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PURR.CN ·

Panther Minerals Announces Non-Brokered LIFE Offering and Concurrent Private Placement

Financings

Panther Minerals Announces Non-Brokered LIFE Offering

and Concurrent Private Placement

Vancouver, British Columbia / October 15, 2025 – Panther Minerals Inc. (“Panther Minerals” or

the “Company”) (CSE:PURR) (OTC:GLIOF) (FWB:2BC), a North American mineral acquisition and

exploration company, is pleased to is pleased to announce a non-brokered private placement of up to

627,000 units of the Company (each, a “Unit”) at a price of $0.16 per Unit for gross proceeds of up to

$100,320 (the “Offering”). Each Unit will consist of one common share in the capital of the Company (a

“Unit Share” and each common share in the capital of the Company, a “Common Share”) to be issued

pursuant to Part 5A (the “Listed Issuer Financing Exemption”) of National Instrument 45-106 –

Prospectus Exemptions (“NI 45-106”), and one Common Share purchase warrant (a “Warrant”) of the

Company to be issued under the “accredited investor” exemption or any other applicable exemptions from

any prospectus requirements as contained in NI 45-106. Each Warrant will entitle the holder thereof to

acquire one Common Share (a “Warrant Share”) at a price per Warrant Share of $0.16 for a period of 24

months from the date of issuance. The Warrants will be exercisable 60 days following the closing date of

the Offering.

Concurrent with the Offering, the Company also intends to complete a private placement offering (the

“Concurrent Private Placement”) of units (the “Private Placement Units”) at a price of $0.16 per Private

Placement Unit for minimum gross proceeds of $1,000,000 and maximum gross proceeds of up to

$2,200,000. The Private Placement Units will consist of one Common Share (a “Private Placement Unit

Share”) and one Common Share purchase warrant (each a “Private Placement Warrant”), with each

Private Placement Warrant entitling the holder thereof to acquire one Common Share (a “ Private

Placement Warrant Share”) at a price per Private Placement Warrant Share of $0.25 for a period of 24

months from the date of issuance.

Upon the valid exercise of a Private Placement Warrant at $0.25, the holder will automatically receive one

additional common share purchase warrant (a “Follow-On Warrant”), entitling the holder to purchase one

additional common share at a price of $0.50 per share for a period of 24 months from the date of issuance

of the Follow-On Warrant.

All securities issued under the Concurrent Private Placement, including any shares issuable upon exercise

of the Private Placement Warrants and Follow-On Warrants, will be subject to a statutory hold period of

four months and one day in accordance with applicable securities laws and the policies of the Canadian

Securities Exchange.

The Company intends to use the net proceeds raised from the Offering and Concurrent Private Placement

for general corporate and administrative purposes.

Subject to compliance with applicable regulatory requirements and in accordance with NI 45-106, the Unit

Shares issuable under the Offering will be offered for sale to purchasers resident in Canada, other than

Quebec, pursuant to the Listed Issuer Financing Exemption and will not be subject to resale restrictions in

accordance with applicable Canadian securities laws. The remaining securities issued under the Offering

and the Concurrent Private Placement, including the Warrant Shares and Private Placement Warrant Shares,

will be subject to a statutory hold period of four months following the closing of the Offering and

Concurrent Private Placement, as the case may be, pursuant to applicable securities law.

There is an offering document dated October 15, 2025, related to the Offering that can be accessed under

the Company’s profile at www.sedarplus.com. Prospective investors should read this offering document

before making an investment decision.

The closing of the Offering and Concurrent Private Placement will take place such date as the Company

may determine. Closing of the Offering and Concurrent Private Placement is subject to certain conditions

including, but not limited to, receipt of all necessary regulatory and exchange approvals. Closing of the

Offering is not conditional upon closing of the Concurrent Private Placement.

The securities have not been and will not be registered under the United States Securities Act of 1933, as

amended (the “U.S. Securities Act”), or any U.S. state securities laws, and may not be offered or sold in

the “United States” (as such term is defined in Regulation S under the U.S. Securities Act) unless registered

under the U.S. Securities Act and applicable U.S. state securities laws o r an exemption from such

registration is available. This news release shall not constitute an offer to sell or the solicitation of an offer

to buy nor shall there be any sale of the securities in any jurisdiction in which such offer, solicitation or sale

would be unlawful.

Finder’s fees may be payable in connection with the Offering to eligible finders in accordance with the

policies of the Canadian Securities Exchange (“CSE”).

About Panther Minerals Inc.

Panther Minerals Inc. is a North American mineral acquisition and exploration company focused on the

development of quality precious and base metal properties that are drill -ready with high-upside and

expansion potential. Panther Minerals trades on the CSE Exchange under the symbol PURR, the OTC under

the symbol GLIOF and in FWB under the symbol 2BC.

PANTHER MINERALS INC.

Ram Kumar, CEO and Director

For more information, please call 604-416-0569, email [email protected].

Neither the Canadian Securities Exchange nor its Regulation Services Provider accepts responsibility for

the adequacy or accuracy of this release.

Forward-looking statements:

This news release contains “forward-looking information” and “forward-looking statements” within the

meaning of applicable Canadian securities laws (collectively, “forward -looking statements”). All

statements, other than statements of historical fact, incl uded herein are forward-looking statements.

Forward-looking statements in this release include, but are not limited to, statements regarding the terms,

timing, and completion of the Offering and Concurrent Private Placement (including the minimum and

maximum amounts to be raised), the anticipated use of proceeds, receipt of regulatory and stock exchange

approvals, and the Company’ s future plans, objectives, and exploration activities. Forward-looking

statements are based on the reasonable assumptions, estimates, and opinions of management as of the date

such statements are made and are subject to known and unknown risks, uncertainties, and other factors

that may cause actual results, performance, or achievements to differ materially from those expressed or

implied by such forward-looking statements. These factors include, but are not limited to, risks related to

the Company’ s ability to complete the Offering and Concurrent Private Placement on the terms described

herein or at all, the receipt of necessary regulatory and exchange approvals, fluctuations in market

conditions, volatility in equity and capital markets, the speculative nature of mineral exploration and

development, environmental risks, reliance on key personnel, and changes in laws and regulations. There

can be no assurance that such forward-looking statements will prove to be accurate, as actual results and

future events may differ materially from those anticipated. Accordingly, readers are cautioned not to place

undue reliance on these forward-looking statements. Except as required by applicable securities laws, the

Company undertakes no obligation to update or revise any forward-looking statements contained herein to

reflect events or circumstances after the date hereof.