Panther Minerals Terminates Option Agreement for Boulder Creek Uranium Project
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NEWS RELEASE
PANTHER MINERALS TERMINATES OPTION AGREEMENT FOR BOULDER CREEK
URANIUM PROJECT
Vancouver, British Columbia – July 11, 2025 - Panther Minerals Inc. (“Panther Minerals” or the
“Company”) (CSE: PURR) (OTC: GLIOF) (FWB: 2BC) announces that it has formally terminated its option
to acquire the Boulder Creek uranium property, located in the Cape Nome District of Alaska (the “Boulder
Creek Project”), and has returned all associated claims to Tubutulik Mining Company LLC (“Tubutulik”).
The option agreement, originally entered into on April 13, 2024, automatically terminated on June 15, 2025,
following Panther’s decision not to proceed with the required annual option payment. The Company has
executed and delivered a quitclaim deed in favour of Tubutulik, formally relinquishing all of its rights and
interests in the 140 Alaska State mining claims staked as part of the Boulder Creek Project.
The Boulder Creek Project was an early-stage uranium exploration project located in a region with historical
uranium activity. Since entering the agreement, the Company completed initial assessments, data
compilation, and site review activities but elected not to proceed to the next stage of exploration due to
seasonal, logistical, and capital considerations.
Panther remains committed to advancing its other high-potential exploration assets across North America
and will continue to update shareholders as new developments arise.
About Panther Minerals Inc.
Panther Minerals is a mineral exploration company actively involved in the exploration of its North American
project portfolio. The acquisition of the Boulder Creek option reflects the Company's continuing intention of
pursuing advanced, high-quality prospective uranium projects that can be readily worked on and efficiently
explored in a timely manner.
ON BEHALF OF THE BOARD OF DIRECTORS
Mr. David Beck, Chief Financial Officer and Corporate Secretary
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 identified by the use of words such as “plans”,
“expects” or “does not expect”, “is expected”, “estimates”, “intends”, “anticipates” or “does not anticipate”, or “believes”,
or variations of such words and phrases or state 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 statements regarding the Company’s decision to terminate its option on the Boulder Creek
Project, the strategic rationale for reallocating resources away from the Boulder Creek Project to other properties within
the Company’s portfolio, and the Company’s intention to advance exploration on its remaining projects in North
America. These statements reflect management's current expectations based on information presently available and
are subject to a number of risks and uncertainties that may cause outcomes to differ materially from those discussed
in the forward-looking information. Such risk factors may include, among others, but are not limited to: general 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
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to access to capital and the availability of financing on reasonable terms; and the Company’s ability to successfully
execute on its revised exploration strategy. 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.