Black Panther Mining Corp.
March 19, 2009
West Vancouver, British Columbia – March 19, 2009 – The Company wishes to announce that it has reduced the exercise price of the following incentive stock options to $0.15 per common share: (a) in regard of insiders, a total of 490,000 options will be re-priced (440,000 options granted on June 27, 2008 at an exercise price of $0.41 per common share and 50,000 options granted on October 16, 2008 at an exercise price of $0.41 per share); and (b) in regard of non-insiders, a total of 86,000 options will be re-priced (76,000 options granted on June 27, 2008 at an exercise price of $0.41 per common share and 10,000 options granted on October 16, 2008 at an exercise price of $0.41 per common share). The foregoing re-pricings are subject to TSX Venture Exchange acceptance, as well as disinterested shareholder approval at the Company’s Annual General Meeting to be held on April 30, 2009.
For further information, contact Mr. Clive Shallow, investor communications, at 604-922-2030 or visit the Company’s new website at www.blackpanthermining.com.
Black Panther Mining Corp.
“Ronald A. Coombes”
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Ronald A. Coombes, President & CEO
The TSX Venture Exchange has not reviewed this news release and does not accept responsibility for the adequacy or accuracy of this release.
