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PAT Panthera Resources Plc

5.80
0.05 (0.87%)
12 Jul 2024 - Closed
Delayed by 15 minutes
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
  0.05 0.87% 5.80 5.50 6.00 5.75 5.75 5.75 34,232 16:35:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Gold Ores 0 -3.14M -0.0184 -3.13 9.83M

Panthera Resources PLC Issue of Equity for JV Restructure

17/06/2024 7:00am

RNS Regulatory News


RNS Number : 6603S
Panthera Resources PLC
17 June 2024
 

17 June 2024

 

Panthera Resources Plc

("Panthera" or "the Company")

 

Issue of Equity for Restructure of Joint Ventures

 

Panthera Resources Plc (AIM: PAT), the diversified gold exploration and development company with assets in West Africa and India, is pleased to announce that it has issued 135,200 new ordinary shares of 1 pence each in the share capital of the Company (the "Ordinray Shares") pursuant to the restructure of the Kalaka ("Kalaka" or the "Kalaka Project") and Bassala ("Bassala" or the "Bassala Project") joint venture agreements as announced on 6 June 2024.

 

An application has been made for the 135,200 new Ordinary Shares to be admitted to trading on AIM ("Admission"). It is currently anticipated that Admission will become effective and that dealings in the new Ordinary Shares will commence on AIM at 8.00 a.m. on or around 20 June 2024.

 

Total voting rights

 

Following Admission, the number of Ordinary Shares in issue and number of voting rights will be 176,123,540. The above figure may be used by shareholders as the denominator for the calculations by which they will determine whether they are required to notify their interest in, or a change to their interest in, the Company under the Financial Conduct Authority's Disclosure Guidance and Transparency Rules.

 

Contacts

 

Panthera Resources PLC

Mark Bolton (Managing Director)

+61 411 220 942

contact@pantheraresources.com



Allenby Capital Limited (Nominated Adviser & Joint Broker)                                                                                                       

John Depasquale / Vivek Bhardwaj (Corporate Finance)      

Guy McDougall / Kelly Gardiner (Sales & Corporate Broking

+44 (0) 20 3328 5656



Novum Securities Limited (Joint Broker)

+44 (0) 20 7399 9400

Colin Rowbury

 


Subscribe for Regular Updates

 

Follow the Company on Twitter at @PantheraPLC

 

For more information and to subscribe to updates visit: pantheraresources.com

 

Forward-looking Statements

This news release contains forward-looking statements that are based on the Company's current expectations and estimates. Forward-looking statements are frequently characterised by words such as "plan", "expect", "project", "intend", "believe", "anticipate", "estimate", "suggest", "indicate" and other similar words or statements that certain events or conditions "may" or "will" occur. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that could cause actual events or results to differ materially from estimated or anticipated events or results implied or expressed in such forward-looking statements. Such factors include, among others: the actual results of current exploration activities; conclusions of economic evaluations; changes in project parameters as plans continue to be refined; possible variations in ore grade or recovery rates; accidents, labour disputes and other risks of the mining industry; delays in obtaining governmental approvals or financing; and fluctuations in metal prices. There may be other factors that cause actions, events or results not to be as anticipated, estimated or intended. Any forward-looking statement speaks only as of the date on which it is made and, except as may be required by applicable securities laws, the Company disclaims any intent or obligation to update any forward-looking statement, whether as a result of new information, future events or results or otherwise. Forward-looking statements are not guarantees of future performance and accordingly, undue reliance should not be put on such statements due to the inherent uncertainty therein.

 

**ENDS**

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