Vancouver, British Columbia / February 19, 2026 – TheNewswire - Panther Minerals Inc. (“Panther Minerals” or the “Company”) (CSE:PURR) (OTCQB:GLIOF) (FWB:2BC), a North American mineral acquisition and exploration company, is pleased to announce the initiation of exploration activities on its East Brouillan Copper Property (the “EB Property”).

The EB Property comprises a package of 14 claims, covering approximately 778 hectares of ground situated in the northern part of the late Archean Abitibi greenstone belt of Quebec on the eastern flank of the Brouillan Volcanic Complex, adjacent to the Brouillan tonalitic batholite which is a large syn-volcanic intrusion that is overlain by a coeval sequence of calc-alkaline to transitional mafic to felsic volcanics and tuffs.

This complex is a significant member of the mineral-rich northwestern Abitibi sub-province of Quebec, host to numerous showings and significant discoveries and deposits including the:

• B26 Deposit (Indicated 13.0 Mt at 2.1% CuEq and 12.3 Mt Inferred at 2.2% CuEq) 

• Selbaie Mine (Produced 56.5 Mt at 0.9% Cu; 1.9% Zn, 38 g/t Ag and 0.6 g/t Au) 

Readers are cautioned that the geology of nearby properties is not necessarily indicative of the geology of the EB Property.

This phase of exploration aims to generate various exploration information layers along a systematic program at two different scales—regional and local—to be referenced for area reduction and VMS mineralization potential targeting, as well as other types of mineralization within the project area.

Regional Scale: The planned regional-scale exploration program includes regional prospecting across the property, airborne geophysics, and regional soil sampling.

• Prospecting: Designed to identify outcrops and conduct sampling.  

• Geophysics: Expected to build on the recent drone magnetic and VLF surveys to further assess targets at depth. 

Local Scale: The exploration program is expected to include geological mapping of geophysical target zones and local geochemical soil sampling. These activities are designed to assess the mineralization potential and further define the geological and geochemical features associated with the potentials.

Three targets will be the focus for exploration:

• West: two NW-SE electromagnetic conductors correlated with N-S high magnetic anomalies which are associated with an inferred structural feature (fault) as well as the volcanics and diabase dykes contact zones. 

• East: several NW-SE electromagnetic conductors which are correlated with low to moderate magnetic anomalies associated with lithological contacts, e.g., volcanics-andesitic tuff, gabbro-andesitic tuff, and andesitic tuff-tonalite.  

• North: several NW-SE electromagnetic conductors which are correlated with low magnetic anomalies associated with tonalite-diorite contact zones. 

The Company will provide updates throughout the upcoming field season as the program progresses and looks forward to sharing news as its advances the EB Property.

The Company is also pleased to announce that it has entered into an arm’s length sale and purchase agreement dated February 18, 2026 (the “Agreement”), for the right to purchase a one hundred percent (100%) interest in the Rubidium Ridge Lithium-Tantalum property (the “RR Property”) from Usha Resources Ltd. (TSXV:USHA)(“Usha”).

The RR Property consists of 110 claims and is an advanced grassroots exploration project located approximately 180 kilometres west of Thunder Bay. Exploration work by USHA has identified the following:

• Detailed sampling and hand stripping have successfully identified beryl and Nb-Ta oxides over ~2 km strike length. Fractionation indicators suggest the dykes have reached spodumene-type degrees of fractionation. 

• Results also indicate Li, Cs, and Rb elevations in the metasedimentary host rocks around the beryl-type pegmatites, with up to 450 ppm Li returned in the metasedimentary rocks adjacent to the largest of the beryl-type dykes.  

• Evolved chemical signatures of grab samples from Bingo pegmatite outcrops illustrate elevated grades for Cs, Ga, Li, Nb, Rb and Ta as high as 956 ppm, 228 ppm, 724 ppm, 1,088ppm, 4,100 ppm and 557 ppm, respectively.  

Pursuant to the Agreement, the Company will acquire (the “Proposed Transaction”) its 100% interest in the RR Property by paying to Usha $80,000 cash and 4,500,000 common shares in the capital of the Company (the “Consideration Shares”).

The RR Property is subject to a 2% net smelter returns (“NSR”) royalty with a 1% buyback for $1,000,000 and a right of first refusal on the remaining 1% of the NSR.

