Puma Exploration closes a first tranche of Private Placement for $500,000
175, RUE LEGARÉ, RIMOUSKI (QUÉBEC) CANADA G5L 3B9
TEL.: 418. 724.0901 FAX: 418.722.0310
PUM TSXV
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PRESS RELEASE
Puma Exploration closes a first tranche of Private Placement for $500,000
Rimouski, December 08 th , 2017 – Puma Exploration Inc. (the “Company” or “Puma) is pleased to
announce the closing of a non-brokered private plac ement financing of flow-through units with qualifie d
investors, employees and consultants. The Company i ssued 5,000,000 units at an issue price of $0.10 pe r
flow-through units for gross proceeds of $500,000. The flow-through units comprise one flow-through
common share without any warrant.
In connection with this Private Placement, the Comp any has paid cash finder's fees in an amount of $40 ,000
and issued 400,000 finder's warrants will entitle holder to acquire one additional common share of Puma at a
price of $0.10 for 24 months. All securities issued to purchaser and finder 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 Exc hange. The placement has received the conditional
approval of the TSX Venture Exchange.
The proceeds of the Offerings will be used for the exploration and development of Puma's Murray Brook
property in New Brunswick where a trenching program is underway on prospective new areas on both sides
of the Murray Brook Deposit. The trenching operatio n is aimed at defining targets for the upcoming maj or
drilling program directed at identifying potential new discoveries in close proximity to the known Mur ray
Brook Deposit.
About the Murray Brook Project
The Murray Brook Project consists of three (3) dist inct contiguous areas that cover more than 18 kilom eters
of the favorable rocks that host the operating Cari bou Mine (Trevali Mining Corp.), the Murray Brook
Deposit and the past operating Restigouche Mine (Tr evali Mining Corp.). From east to west, the project
comprises the Murray Brook East Property (4925), th e Murray Brook Mining Lease (# 252) and the Murray
Brook West Property (7846) (refer to website).
The Murray Brook East and Murray Brook West Propert ies have been subject to various degrees of
exploration and share the same potential of increas ing the mineral resources defined at the Murray Bro ok
Deposit. The Company has defined several future priority targets on these properties.
The Murray Brook deposit has a currently defined me asured and indicated mineral resources of 5.28 million
tonnes averaging 5.24% zinc, 1.80% lead, 0.46% copp er, 68.9 g/t silver and 0.65 g/t gold . The core of
the mineral resource occurs in the West Zone which is 200 meters wide, extending from surface to 300
meters vertical and the true thickness of the massive sulphide body varies from 75 meters to 100 meters. The
East Zone (Copper-Gold) is 100 meters wide, also ex tending from surface to 300 vertical meters and is
mainly mineralized with gold and copper. On Februar y 20 th 2017, a NI 43-101 report was accepted and filed
on SEDAR.
PUM TSXV
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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 cons ist of an option to acquire 100% beneficial interes t in
the Murray Brook Property, the Turgeon Zinc-Copper Project and the Nicholas-Denys Project located in
New Brunswick as well as an equity interest in BWR Resources, Manitoba. Puma’s objective for the coming
year is to focus its exploration efforts in New Brunswick.
Qualified Persons and QC/AC
The content of this press release was prepared by Marcel Robillard, P.Geo., President and Dominique Gagné,
P.Geo., Vice President Exploration of Puma Explorat ion, qualified persons as defined by NI 43-101, who
supervised the preparation and technical informatio n that forms the basis for this news release. Neith er TSX
Venture Exchange nor its Regulation Services Provid er (as that term is defined in the policies of the TSX
Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. Mr. Robillard and Mr.
Gagné are not independent of the Company, as both a re officers and shareholders thereof. The samples w ere
prepared, sent, processed at ALS Val D’Or, Québec and ALS Sudbury, Ontario. All samples were assayed by
ME-ICP41 method and gold was assayed by AU-AA26 met hod. QA/QC are monitored by the analysis of
blanks, reference material and replicate samples at a frequency of one (1) of each per 30 samples.
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Learn more by consulting www.pumaexploration.com for further information on Puma Exploration Inc.
Marcel Robillard, President
(418) 724-0901
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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 achievemen ts of Puma Exploration Inc. to be materially differ ent
from actual future results and achievements express ed or implied by such forward-looking statements.
Readers are cautioned not to place undue reliance o n 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 st atements. These risks and uncertainties are describ ed in
the quarterly and annual reports and in the documents submitted to the securities administration.