In other news, the Company has announced the closing of a private placement with qualified

investors, employees, executive officers, directors and consultants in the amount of $557,500. With

this placement, Puma Exploration issued 4,910,000 common shares and 6,240,000 flow-through

common shares at the price of $0.05 per share, and 11,150,000 warrants. Each warrant gives its holder

the right to purchase one common share at the price of $0.10 per share until September 29, 2012.................PS...seems like a gypsee twist..ask shares stacking up...Traps7