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Panther Minerals Closes Fully Subscribed $2.3 Million LIFE Offering and Concurrent Private Placement



Panther Minerals Inc.

 

Vancouver, British Columbia / TheNewswire / November 4, 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 announce the successful closing of its previously announced non-brokered listed issuer financing exemption offering (the “LIFE Offering”) and concurrent private placement (the “Private Placement” and, together with the LIFE Offering, the “Financing”), both of which were fully subscribed, for total gross proceeds of $2,300,320.

The Company issued an aggregate of 627,000 units under the LIFE Offering for total proceeds of $100,320, and 13,750,000 units under the Private Placement for total proceeds of $2,200,000.

Each unit issued under the LIFE Offering consisted of one (1) common share and one (1) common share purchase warrant, issued pursuant to Part 5A of National Instrument 45-106 – Prospectus Exemptions (the “Listed Issuer Financing Exemption”). Each warrant issued under the LIFE Offering entitles the holder to acquire one (1) common share at a price of $0.21 per share for a period of twenty-four (24) months from the date of issuance and is exercisable beginning sixty (60) days following the closing date.

Each unit issued under the Private Placement consisted of one (1) common share and one (1) common share purchase warrant. Each warrant issued under the Private Placement entitles the holder to acquire one (1) common share at a price of $0.25 per share for a period of twenty-four (24) months from the date of issuance. All securities issued under the Private Placement, including the underlying shares, are subject to a statutory hold period of four (4) months and one (1) day in accordance with applicable securities laws.

The Company intends to use the net proceeds from the Financing for general working capital and corporate purposes, including the advancement of its mineral projects and the repayment of outstanding obligations.

In connection with the Financing, the Company paid cash finder’s fees of $7,022.40 and $140,980, respectively, to Leede Financial Inc. In addition, the Company issued 1,000,000 common shares (the “Finder’s Shares”) to Leede Financial Inc. as consideration for services rendered in connection with the Financing. The Company also issued 43,890 broker warrants in relation to the LIFE Offering and 881,125 broker warrants in relation to the Private Placement. Each broker warrant has the same terms as the warrant issued under the respective offering.

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 877-305-4150, email info@pantherminerals.ca.  

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, included herein are forward-looking statements. Forward-looking statements in this release include, but are not limited to, statements regarding the anticipated use of proceeds from the LIFE Offering and Private Placement, the Company’s exploration plans, business objectives, and potential future catalysts. 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, changes in financial markets, market volatility, the Company’s ability to execute its business strategies, regulatory risks, and other risk factors described in the Company’s filings available at www.sedarplus.ca. 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.