Panther Metals plc has sold its remaining 7,625,122 ordinary shares, each of nominal value of one pence, in Fulcrum Metals plc for £266,879.27, net of fees and expenses.
The sale on 7 April 2025 was at a price of 3.5 pence per ordinary share and is equal to 12.33% of Fulcrum’s issued share capital.
Panther retains 476,190 warrants exercisable at 26.25 pence with an expiry date of 14 February 2026.
Fulcrum said that the existing placing shares had been placed with certain existing shareholders in the company.
Panther holds polymetal exploration interests in Ontario while Fulcrum’s waste recovery and exploration projects are also in Ontario and Saskatchewan.