Black Panther Announces Extension of Non-Brokered Private Placement

News Release No: 15-03

Trading symbols: TSX-V: BPC Frankfurt: BP4

Black Panther Announces Extension of Non-Brokered Private Placement

West Vancouver, British Columbia – March 20, 2015 – Black Panther Mining Corp. (the “Company” or “Black Panther”) announces that it has extended the closing of its non-brokered private placement offering announced on January 19, 2015.

Subject to regulatory approval, the Company intends to proceed with a non-brokered private placement to raise up to $600,000 by the issuance of up to 12,000,000 non-flow through units (the “Units”) at $0.05 per Unit. Each Unit will consist of one common share and one share purchase warrant, with each warrant entitling the holder to purchase an additional common share for a period of two years at an exercise price of $0.10. With respect to this private placement, the Company may pay finders’ fees in the amount of 10% (payable in cash or Units), based on the sale of the Units purchased by subscribers introduced to the Company by such finders.

The Company intends to use the proceeds from this private placement for working capital purposes and to investigate certain potential business opportunities.

For further information, contact Mr. Clive Shallow, Shareholder Communications, at 604-922-2030, or visit the Company’s website at www.blackpanthermining.com.

BLACK PANTHER MINING CORP.

“Douglas L. Mason”

_________________________________ Douglas L. Mason, President and CEO

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 accuracy of this release.