|By Marketwired .||
|January 28, 2014 05:00 PM EST|
RIMOUSKI, QUEBEC -- (Marketwired) -- 01/28/14 -- Puma Exploration (TSX VENTURE:PUM) is pleased to announce that the drill program at Turgeon Copper-Zinc Project has resumed. In December 2013, 5 holes were drilled and 8 more are planned for the current program.
In accordance with its compensation policy and stock option plan, on January 28, 2014, the board of directors of Puma Exploration (PUM-TSXV) has granted 2,725,000 stock options with an exercise price of $0.18, expiring on January 28, 2019, distributed as follows:
Directors 1,500,000 options Employees and service providers 1,225,000 options
About Puma Exploration
Puma Exploration is a Canadian mineral exploration company with advanced precious and base metals projects in Canada. The Company's major assets are the Nicholas-Denys Project and Turgeon Copper Project in New Brunswick and the Little Stull Lake Gold Project in Manitoba. Puma is focusing its exploration efforts in New Brunswick, Canada, which has been ranked as one of the top five places in the world to conduct mining exploration by the 2013 Fraser Institute Survey.
Learn more by clicking here: www.pumaexploration.com.
The contents of this press release were prepared by Marcel Robillard. a Qualified Person as defined in NI 43-101. Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Forward-Looking Statements: This press release may contain forward-looking statements. Such forward-looking statements involve a number of known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of Puma Exploration Inc. to be materially different from actual future results and achievements expressed or implied by such forward-looking statements. Readers are cautioned not to place undue reliance on these forward- looking statements which speak only as of the date the statements were made, except as required by law. Puma Exploration undertakes no obligation to publicly update or revise any forward-looking statements. These risks and uncertainties are described in the quarterly and annual reports and in the documents submitted to the securities administration.