Panther Minerals Announces CEO Transition and Debt Settlement

Management Changes - Mr. Robert Birmingham has stepped down as Chief Executive Officer of Panther Minerals Inc., effective immediately [1] - Mr. Birmingham has been appointed as an independent director on the board, effective immediately [2] - The company has initiated a search for a new Chief Executive Officer and will provide updates as the process progresses [3] Debt Settlement - Panther Minerals has entered into a debt settlement agreement to settle outstanding debts totaling $14,785.71 with an arms-length creditor [4] - The company will issue 924,106 shares at a deemed price of$0.016 per share as part of the debt settlement [4] - The shares issued will be subject to a hold period of four months and one day [4] Financial Strategy - The board of directors believes completing the debt settlement is in the best interests of the company to preserve cash for working capital [5] Company Overview - Panther Minerals is a mineral exploration company focused on its North American project portfolio, particularly in high-quality uranium projects [6]