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PURR.CN ·

Panther Minerals Announces Private Placement of up to $1,000,000

Financings

NEWS RELEASE

PANTHER MINERALS ANNOUNCES PRIVATE

PLACEMENT OF UP TO $1,000,000

Vancouver, British Columbia / April 22, 2024 – Panther Minerals Inc. (“Panther Minerals” or the

“Company”) (CSE: PURR) (OTC: GLIOF) (FWB: 2BC) is pleased to announce its intention to complete

a non-brokered private placement of common shares in the capital of the Company priced at $0.20 (each, a

“Share”) per Share for a target amount of up to C$1,000,000 (the “Private Placement”).

All Shares issued as part of this offering will be subject to a standard four-month hold period from the date of

issue. The Company may close the offering in one or more tranches. Insider participation in the Private

Placement is not anticipated at this time.

About Panther Minerals Inc.

Panther Minerals Inc. is a mineral exploration company actively involved in the exploration of its North

American project portfolio. For more information please visit: www.pantherminerals.ca.

ON BEHALF OF THE BOARD OF DIRECTORS

Robert Birmingham Chief Executive Officer

Head Office Suite 600-1090 West Georgia Street, Vancouver, BC V6E 3V7

Telephone +1 (604) 416 0569

Website www.pantherminerals.ca

Email [email protected]

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

Forward-Looking Statements

Certain information in this news release may constitute "forward-looking" information that involves known and unknown risks,

uncertainties, future expectations and other factors which may cause the actual results, performance or achievements of the Company

or industry results, to be materially different from any future results, performance or achievements expressed or implied by such forward

looking information. When used in this news release, this information may include words such as "anticipate", "estimate", "may",

"will", "expect", "believe", "plan" and other terminology. This information reflects current expectations regarding future events and

operating performance and speaks only as of the date of this news release.

Forward-looking statements in this news release include, but are not limited to, the intention to complete the Private Placement; and

the future plans of the Company, business plans, objectives and strategy. Forward-looking statements are inherently risky and the

information and plans disclosed therein may not come to fruition as contemplated or at all.

Except as required by law, we assume no obligation to update or revise forward -looking information to reflect new events or

circumstances. Additional information is available in the Corporation’s Management Discussion and Analysis, which can be found on

SEDAR+ at www.sedarplus.ca.