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| | Fri Mar 12, 2010 Panthera Grants Stock Options
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| | Panthera Exploration Inc. (the "Company") (PNX-TSX.V; PNXLF-OTC; OAY-Frankfurt) announces that pursuant to the Company's Stock Option Plan, it has granted incentive stock options to its officers and directors to purchase up to an aggregate of 700,000 common shares in the capital stock of Panthera Exploration Inc., exercisable for a period of five years, at a price of $0.13 per share. These options are subject to a four-month hold period.
In other news, based on results of its due diligence work, Panthera has decided not to proceed with an option to purchase agreement for the Laguna Caro lithium property, as outlined in the letter of intent, previously announced on December 23, 2009.
ON BEHALF OF THE BOARD
"Bruce Winfield"
Bruce Winfield, President & CEO
For further information please contact, Bruce Winfield at 1-800-901-0058 or 604-687-1828, or fax 604-687-1858, or by email info@pantheraexploration.com, or visit the Company's web site at http://www.pantheraexploration.com.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or the accuracy of this release.
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| | You can view the Next News Releases item: Thu May 27, 2010, Panthera Appoints Chief Financial Officer And Corporate Secretary
You can view the Previous News Releases item: Wed Feb 10, 2010, Panthera Announces New Board Appointment
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