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Puma Exploration Announces Resumption of Field Activities

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Puma Exploration (OTCQB: PUMXF) has announced the resumption of exploration operations at its properties in Northern New Brunswick following the lifting of the province's ban on mineral activities on Crown land. The ban was lifted on August 26, 2025, at 12:01 am, despite ongoing wildfire hazards in the region.

Additionally, the company held its 2025 Annual and Special Meeting where shareholders voted on key matters. The meeting saw participation from 33.9% of outstanding shares (60,924,037 common shares), with shareholders approving all items including director elections, auditor appointment, and a new stock option plan with approval rates ranging from 93.6% to 100%.

Puma Exploration (OTCQB: PUMXF) ha annunciato la ripresa delle attività esplorative sulle sue proprietà nel nord del New Brunswick dopo la revoca del divieto provinciale sulle attività minerarie nelle terre della Corona. Il divieto è stato revocato il 26 agosto 2025 alle 00:01, nonostante persistano rischi di incendi boschivi nella regione.

Inoltre la società ha tenuto la sua Assemblea annuale e straordinaria 2025, durante la quale gli azionisti hanno votato su questioni chiave. Hanno partecipato al voto il 33,9% delle azioni in circolazione (60.924.037 azioni ordinarie) e gli azionisti hanno approvato tutti i punti all’ordine del giorno, incluse le elezioni dei direttori, la nomina del revisore e un nuovo piano di opzioni su azioni, con tassi di approvazione compresi tra il 93,6% e il 100%.

Puma Exploration (OTCQB: PUMXF) ha anunciado la reanudación de las operaciones de exploración en sus propiedades del norte de New Brunswick tras la levantamiento de la prohibición provincial sobre actividades mineras en tierras de la Corona. La prohibición se levantó el 26 de agosto de 2025 a las 00:01, a pesar de que continúan los riesgos de incendios forestales en la región.

Además, la compañía celebró su Asamblea Anual y Extraordinaria 2025, en la que los accionistas votaron sobre asuntos clave. Participó en la votación el 33,9% de las acciones en circulación (60.924.037 acciones ordinarias) y los accionistas aprobaron todos los puntos, incluidas las elecciones de los directores, el nombramiento del auditor y un nuevo plan de opciones sobre acciones, con tasas de aprobación que oscilaron entre el 93,6% y el 100%.

Puma Exploration (OTCQB: PUMXF)� 주정부가 크라� 랜드� 광물 활동 금지� 해제함에 따라 뉴브런즈� 북부� 있는 자산에서 탐사 작업� 재개한다� 발표했습니다. 금지 조치� 2025� 8� 26� 00:01� 해제되었으며, 해당 지역에� 여전� 산불 위험� 존재합니�.

또한 회사� 2025 연례 � 임시 주주총회� 개최했으� 주주들은 주요 안건� 대� 투표했습니다. � 발행주식� 33.9% (60,924,037 보통�)가 의결� 행사� 참여했으�, 이사 선임, 감사� 선임, 신주식매수선택권 계획 � 모든 안건� 93.6%에서 100%� 찬성률로 승인되었습니�.

Puma Exploration (OTCQB: PUMXF) a annoncé la reprise des opérations d'exploration sur ses propriétés du nord du Nouveau-Brunswick suite à la levée de l'interdiction provinciale des activités minières sur les terres de la Couronne. L'interdiction a été levée le 26 août 2025 à 00h01, malgré les risques d'incendies de forêt toujours présents dans la région.

La société a également tenu sa réunion annuelle et extraordinaire 2025, au cours de laquelle les actionnaires ont voté sur des points clés. 33,9 % des actions en circulation (60 924 037 actions ordinaires) ont participé au vote et les actionnaires ont approuvé tous les points, y compris l'élection des administrateurs, la nomination du commissaire aux comptes et un nouveau plan d'options sur actions, avec des taux d'approbation compris entre 93,6 % et 100 %.

Puma Exploration (OTCQB: PUMXF) hat die Wiederaufnahme der Explorationsarbeiten auf seinen Grundstücken im Norden von New Brunswick bekanntgegeben, nachdem das Verbot der Provinz für mineralische Tätigkeiten auf Kronland aufgehoben wurde. Das Verbot wurde am 26. August 2025 um 00:01 aufgehoben, obwohl in der Region weiterhin Waldbrandrisiken bestehen.

Darüber hinaus hielt das Unternehmen seine Jahres- und Sonderversammlung 2025 ab, bei der die Aktionäre über wesentliche Angelegenheiten abstimmten. An der Abstimmung nahm 33,9% der ausstehenden Aktien (60.924.037 Stammaktien) teil, und die Aktionäre genehmigten alle Punkte, darunter die Wahl der Direktoren, die Bestellung des Abschlussprüfers und einen neuen Aktienoptionsplan, mit Zustimmungsraten zwischen 93,6% und 100%.

