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PANTHER METALS PLC

("Panther" or the "Company")

(Incorporated in the Isle of Man with company number 009753V)

 20^th September 2021

Dotted Lake - Appointment of Drilling Contractor

Panther Metals PLC (LSE:PALM) the company focused on mineral exploration in Canada and Australia, is pleased to announce that it has engaged Niigaani Drilling Incorporated of Thunder Bay, Canada, to undertake the company's planned drilling programme at its 100% owned Dotted Lake property in Ontario, Canada.

Darren Hazelwood, Chief Executive Officer, commented:

"Following Panther's site visit early last week, where the company confirmed the completion of the required access trail to the planned drill hole location at our 100% owned Dotted Lake property, we have now appointed Niigaani Drilling Inc to drill our planned 400m diamond core hole.

With rock chip grades in excess of 18g/t Au, soil samples containing anomalous gold and visible sulphides in outcrop, this location has long been a target for drilling by Panther Metals."

Panther Metals PLC:

Darren Hazelwood, Chief Executive Officer:             +44(0) 1462 429 743

+44(0) 7971 957 685

Mitchell Smith, Chief Operating Officer:                    +1(604) 209 6678

Broker:

SI Capital Limited

Nick Emerson                                                            +44(0) 1438 416 500