Board Change • Aug 11
Less than half of directors are independent There are 5 new directors who have joined the board in the last 3 years. Of these new board members, none were independent directors. The company's board is composed of: 5 new directors. 1 experienced director. No highly experienced directors. 1 independent director (4 non-independent directors). Independent Director James Tworek is the most experienced director on the board, commencing their role in 2023. They were also the last independent director to join the board. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Lack of experienced directors. Announcement • Jun 17
Panther Minerals Inc. announced that it expects to receive CAD 3 million in funding Panther Minerals Inc. has announced non-brokered private placement to issue 6,000,000 units at an issue price of CAD 0.25 per per unit for gross proceeds of up to CAD 1,500,000 and 6,000,000 special warrants of the company at the price of CAD 0.25 per per unit for gross proceeds of up to CAD 1,500,000 for total aggregates of CAD 3,000,000 on June 16, 2025. Each unit is comprised of one common share and one common share purchase warrant. Each warrant will entitle the holder to purchase one common share of the company at a price of CAD 0.33 per share for a period of 24 months following the closing date of the private placement. Each Special Warrant will be convertible without payment of any additional consideration into one Common Share and one Warrant on the earlier of the issuance of a receipt for the Company’s final prospectus filed in the applicable Canadian jurisdictions qualifying the distribution of the Common Shares and Warrants issuable upon conversion of the Special Warrants the date that is four months and one day after the Closing Date. Each Warrant issuable upon conversion of a Special Warrant will be exercisable to acquire one additional Common Share at an exercise price of CAD 0.33 per Common Share for a period of 24 months from the Closing Date. In connection with the Offering the company has agreed to provide the Agent with the following compensation a cash commission equal to 7% of the aggregate gross proceeds of the offering non transferable warrants equal to 7% of the aggregate number of units and Special Warrants sold under the offering, each exercisable to acquire one Common Share at a price of CAD 0.25 per Common Share for a period of 24 months from the Closing Date and a corporate finance fee in connection with the Offering as set out in the agency agreement between the Company and the Agent. The agent may assemble a selling group in connection with the Offering. All securities issued pursuant to the private placement will be subject to a statutory four-month-plus-one day hold period. The completion of the private placement is subject to the receipt of all required regulatory approvals, including approval from the CSE. The offering is expected to close on or about July 7, 2026 and may close in one or more tranches. Announcement • Jun 11
Panther Minerals Inc. Announces Appointment of Harrison Glancy to Board of Directors, Effective June 10, 2026 Panther Minerals Inc. announced the appointment of Mr. Harrison Glancy, to its Board of Directors, effective immediately. Mr. Glancy brings extensive experience in capital markets, mergers and acquisitions, and corporate finance across a broad range of sectors, including mining, technology, renewable energy, life sciences, and infrastructure. Most recently, Mr. Glancy was a member of the investment banking practice at Haywood Securities Inc., where he advised on capital raising and capital markets transactions. Prior to Haywood, Mr. Glancy held roles in merchant banking and corporate development, including with Lara Exploration Inc., where he oversaw transaction evaluation and corporate strategy. Mr. Glancy holds a Bachelor of Arts (Honours) in Applied Economics from Queen's University. 
