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Puma Exploration Raises $922,200 In Non-Brokered Private Placement

Dec 30, 2021•over 3 years ago

Amount Raised

$922,000

Round Type

seed

HerzogenaurachRetail

Description

Puma Exploration Inc. (TSXV: PUMA, OTC: PUXPF), (the "Company" or "Puma") is pleased to announce that, further to the closing of its brokered C$5M private placement announced on December 17, 2021, it has closed a non-brokered private placement ("the Offering") of hard dollar units (the "Units") for total gross proceeds of C$922,200. As part of the Offering, the Company issued 2,305,500 Units at the price of C$0.40 per Unit, with each Unit comprising one common share and one-half common share purchase warrant. Each warrant entitles the holder to acquire one common share of the Company at C$0.65 per share until December 30, 2023.

Company Information

Company

Puma

Location

Herzogenaurach, Bavaria, Germany

About

At PUMA, we are in constant pursuit of faster. That extends beyond our support of the fastest athletes in the world. We also work to be fast in how we adapt to and connect with the constantly changing world around us. Through innovative design, iconic footwear and apparel, and authentic partnerships, we aim to always push what’s next in both sport and culture. That hustler’s spirit can be felt across PUMA categories, partnerships, offices, and countries. And we are always in search of talent that can help us set the pace at which sport and culture collide, as well as finding better ways to connect and collaborate with our communities. PUMA supports over 20,000 employees across 120+ countries. The PUMA Group owns the brand PUMA, Cobra Golf and stichd, and is headquartered in Herzogenaurach, Germany.

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