Panther Metals plc has issued 59,000 new ordinary shares each at £1.025 to remaining convertible loan note holders for £60,987 CLNs, including interest and a 4.25% extension premium. Following admission, the company’s total issued share capital consists of 4,226,720 ordinary shares. Panther holds no ordinary shares in treasury.
Tag: Panther Metals plc
Panther begins soil sampling at Dotted Lake
Panther Metals plc has started additional soil geochemistry sampling potentially to accelerate exploration at Dotted Lake on the Schreiber-Hemlo greenstone belt in Ontario, Canada. SNOWFALL Bayside Geoscience Inc’s 1,000 metre survey comprises an extension and infill sampling to the 2021 soil survey grid which yielded “significant nickel, cobalt, copper, gold and platinum group element anomalies”. […]
Panther awards drill contract for Dotted Lake
Panther Metals plc has awarded the contract for phase I diamond drilling and access trail logistics at Dotted Lake, on the north limb of the Schreiber-Hemlo greenstone belt in Ontario, Canada. CAMPAIGN The company said that Platinum Diamond Drilling Inc was mobilising to the site as part of drill pad and access preparation work. The […]
Panther sells Australia holding
Panther Metals plc has sold its 18,223,306 shares in Panther Metals Ltd for net proceeds of £219,000 (AUD421,328). STRATEGY Chief executive Darren Hazelwood said that the company’s exit was not a reflection of the Australian company. “Our own strategy is clearly focused on making a transformative discovery on our own highly prospective portfolio, as that […]
Panther identifies 500m conductor at Dotted Lake
Panther Metals plc has delineated an electromagnetic plunging conductor with a 500m strike length at its 100% owned Dotted Lake project on the Schreiber-Hemlo greenstone belt in Ontario, Canada. TARGETS The “very compelling” target is one of two parallel conductors identified following completion of independent 3D geophysical modelling and interpretation of airborne geophysical survey datasets. […]
Panther exits Manitou Lakes gold option
Panther Metals plc has decided against acquiring the Manitou Lakes gold project on the Eagle – Manitou Lakes greenstone belt in Ontario, Canada. DISTRACTION The company signed an option and sale and purchase agreement in April 2022 with Shear Gold Exploration Corporation, which it has now terminated to focus on the critical minerals. Chief executive […]