Puma Exploration Announces Appointment of New Chief Financial Officer
October 09 2024 - 8:00AM
Puma Exploration Inc. (TSXV: PUMA, OTCQB: PUMXF) (the “Company” or
“Puma”) announces that it has hired SKTM Financial Corporation Ltd.
to provide corporate finance, accounting, and administrative
support, and is pleased to announce the appointment of Mr. Martin
Nicoletti, CPA as Chief Financial Officer ("CFO") effective
immediately.
Mr. Nicoletti is a certified public accountant
with 35 years of experience managing public companies, advising on
capital market transactions, and providing financial stewardship.
As President of Montreal-based SKTM Financial Corporation Ltd., he
brings a proven track record of strategic financial consulting,
accounting, auditing and financial compliance services to his
clients. He is currently the CFO of several publicly listed mining
and mineral exploration companies. Mr. Nicoletti graduated with a
Bachelor of Business Administration (Option Accounting) from the
Université du Quebec in Trois-Rivières.
Mr. Nicoletti succeeds Mrs. Ginette Brisson who
retired. The Board and management would like to take this
opportunity to thank Ginette for her dedication and significant
contributions to Puma since the listing of the Company in 2003 and
wish her all the best in her retirement.
Marcel Robillard, Puma’s President and CEO,
stated, “I am very pleased to welcome Martin to Puma. He
brings a wealth of experience in all aspects of a junior
resource company operations that will be instrumental as we
continue to develop our Williams Brook Gold Project and our assets
in northern New Brunswick. We'll miss Ginette, who has been with
the Company since 2003. I wish her well in her retirement. Martin’s
firm, SKTM, is taking over all accounting responsibilities and the
transition is expected to go smoothly.”
The Board of Directors has accepted the
recommendations of the Compensation Committee and has granted a
total of 150,000 incentive stock options to Mr. Nicoletti under the
Company's stock option plan. The options are exercisable for two
years at a price of $0.11 per share and are subject to the policies
of the TSX Venture Exchange.
About Puma Exploration
Puma Exploration is a Canadian-based mineral
exploration company with precious metals projects in New Brunswick,
near Canada's Famous Bathurst Mining Camp. Puma has a long history
in Northern New Brunswick, having worked on regional projects for
over 15 years. As a first mover, the Company quickly and
strategically accumulated an impressive portfolio of prospective
gold landholdings in the area. Puma’s successful exploration
methodology, which combines old prospecting methods with detailed
trenching and up-to-date technology such as Artificial
Intelligence, has been instrumental in facilitating an
understanding of the geology and associated mineralized systems.
Armed with geophysical surveys, geochemical data and consultants’
expertise, Puma has developed a perfect low-cost exploration tool
to discover gold at shallow depths and maximize drilling
results.
The Company is also committed to deploying its
DEAR strategy (Development.
Exploration. Acquisition. and
Royalties) to generate maximum value for
shareholders with low share dilution.
Connect with us on Facebook / X/ LinkedIn.Visit
www.explorationpuma.com for more information or contact:
Marcel Robillard, President and
CEO. (418) 750-8510; president@explorationpuma.com
Mia Boiridy, Head of Investor Relations and
Corporate Development. (250) 575-3305;
mboiridy@explorationpuma.com
Neither the 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 several known and unknown risks, uncertainties,
and other factors that may cause the actual results, performance,
or achievements of Puma 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 undertakes no obligation to publicly update or revise any
forward-looking statements. The quarterly and annual reports and
the documents submitted to the securities administration describe
these risks and uncertainties.
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