Puma Creates New Strategic Advisory Board and Strengthens Its Board of Directors With Mining Industry Experts - Seite 2

REJEAN GOSSELIN - DIRECTOR
Mr. Gosselin graduated from Laval University in 1979 with a M.Sc. in Geology and started working on uranium, gold, and base metals exploration projects in Canada, United States, and South America. For the past 35 years, Rejean acted as founder and promoter of many junior mining companies exploring for different commodities in Canada, Mexico, Africa and South America. He and his team at the time, were responsible for discovering gold and NiCuPGE in Canada, ZnCuAg in Mexico, and Ag in Morocco. Recent involvements included serving as President and Chief Executive Officer of Diabras Exploration (now Sierra Metals), as Chief Executive Officer and Chairman of Maya Gold and Silver, and most recently as President and Chief Executive Officer of Origin Gold Corporation. Mr.Gosselin will join the Board of Directors immediately.

MICHEL FONTAINE - DIRECTOR
Michel Fontaine graduated in administration from the University of Laval, he was Vice-President of Diagnos from 2005 to 2017, director of Metanor Resources Inc. from 2014 to 2017, director of Majescor Resources Inc. from 2015 to 2017, President and Chief Executive Officer of Albert Mining Inc. from 2017 to 2019. Currently, he is a director of Everton Resources Inc and President and Chief Executive Officer of Windfall Geotek Inc. Windfall Geotek (formerly Albert Mining) is a Canadian corporation offering a proven and industry-leading digital platform leveraging Artificial Intelligence (AI) technologies to significantly improve outcomes in the exploration, development, operations, and financing of geologically focused projects. Mr. Fontaine has been added to the slate of Director to join the Board of Director at the AGM on September 03, 2020.

GRANT OF OPTIONS
Puma, pursuant to its Stock Option Plan and subject to regulatory acceptance, has granted an aggregate total of 375,000 incentive stock options to certain directors, advisory and consultants of the Company, vesting immediately.  These options will be exercisable at a price of $0.15 per common share and will expire on August 12, 2025.

TRIPLE FAULT GOLD AREA

Puma is currently focusing its field work on its flagship TRIPLE FAULT GOLD PROJECT in New Brunswick. The initial phase of the program incorporates large detailed prospecting, mapping, trenching, and stripping focused over the entire Williams Brook Gold property of the Triple Fault Gold Project. The Williams Brook Gold property includes selected drill results of 11.2 g/t over 2.8m, 1.0 g/t over 23 m, gold occurrences grading up to 50.8 g/t Au in bedrock, numerous gold soil anomalies and extremely anomalous till samples with up to 508 gold grains that occur over an area approximately 12 by 3 kilometres.