Mr. David Beck reports

PANTHER MINERALS TERMINATES OPTION AGREEMENT FOR BOULDER CREEK URANIUM PROJECT

Panther Minerals Inc. has formally terminated its option to acquire the Boulder Creek uranium property, located in the Cape Nome district of Alaska, and has returned all associated claims to Tubutulik Mining Company LLC.

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 quit claim 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.

We seek Safe Harbor.