Acquisition Increases Footprint of Big Bear

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PANTHER METALS PLC

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

10^th September 2020

Strategic Acquisition Increases Footprint of the Big Bear Gold Project

Panther Metals PLC (LSE:PALM) ("Panther" or the "Company"), the company focused on mineral exploration in Canada and Australia, is pleased to announce the strategic staking of a further 28 mining claims directly bordering and supplementing  the 100% owned Big Bear Gold Project in Ontario, Canada.

Darren Hazelwood, Chief Executive Officer, commented:

"We are excited to increase the size of our footprint on the Schreiber-Hemlo Greenstone belt with the staking of a further 28 mining claims adjoining and supplementing our Big Bear Gold Project. This decision follows directly from the ongoing interpretation and assessment of our airborne geophysical survey data, soil geochemistry results and fieldwork programmes.  We look forward to communicating our findings to date soon".

Darren Hazelwood, Chief Executive Officer: +44(0) 1462 429 743 and +44(0) 7971 957 685

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

Brokers:

SI Capital Limited

Nick Emerson                                                 +44(0) 1438 416 500

Peterhouse Capital Limited

Guy Miller and Duncan Vasey                       +44(0) 20 7469 0930