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Panther Minerals (OTCQB:GLIOF) appointed Rick Mah, CPA, CFA to its Board of Directors effective March 29, 2026, following his March 17, 2026 appointment as Chief Financial Officer and Corporate Secretary. Mr. Mah brings 25+ years of finance experience and has supported financings exceeding $700 million.
The company also announced the resignation of director David Beck, effective March 29, 2026.
Panther Minerals (OTCQB:GLIOF / CSE:PURR) completed acquisition of a 100% interest in the Rubidium Ridge pegmatite project in Ontario, Canada on March 24, 2026.
The company paid $80,000 cash and issued 4,150,000 common shares to the vendor, corrected from 4,500,000. The RR Property carries a 2.0% NSR, with Panther holding a right to repurchase 50% for $1,000,000 and a right of first refusal on the remainder. A $1,000,000 bonus is payable upon delineation of an inferred resource ≥10 million tonnes at ≥1% Li2O.
Panther Minerals (OTCQB:GLIOF) announced the appointment of Rick Mah as Chief Financial Officer and Corporate Secretary, effective immediately, and the resignation of David Beck as CFO and Corporate Secretary, who will remain a director.
Mr. Mah brings 25+ years of corporate finance experience, has helped raise over $700 million, worked on transactions ranging from $1 million to $3.4 billion, and holds a BBA, CPA and CFA.
The press release highlights a significant development in the uranium mining sector, focusing on Panther Minerals and its Boulder Creek Uranium property in Alaska. Uranium prices have surged by 52% year-to-date, driven by increased demand for nuclear energy, which is important for AI development. Panther Minerals is aggressively pursuing advanced uranium projects, including the Boulder Creek property, where it is analyzing historical data and preparing for drilling activities. Concurrently, Ur-Energy, another notable player, reported positive financials and new contracts, while NexGen Energy and ATHA Energy have unveiled new drilling results and exploration programs. These developments reflect a robust outlook for uranium stocks amidst a growing nuclear energy market.
Panther Minerals has submitted a 'Notice of Operations' to the Bureau of Land Management in Anchorage, Alaska, for exploration activities on its Boulder Creek Uranium property. The property is located 160 km east of Nome, Alaska, and includes federal and state claims. The company has engaged Core Geoscience's Jack DiMarchi to manage permitting. The initial phase of exploration, including diamond drilling, is planned for summer 2024. Panther Minerals aims to expedite the permitting process to commence operations promptly.
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