RIMOUSKI, Jan. 9 /CNW Telbec/ - Puma Exploration has completed a $251,000 private financing, of which $211,000 consisted of flow-though units and $40,000 consisted of ordinary units. The flow-through units were issued at $0.20 per share and the ordinary shares were issued at $0.16. A total of 1,357,750 shares were issued together with 513,750 warrants exercisable at $0.25 per share until June 30, 2006 and at $0.30 per share until September 30, 2007. Additionally, 135,775 broker warrants were issued, exercisable at $0.16 per share until December 30, 2007. Following this placement, 20,244,000 Puma shares are outstanding, of which 18,594,000 are trading. The TSX Venture Exchange does not accept any responsibility for the content of this press release as being truthful or accurate.