Mr. Marcel Robillard reports

PUMA EXPLORATION EXTENDS WARRANTS

Puma Exploration Inc. has proposed to extend the expiry date of 13,643,569 outstanding share purchase warrants that were issued pursuant to a private placement completed on Feb. 1, 2017, and Feb. 24, 2017. Each warrant entitles the holder to purchase one common share in the capital of the company at a price of 15 cents per share for a period of 24 months from the date of issuance, which expires on Feb. 1, 2019, and Feb. 24, 2019. Subject to TSX Venture Exchange approval, the expiration of these warrants will be extended to Dec. 31, 2019. All other terms of the warrants will remain the same.

Qualified persons

Technical information provided in this news release was prepared and reviewed by Marcel Robillard, professional geoscientist, president, and Dominique Gagne, professional geoscientist, vice-president of exploration at Puma, qualified persons as defined by National Instrument 43-101. Mr. Robillard and Mr. Gagne are not independent of the company, as both are officers and shareholders thereof.

About Puma Exploration Inc.

Puma is a Canadian mineral exploration company with advanced precious and base metals projects in Canada. The company's major assets comprise an option to acquire 100-per-cent beneficial interest in the Murray Brook property, the Turgeon zinc-copper project and the Nicholas-Denys project, all located in New Brunswick. Additionally, Puma owns an equity interest in BWR Resources. Puma's objective is to focus its exploration efforts in New Brunswick.

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