Panther Minerals Announces Share Consolidation

(TheNewswire)

Vancouver, British Columbia –October 6, 2025 – TheNewswire - PantherMinerals Inc. (“ Panther Minerals ”or the “ Company ”) (CSE: PURR) (OTC: GLIOF) (FWB: 2BC) announces that the Company will beconsolidating all of its issued and outstanding common shares on thebasis of one (1) post-consolidated Share (each a " Post-Consolidated Common Share ") for every forty (40) pre-consolidated shares (each a" Pre - Consolidated CommonShare ") held (the " Consolidation ").The Consolidation is intended to make the Company more attractive topotential new investors.

The Consolidation was approved by shareholders at theCompany’s annual general and special meeting held on September 15,2025 and the Company's board of directors (the “ Board ”) approvedthe Consolidation on September 26, 2025. The Board has set October 10,2025 as the record date of the Consolidation. Trading of thePost-Consolidated Common Shares on the Canadian Securities Exchange(" CSE ") is expected to commence on or about October 14, 2025,subject to final approval by the CSE. The new CUSIP number will be69867J204 and the new ISIN number will be CA69867J2048. TheCompany's name and stock symbol will remain unchanged followingthe Consolidation.

As of the date hereof, the Company currently has50,991,754 Pre-Consolidated Common Shares issued and outstanding.Following completion of the Consolidation, the Company will haveapproximately 1,274,772 Shares issued and outstanding, subject toadjustments for rounding. No fractional Shares will be issued. Anyfractional share resulting from the consolidation will be rounded downto the nearest whole share.

In connection with the Consolidation, the exercise orconversion price and number of Shares issuable under any of theCompany’s outstanding convertible instruments (including warrantsand stock options) will be proportionately adjusted.

A letter of transmittal will be sent to registeredshareholders holding Shares in certificate or direct registration(DRS) form with instructions on how to exchange their existingcertificates or DRS statements for new certificates or DRS statementsrepresenting post-Consolidation Shares. Shareholders holding theirShares through a broker, bank, or other intermediary will have theirpositions automatically adjusted in accordance with theirintermediary’s processes.

About Panther Minerals Inc.

Panther Minerals is a mineral exploration company actively engagedin advancing a diversified portfolio of high-potential projects acrossNorth America. The Company remains committed to identifying andacquiring high-quality prospective uranium assets that can beefficiently explored and developed in a timely and responsiblemanner.

ON BEHALF OF THE BOARD OF DIRECTORS

Mr. Ram Kumar, Chief Executive Officer

For more information please visit: www.pantherminerals.ca or email info@pantherminerals.ca .

The CSE and Information ServiceProvider have not reviewed and does not accept responsibility for theaccuracy or adequacy of this release.

Forward-Looking Statements

This news release contains “forward-lookinginformation” within the meaning of applicable Canadian securitieslegislation. Often, but not always, forward-looking information can beidentified by the use of words such as “plans,” “expects,”“is expected,” “estimates,” “intends,” “anticipates,”“believes,” or variations of such words and phrases, or statementsthat certain actions, events, or results “may,” “could,”“would,” “might,” or “will” be taken, occur, or beachieved. Forward-looking information in this news release includesstatements regarding the expected effective date of the shareconsolidation, the commencement of trading of the post-consolidatedcommon shares, and the anticipated benefits of the consolidation,including making the Company more attractive to potential investors.These forward-looking statements are based on the expectations andbeliefs of management as of the date hereof and are subject to anumber of risks and uncertainties that may cause actual results orevents to differ materially from those expressed or implied by suchstatements. These risks and uncertainties include, among others, theability to obtain all necessary regulatory approvals, general marketand economic conditions, volatility in the capital markets, and otherrisks identified in the Company’s filings with Canadian securitiesregulators, which are available under the Company’s profile at www.sedarplus.ca . Although Panther Minerals believes that the assumptions andfactors used in preparing the forward-lookinginformation are reasonable, undue reliance should not be placed onsuch information, and there can be no assurance that such events willoccur within the disclosed time frames or at all. The forward-lookinginformation contained in this news release is made as of the datehereof, and Panther Minerals disclaims any obligation to update orrevise any forward-looking information, whether as a result of newinformation, future events, or otherwise, except as required byapplicable law.

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