Metals & Minerals News

Panther issues 362,250 to settle loan notes

Panther Metals plc has issued in total 362,250 shares at an issue price 50p and 362,250 warrants with an exercise price of 75p to the former holders of a combined £150,000 loan notes.

Settle: its outstanding debt before deciding on a potential dual listing (Pixabay)

TVRs

Shareholders granted the company approval at a general meeting on 2 April.

Following admission, Panther’s total issued share capital comprises 5,593,400 ordinary shares. The company does not hold any ordinary shares in treasury.

The total number of voting rights in Panther is 5,593,400.

In March, the company said it would settle its outstanding debt before deciding on a potential dual listing on the Canadian stock exchanges.