Puma Exploration Inc.

Puma Exploration Inc.

June 22, 2009 16:35 ET

Puma Exploration: Allocation of Stock Options

RIMOUSKI, QUEBEC--(Marketwire - June 22, 2009) - In accordance with its compensation policy and stock option plan, on June 19, 2009, the board of directors of Exploration Puma (TSX VENTURE:PUM) granted 2,100,000 stock options with an exercise price of $0.10, expiring on June 19, 2014, distributed as follows:

Directors 1,300,000 options
Employees and service providers 500,000 options
Christian Guilbaud, the Company's
public relations officer 300,000 options

The options granted to the public relations officer are acquired gradually over a 12-month period at a rate of one quarter of the options over the given quarter in compliance with policy 4.4 of the TSX Venture Exchange.

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."

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