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 […]
Tag: Ontario – Canada
Panther returns ‘standout trends’ at Dotted Lake
Panther Metals plc has returned “highly anomalous standout gold and critical mineral trends and anomalies” from a combined 1,472 assay dataset at Dotted Lake in Ontario, Canada. INTENSITY The high-resolution soil surveys from 2024 and 2021 cover a 6km strike length on the north shore of Dotted Lake, with analysis undertaken for 53 elements. Returns […]
Power Metal reduces voting rights in FCM
Power Metal Resources plc has reduced its voting rights in its spin-out company First Class Metals plc. A TR-1 notification shows that the decrease from 19.5 to 9.9%, equal to 19,033,802 voting rights, took place on 3 March 2025. FCM holds gold, nickel, copper and lithium assets in Northern Ontario, Canada.
Panther publishes prospectus
Panther Metals plc has today published a prospectus to allow it to trade on the main market of the London Stock Exchange, following the conditional fundraise in January. The placing involved the issue of 910,000 ordinary shares of no par value at a price of 50 pence per each, raising £455,000. Following admission, the Ontario-focused […]
31 Explore acquired by Katoro Gold
Darlington-based ‘mineral exploration project generator’ 31 Explore Ltd has been acquired by Tanzania-focused Katoro Gold plc for 750 million warrants, under a heads of terms agreement. POWER METAL Katoro’s non-executive chairman Sean Wade, who is also chief executive of Power Metal Resources plc which holds 35% of Katoro, beneficially owns 14.29% of 31 Explore. Incorporated […]
Panther raises £455,000 via discounted placing
Panther Metals plc has raised £455,000 via a conditional 37.5% discounted placing of 910,000 ordinary shares of no par value at 50 pence per placing share. DOTTED LAKE The placing is subject to publication of a prospectus, expected in mid-February 2025. Each placing share will have one warrant attached to subscribe for one new ordinary share at a […]