The TSX Venture Exchange has accepted for filing documentation relating to a property acquisition agreement between Puma Exploration Inc. and an arm's-length party. Pursuant to the agreement, the company shall acquire a 100-per-cent interest in 28 mining claims comprising the Moose Brook property in northern New Brunswick.

Consideration:  at closing (already issued), $5,000 and 225,000 common shares; upon positive preliminary economic assessment, $25,000; upon positive feasibility study, $50,000; upon beginning commercial production, $100,000

The seller will retain a 2-per-cent net smelter return royalty, the first half of which (a 1-per-cent royalty) may be repurchased by the company for a sum of $1-million and the company retains the right of first refusal on the remaining 1 per cent.

For further details, please refer to the company's news release dated July 9, 2024.