Puma Exploration Closes Private Placements for $1,462,860

Puma Exploration (TSX VENTURE:PUM) announces the closing of two non-brokered
private-placement financings of flow-through units with qualified investors. The
company issued 6,965,999 units at an issue price of $0.21 per flow-through unit
for gross proceeds of $1,462,860. The flow-through units comprise one
flow-through common share and one-half of one common share purchase warrant.
Each full warrant will entitle its holder to acquire one additional common share
of Puma at a price of $0.30 for 24 months.


In connection with the flow-through private placements, the company has paid a
cash finder's fee of amount of $112,937 and issued 529,800 finder's warrants
that entitle the holder to acquire one additional common share of Puma at a
price of $0.21 for 24 months. All securities issued to purchaser and finder
under the offerings are subject to a four-month hold period from the date of
issuance of the securities, pursuant to applicable securities legislation and
the policies of the TSX Venture Exchange. The placements have received the
conditional approval of the TSX Venture Exchange.


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.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Marcel Robillard. President
Puma Exploration
(418) 724-0901
president@explorationpuma.com


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