Panther Minerals Closes Fully Subscribed $2.3 Million LIFE Offering and Concurrent Private Placement

(TheNewswire)

Vancouver, British Columbia / TheNewswire / November 4, 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 announce the successful closingof its previously announced non-brokered listed issuer financingexemption offering (the “ LIFE Offering ”) and concurrent private placement (the “ Private Placement ” and,together with the LIFE Offering, the “ Financing ”), bothof which were fully subscribed, for total gross proceeds of$2,300,320.

The Company issued an aggregate of 627,000 units underthe LIFE Offering for total proceeds of $100,320, and 13,750,000 unitsunder the Private Placement for total proceeds of $2,200,000.

Each unit issued under the LIFE Offering consisted ofone (1) common share and one (1) common share purchase warrant, issuedpursuant to Part 5A of National Instrument 45-106 – Prospectus Exemptions (the “ Listed Issuer Financing Exemption ”). Eachwarrant issued under the LIFE Offering entitles the holder to acquireone (1) common share at a price of $0.21 per share for a period oftwenty-four (24) months from the date of issuance and is exercisablebeginning sixty (60) days following the closing date.

Each unit issued under the Private Placement consistedof one (1) common share and one (1) common share purchase warrant.Each warrant issued under the Private Placement entitles the holder toacquire one (1) common share at a price of $0.25 per share for aperiod of twenty-four (24) months from the date of issuance. Allsecurities issued under the Private Placement, including theunderlying shares, are subject to a statutory hold period of four (4)months and one (1) day in accordance with applicable securitieslaws.

The Company intends to use the net proceeds from theFinancing for general working capital and corporate purposes,including the advancement of its mineral projects and the repayment ofoutstanding obligations.

In connection with the Financing, the Company paid cashfinder’s fees of $7,022.40 and $140,980, respectively, to LeedeFinancial Inc. In addition, the Company issued 1,000,000 common shares(the “ Finder’s Shares ”) toLeede Financial Inc. as consideration for services rendered inconnection with the Financing. The Company also issued 43,890 brokerwarrants in relation to the LIFE Offering and 881,125 broker warrantsin relation to the Private Placement. Each broker warrant has the sameterms as the warrant issued under the respective offering.

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 877-305-4150, 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 anticipateduse of proceeds from the LIFE Offering and Private Placement, theCompany’s exploration plans, business objectives, and potentialfuture catalysts. 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, changes in financial markets, marketvolatility, the Company’s ability to execute its businessstrategies, regulatory risks, and other risk factors described in theCompany’s filings available at www.sedarplus.ca . There can be no assurance that suchforward-looking statements will prove to be accurate, as actualresults and future events may differ materially from thoseanticipated. Accordingly, readers are cautioned not to place unduereliance on these forward-looking statements. Except as required byapplicable securities laws, the Company undertakes no obligation toupdate or revise any forward-looking statements contained herein toreflect events or circumstances after the date hereof.

Copyright (c) 2025 TheNewswire - All rights reserved.