance area of interest covers more than 32,000 hectares.
• Puma gains access to four (4) new properties (1,286 ha.) all 100% previously held by Trevali.
• Puma maintains 100% interest in all its other held properties in the Bathurst Mining Camp, namely;
Turgeon, Nicholas-Denys, Beresford Copper, Ann’s Creek and Legacy (11,185 ha.).
This new Strategic Exploration and Development Alliance combines TV’s assets and expertise in mining with
PUMA’s expertise and knowledge of the Restigouche -Armstrong b elt that will benefit shareholders of both
companies and allow for a more efficient development of New Brunswick’s mining resources. The completion
of the transactions covered by the LOI is subject to the approval of the TSX Venture Exchange and the
execution of definitive agreements before April 30th, 2018.
PUMA TSXV
explorationpuma.com
About Puma Exploration Inc.
Puma Exploration is a Canadian mineral exploration company with advanced precious and base metals
projects in Canada. The Company's major assets consist of a beneficial interest in the Murray Brook Property,
as well as 100% of the Turgeon Zinc -Copper Project and the Nicholas -Denys Project all located in New
Brunswick. The company also hold an equity interest in BWR Resources, Manitoba. Puma’s objective is to
focus its exploration efforts in New Brunswick.
About Trevali Mining Corporation
Trevali is a zinc -focused base metal company with four mines: the wholly -owned Santander mine in Peru, the
wholly-owned Caribou mine in the Bathurst Mining Camp of northern New Brunswick, its 80% owned Rosh
Pinah mine in Namibia and its 90% owned Perkoa mine in Burkina Faso.
Qualified Persons and QC/AC
Technical information provided in this news releases was prepared and reviewed by Marcel Robillard, P.Geo.,
President and Dominique Gagné, P.Geo., Vice President Exploration of Puma Exploration, q ualified persons
as defined by 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. Mr. Robil lard and Mr. Gagné are not independent of the Company, as both are officers and
shareholders thereof.
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Learn more by consulting www.pumaexploration.com for further information on Puma Exploration Inc.
Marcel Robillard, President
(418) 724-0901
-30-
Forward-Looking Statements: This press release may contain forward -looking statements. Such forward -
looking statements involve a number of known and unknown risks, uncertai nties 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.