Panther Minerals Announces Non-Brokered LIFE Offering and Concurrent Private Placement

(TheNewswire)

Vancouver, British Columbia – TheNewswire - October 15, 2025 – Panther Minerals Inc.(“Panther Minerals” or the “Company”) (CSE:PURR) (OTC:GLIOF)(FWB:2BC) , a North American mineral acquisitionand exploration company, is pleased to is pleased to announce anon-brokered private placement of up to 627,000 units of the Company(each, a “ Unit ”) at a price of $0.16 per Unit for gross proceeds of up to$100,320 (the “ Offering ”). Each Unit will consist of onecommon share in the capital of the Company (a “ Unit Share ” andeach common share in the capital of the Company, a “ Common Share ”) tobe issued pursuant to Part 5A (the “ Listed Issuer FinancingExemption ”) of National Instrument 45-106 – ProspectusExemptions (“ NI 45-106 ”), andone Common Share purchase warrant (a “ Warrant ”) of theCompany to be issued under the “accredited investor” exemption orany other applicable exemptions from any prospectus requirements ascontained in NI 45-106. Each Warrant will entitle the holder thereofto acquire one Common Share (a “ Warrant Share ”) ata price per Warrant Share of $0.16 for a period of 24 months from thedate of issuance. The Warrants will be exercisable 60 days followingthe closing date of the Offering.

Concurrent with the Offering, the Company also intendsto complete a private placement offering (the “ Concurrent Private Placement ”) of units (the “ Private Placement Units ”) at a price of$0.16 per Private Placement Unit for minimum gross proceeds of$1,000,000 and maximum gross proceeds of up to $2,200,000. The PrivatePlacement Units will consist of one Common Share (a “ Private Placement Unit Share ”) and oneCommon Share purchase warrant (each a “ Private Placement Warrant ”), with each Private Placement Warrant entitling theholder thereof to acquire one Common Share (a “ Private Placement Warrant Share ”) at a price per Private Placement Warrant Share of $0.25for a period of 24 months from the date of issuance.

Upon the valid exercise of a Private Placement Warrantat $0.25, the holder will automatically receive one additional commonshare purchase warrant (a “ Follow-On Warrant ”), entitling the holder topurchase one additional common share at a price of $0.50 per share fora period of 24 months from the date of issuance of the Follow-OnWarrant.

All securities issued under the Concurrent PrivatePlacement, including any shares issuable upon exercise of the PrivatePlacement Warrants and Follow-On Warrants, will be subject to astatutory hold period of four months and one day in accordance withapplicable securities laws and the policies of the Canadian SecuritiesExchange.

The Company intends to use the net proceeds raised fromthe Offering and Concurrent Private Placement for general corporateand administrative purposes.

Subject to compliance with applicable regulatoryrequirements and in accordance with NI 45-106, the Unit Sharesissuable under the Offering will be offered for sale to purchasersresident in Canada, other than Quebec, pursuant to the Listed IssuerFinancing Exemption and will not be subject to resale restrictions inaccordance with applicable Canadian securities laws. The remainingsecurities issued under the Offering and the Concurrent PrivatePlacement, including the Warrant Shares and Private Placement WarrantShares, will be subject to a statutory hold period of four monthsfollowing the closing of the Offering and Concurrent PrivatePlacement, as the case may be, pursuant to applicable securitieslaw.

There is an offering document dated October 15, 2025,related to the Offering that can be accessed under the Company’sprofile at www.sedarplus.com . Prospective investors should read this offering documentbefore making an investment decision.

The closing of the Offering and Concurrent PrivatePlacement will take place such date as the Company may determine.Closing of the Offering and Concurrent Private Placement is subject tocertain conditions including, but not limitedto, receipt of all necessary regulatory and exchange approvals.Closing of the Offering is not conditional upon closing of theConcurrent Private Placement.

The securities have not been and will not be registeredunder the United States Securities Act of 1933, as amended (the“ U.S. SecuritiesAct ”), or any U.S. state securities laws, andmay not be offered or sold in the “United States” (as such term isdefined in Regulation S under the U.S. Securities Act) unlessregistered under the U.S. Securities Act and applicable U.S. statesecurities laws or an exemption from such registration is available.This news release shall not constitute an offer to sell or thesolicitation of an offer to buy nor shall there be any sale of thesecurities in any jurisdiction in which such offer, solicitation orsale would be unlawful.

Finder’s fees may be payable in connection with theOffering to eligible finders in accordance with the policies of theCanadian Securities Exchange (“ CSE ”).

About Panther Minerals Inc.

Panther Minerals Inc. is a North American mineralacquisition and exploration company focused on the development ofquality precious and base metal properties that are drill-ready withhigh-upside and expansion potential. Panther Minerals trades on theCSE Exchange under the symbol PURR, the OTC under the symbol GLIOF andin FWB under the symbol 2BC.

PANTHER MINERALS INC.

Ram Kumar, CEO and Director

For more information, please call 604-416-0569, email info@pantherminerals.ca .

Neither the Canadian SecuritiesExchange nor its Regulation Services Provider accepts responsibilityfor the adequacy or accuracy of this release.

Forward-looking statements:

This news release contains“forward-looking information” and “forward-looking statements”within the meaning of applicable Canadian securities laws(collectively, “forward-looking statements”). All statements,other than statements of historical fact, included herein areforward-looking statements. Forward-looking statements in this releaseinclude, but are not limited to, statements regarding the terms,timing, and completion of the Offering and Concurrent PrivatePlacement (including the minimum and maximum amounts to be raised),the anticipated use of proceeds, receipt of regulatory and stockexchange approvals, and the Company’s future plans, objectives, andexploration activities. Forward-looking statements are based on thereasonable assumptions, estimates, and opinions of management as ofthe date such statements are made and are subject to known and unknownrisks, uncertainties, and other factors that may cause actual results,performance, or achievements to differ materially from those expressedor implied by such forward-looking statements. These factors include,but are not limited to, risks related to the Company’s ability tocomplete the Offering and Concurrent Private Placement on the termsdescribed herein or at all, the receipt of necessary regulatory andexchange approvals, fluctuations in market conditions, volatility inequity and capital markets, the speculative nature of mineralexploration and development, environmental risks, reliance on keypersonnel, and changes in laws and regulations. There can be noassurance that such forward-looking statements will prove to beaccurate, as actual results and future events may differ materiallyfrom those anticipated. Accordingly, readers are cautioned not toplace undue reliance on these forward-looking statements. Except asrequired by applicable securities laws, the Company undertakes noobligation to update or revise any forward-looking statementscontained herein to reflect events or circumstances after the datehereof.

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