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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Panthera Resources Plc | LSE:PAT | London | Ordinary Share | GB00BD2B4L05 | ORD 1P |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 6.75 | 6.50 | 7.00 | 0.00 | 01:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
Gold Ores | 0 | -3.14M | -0.0184 | -3.67 | 11.54M |
TIDMPAT
RNS Number : 3890O
Panthera Resources PLC
29 January 2019
29 January 2019
Panthera Resources Plc
("Panthera" or "the Company")
Results of General Meeting
Panthera Resources plc (AIM: PAT), the gold exploration and development company with assets in India and West Africa, is pleased to announce that the two resolutions put to the General Meeting of Shareholders held at 2pm on Monday 28 January 2019 were passed unanimously.
The first of the two resolutions provides directors with the ability to raise capital if and when required by the business. Nevertheless, with current cash holdings exceeding A$350k and a cash infusion from the recently announced Galaxy transaction of approximately A$700k (US$500) scheduled for 1Q 2019, the Board has no current plans to raise additional capital.
The second resolution allows the company to issue shares in lieu of cash payments foregone by directors, management and affiliates during 4Q 2018 to help the Company preserve its cash position.
Enquiries
Panthera Resources PLC
Geoff Stanley (CEO) +1 (917) 941 7704
Nominated Advisor and Broker
RFC Ambrian +44 (0) 20 3440 6800
Rob Adamson
Bhavesh Patel
Charlie Cryer
Market Abuse Regulation (MAR) Disclosure
The information communicated in this announcement includes inside information for the purposes of Article 7 of Regulation 596/2014.
This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
END
ROMGIGDBSXDBGCC
(END) Dow Jones Newswires
January 29, 2019 03:37 ET (08:37 GMT)
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