Puma Creates New Strategic Advisory Board and Strengthens Its Board of Directors With Mining Industry Experts

RIMOUSKI, Quebec, Aug. 12, 2020 (GLOBE NEWSWIRE) -- Puma Exploration Inc., PUMA-TSXV, (“Puma”) is pleased to announce the nomination of Mackenzie (Mac) Watson as a member of the new Strategic Advisory Board, and the appointment of Rejean Gosselin and Michel Fontaine, two seasoned mining professionals, to Puma’s Board of Directors. The Company is building a premier management-advisory team and Board of Directors to accelerate exploration on the Company's flagship Triple Fault Gold Project as well as value creation with the Company's other assets in New Brunswick, Atlantic Province of Canada.

STRATEGIC CORPORATE UPDATES

MACKENZIE (MAC) WATSON - STRATEGIC ADVISORY BOARD
Mr. Watson, B.Sc., P.Eng., has over 50 years of experience in exploration, development, and operations in the mining industry. Mr. Watson has spent his career in the junior mining sector, notably served as Chief Executive Officer of Lynx Canada Exploration Ltd. until 1985 and as Chief Executive Officer of Freewest Resources Canada Inc. from 1985 until its acquisition by Cliffs Natural Resources in 2010. Mr. Watson is the first person to have received the Bill Dennis Award for a Canadian Discovery or Prospecting Success twice: a first time in 1991 for numerous discoveries; and again in 2009 as part of the team responsible for chromite discoveries in the Ring of Fire. He was also awarded the Quebec Prospector of the Year Award in 1992 for his participation in the discovery of the Pusticamica and Verneuil gold deposits in Quebec. In January 2015, Mr. Watson was inducted into the Canadian Mining Hall of Fame.

His impressive track record includes involvement in the discovery of the Clarence Stream property, being developed by Galways Metals (GWM.V) in southern New Brunswick. He also provides leadership and support to junior companies and industry associations. “Mr. Watson's impressive career is particularly relevant to Puma's new strategy, having discovered and explored the Clarence Stream property, being developed by Galways Metals in southern New Brunswick. His advice will help Puma develop its assets, particularly the ones located in New Brunswick.” Notes Marcel Robillard, President and CEO of Puma Exploration.