Panther Minerals arranges private placements

Mr. Ram Kumar reports PANTHER MINERALS ANNOUNCES NON-BROKERED LIFE OFFERING AND CONCURRENT PRIVATE PLACEMENT Panther Minerals Inc. has arranged a non-brokered private placement of up to 627,000 units of the company (each, a unit at a price of 16 cents per unit for gross proceeds of up to $100,320). Each unit will consist of one common share in the capital of the company (a unit share and each common share in the capital of the company, a common share to be issued pursuant to Part 5A (the Listed Issuer Financing Exemption of National Instrument 45-106 -- Prospectus Exemptions, and one common share purchase warrant (a warrant of the company to be issued under the accredited investor exemption or any other applicable exemptions from any prospectus requirements as contained in NI 45-106. Each warrant will entitle the holder thereof to acquire one common share (a warrant share at a price per warrant share of 16 cents for a period of 24 months from the date of issuance. The warrants will be exercisable 60 days following the closing date of the offering. Concurrent with the offering, the company also intends to complete a private placement offering of units at a price of 16 cents per private placement unit for minimum gross proceeds of $1-million and maximum gross proceeds of up to $2.2-million. The private placement units will consist of one common share, a private placement unit share and one common share purchase warrant, with each private placement warrant entitling the holder thereof to acquire one common share at a price per private placement warrant share of 25 cents for a period of 24 months from the date of issuance. Upon the valid exercise of a private placement warrant at 25 cents, the holder will automatically receive one additional common share purchase warrant (a follow-on warrant, entitling the holder to purchase one additional common share at a price of 50 cents per share for a period of 24 months from the date of issuance of the follow-on warrant). All securities issued under the concurrent private placement, including any shares issuable upon exercise of the private placement warrants and follow-on warrants, will be subject to a statutory hold period of four months and one day in accordance with applicable securities laws and the policies of the Canadian Securities Exchange. The company intends to use the net proceeds raised from the offering and concurrent private placement for general corporate and administrative purposes. Subject to compliance with applicable regulatory requirements and in accordance with NI 45-106, the unit shares issuable under the offering will be offered for sale to purchasers resident in Canada, other than Quebec, pursuant to the listed issuer financing exemption and will not be subject to resale restrictions in accordance with applicable Canadian securities laws. The remaining securities issued under the offering and the concurrent private placement, including the warrant shares and private placement warrant shares, will be subject to a statutory hold period of four months following the closing of the offering and concurrent private placement, as the case may be, pursuant to applicable securities law. There is an offering document dated Oct. 15, 2025, related to the offering that can be accessed under the company's profile at SEDAR+. Prospective investors should read this offering document before making an investment decision. The closing of the offering and concurrent private placement will take place such date as the company may determine. Closing of the offering and concurrent private placement is subject to certain conditions including, but not limited to, receipt of all necessary regulatory and exchange approvals. Closing of the offering is not conditional upon closing of the concurrent private placement. Finders' fees may be payable in connection with the offering to eligible finders in accordance with the policies of the Canadian Securities Exchange. About Panther Minerals Inc. Panther Minerals is a North American mineral acquisition and exploration company focused on the development of quality precious and base metal properties that are drill-ready with high-upside and expansion potential. We seek Safe Harbor.