In addition to all required statutory hold periods applicable under National Instrument 45-106 – Prospectus Exemptions, all Consideration Shares will be subject to a six (6) month voluntary escrow provisions (the “Escrow Period”) whereby Usha may not trade the Consideration Shares during the Escrow Period.   The parties to the Agreement are arm’s length to the Company and there are no finder’s fees payable in the Proposed Transaction.  The Proposed Transaction is subject to receipt of all necessary regulatory approvals, including, as applicable, all required filings with the Canadian Securities Exchange (“CSE”), completion of due diligence reasonable or customary in a transaction of a similar nature, the publishing of a technical report for the RR Property pursuant to National Instrument 43-101 - Standards of Disclosure for Mineral Projects, and other conditions precedent.

Qualified person

The technical content of this news release has been reviewed and approved by Mr. Babak V. Azar, P.Geo. (EGBC#62313, OGQ#10876), an independent consultant and qualified person as defined by National Instrument 43-101. Historical reports provided by the optionor were reviewed by the qualified person.

About Panther Minerals Inc.

Panther Minerals Inc. is a North American mineral acquisition and exploration company focused on the development of quality precious and base metal properties that are drill-ready with high-upside and expansion potential. Panther Minerals trades on the CSE under the symbol PURR, the OTCQB under the symbol GLIOF and in FWB under the symbol 2BC.

PANTHER MINERALS INC.

Ram Kumar, CEO and Director

For more information, please call 877-305-4150, email info@pantherminerals.ca.  

Neither the Canadian Securities Exchange nor its Regulation Services Provider accepts responsibility for the adequacy or accuracy of this release.

References:

1. Yann Camus P.Eng. of SGS Canada Inc., February 05, 2026, News Release, Abitibi Metals Corp. 

2. Mario Mansson, February 17, 2016, News Release, Midland Exploration Inc. 

3. Heyday Geological Consulting (2024), 2023-2024 Surface Prospecting Technical Report in White Willow Property, USHA Resources  

Forward-looking statements:

This news release contains “forward-looking information” and “forward-looking statements” within the meaning of applicable Canadian securities laws (collectively, “forward-looking statements”). Forward-looking statements are statements that are not historical facts and are generally identified by words such as “expects”, “plans”, “intends”, “anticipates”, “believes”, “estimates”, “may”, “will”, “should”, “could” and similar expressions. Forward-looking statements in this news release include, but are not limited to, statements regarding: the Company’s proposed exploration and development plans and potential work programs on its properties; the potential to validate, expand upon or otherwise advance on any historic exploration results referenced in this news release.

Forward-looking statements are based on management’s reasonable assumptions, estimates and opinions as of the date of this news release. Such assumptions include, without limitation: the proposed work program at the EB Property, statements relating to the Proposed Transaction, that the Company will obtain all required approvals, including any required regulatory approvals, and that the Company will be able to complete any share issuances contemplated under the Agreement subject to regulatory approval; that the Company will be able to obtain all necessary corporate, regulatory and stock exchange approvals; that the Company will be able to carry out exploration activities as planned; that exploration results will be consistent with management’s expectations; that contractors and service providers will perform as expected; and that general business and economic conditions will remain supportive of the Company’s plans.

Forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause actual results or events to differ materially from those expressed or implied by such forward-looking statements. These risks and uncertainties include, but are not limited to: risks that required approvals, including acceptance by the CSE, are delayed or not obtained, and that any share issuances may be subject to additional conditions or may not be completed on the timeline anticipated; financing risk and equity market volatility; the risk that required regulatory or stock exchange approvals are delayed or not obtained; exploration risk, including the risk that exploration results are not as anticipated or do not support further advancement of the Property; risks related to the interpretation of exploration data and the reliability of any historic information; risks associated with the use of new technologies and data-driven methods; operational risks and hazards; environmental risks and liabilities; permitting and land access risks; changes in laws, regulations and government policies; community and Indigenous relations risks; commodity price fluctuations; and general business, economic, competitive, political and social uncertainties.

The Company is an exploration-stage issuer and does not currently have mineral reserves. Exploration is speculative, requires substantial expenditures and may not result in the discovery of economically recoverable mineralization. There can be no assurance that any forward-looking statements will prove to be accurate, as actual results and future events may differ materially from those anticipated. Readers are cautioned not to place undue reliance on forward-looking statements. The Company does not undertake to update or revise any forward-looking statements except as required by applicable law.