Puma Exploration Inc. announced a strategic property acquisition, the "Moose Brook property." The 28 claims (608 ha) fill a gap in the 100%-owned Williams Brook property, strengthening position in the region. Puma Exploration is the biggest landholder in Northern New Brunswick and the most active exploration in the area. "This acquisition further adds to considerable ground position in Northern New Brunswick.

This strategic acquisition is a testament to commitment to maximizing shareholder value while minimizing expenditure and share dilution. The low-cost exploration strategies are most effective when the properties worked are located close to each other, accessible by road, within driving distance from a town, and can be worked all year round.