Positive
  • Immediate resumption of exploration activities following ban lift
  • Strong shareholder support with 93.6-100% approval rates for all AGM items
Negative
  • Ongoing extreme wildfire hazard in the region could potentially impact operations

Rimouski, Québec--(Newsfile Corp. - August 26, 2025) - Puma Exploration Inc. (TSXV: PUMA) (OTCQB: PUMXF) (the "Company" or "Puma") is pleased to announce that exploration operations have restarted at its properties in Northern New Brunswick. The province's ban on all mineral activities on Crown land was lifted this morning at 12:01 am.

Marcel Robillard, President and CEO, stated: "Although the extreme wildfire hazard still exists, we are grateful that the provincial government has decided to reopen Crown land to mineral exploration. Following the good news, we immediately dispatched staff back to the field. We want to extend a special thanks to all the frontline workers who kept New Brunswickers safe in the last weeks and who continue to effectively fight the province's blazes."

The Company will provide details of its upcoming work programs and an update on its summer activities in the coming days.

2025 Annual and Special Meeting of Shareholders

The Company's annual general meeting of shareholders was held earlier today via live webcast. A total of 60,924,037 common shares were voted at the AGM, representing 33.9% of the outstanding common shares of the Company.

Shareholders voted in favour of all items of business before the AGM, including the election of all director nominees, the appointment of the auditor, and the new stock option plan. The summary of the results of the vote is as follows:

Item Voted UponVotes For
Number%
Election of Marcel Robillard59,251,85599.4
Election of Richard Thibault59,580,63099.9
Election of Michel Fontaine59,572,28099.9
Election of Réjean Gosselin59,251,85599.4
Election of Mia Boiridy59,251,85599.4
Election of Jacques Dion59,580,63099.9
Appointment of Auditor60,523,882100.0
Approval of Stock Option Plan55,775,27393.6

 

About Puma's Assets in New Brunswick

Puma has accumulated an impressive portfolio of prospective gold landholdings strategically located close to roads and infrastructure in Northern New Brunswick, including the Williams Brook Project and the new McKenzie Gold Project. Both are located near the Rocky Brook Millstream Fault ("RBMF"), a major regional structure formed during the Appalachian Orogeny and a significant control for gold deposition in the region. Puma's work to date has focused on the Williams Brook property, but prospecting and surface exploration work on its other properties have confirmed their potential for significant gold mineralization.

About Puma Exploration

Puma Exploration is a Canadian mineral exploration company focused on identifying and developing a pipeline of precious metals projects in New Brunswick, near Canada's Renowned Bathurst Mining Camp. Puma has a long history in Northern New Brunswick, having worked on regional projects for over 15 years. Puma's successful exploration methodology, which combines traditional prospecting methods with detailed trenching and cutting-edge technologies such as Artificial Intelligence, has been instrumental in facilitating an understanding of the region's geology and associated mineralized systems. Armed with geophysical surveys, geochemical data, and consultants' expertise, Puma has developed a cost-effective exploration tool to discover gold at shallow depths and maximize drilling results.

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Visit for more information or contact:

Marcel Robillard, President and CEO.
(418) 750-8510; [email protected]

Mia Boiridy, Director and Head of Investor Relations.
(250) 575-3305; [email protected]

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Forward-Looking Statements: This press release may contain forward-looking statements. Such forward-looking statements involve several known and unknown risks, uncertainties, and other factors that may cause the actual results, performance, or achievements of Puma to differ materially from those expressed or implied by such forward-looking statements. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date the statements were made, except as required by law. Puma undertakes no obligation to publicly update or revise any forward-looking statements. The quarterly and annual reports and the documents submitted to the securities administration describe these risks and uncertainties.

To view the source version of this press release, please visit

FAQ

When did Puma Exploration (PUMXF) resume its exploration activities in New Brunswick?

Puma Exploration resumed exploration activities on August 26, 2025, at 12:01 am when the province's ban on mineral activities on Crown land was lifted.

What was the voter turnout at Puma Exploration's 2025 Annual General Meeting?

The AGM had a 33.9% turnout, with 60,924,037 common shares voted out of the total outstanding shares.

What items were approved at Puma Exploration's 2025 AGM?

Shareholders approved all items including the election of six directors, appointment of the auditor, and a new stock option plan, with approval rates between 93.6% and 100%.

What potential risks could affect Puma Exploration's operations in New Brunswick?

The company noted that extreme wildfire hazard still exists in the region, which could potentially impact their exploration operations.
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