Panther Metals plc is exploring a potential dual listing on the Canadian stock exchanges to benefit from an “advantageous tax environment for explorers” and North American investors’ interest. FINANCING The company owns the Dotted Lake gold project and holds an option to acquire 100% of the VMS-graphite-zinc Obonga project both located in the Schreiber-Hemlo greenstone […]
Tag: Panther Metals plc
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 […]
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 […]
Panther confirms 1.2km gold trend at Dotted Lake
Panther Metals plc has confirmed a 1.2km long open-ended gold trend from diamond drilling at Dotted Lake on the north limb of the Schreiber-Hemlo greenstone belt in Ontario, Canada. CORRELATION The company’s first phase I drill core assays also showed an intersection of “high grade zinc/gold volcanogenic massive sulphide-style mineralisation”. Drill hole DL24-001 returned “highly anomalous […]
Panther completes Dotted Lake extended drilling
Panther Metals plc has completed its extended phase I diamond drilling at Dotted Lake on the north limb of the Schreiber-Hemlo greenstone belt in Ontario, Canada. SAMPLES The company said it had drill tested initial target areas C, D, E and F, increasing operations from the original 1,200 metres to 1,558m across five holes. Operations […]
Panther converts £53,668 CLNs into shares
Panther Metals plc has received notice to convert the remaining principal amount of convertible loan notes plus interest for a total £53,668 including a 4.25% extension premium. The Ontario-focused company issued to the remaining holders 52,360 new ordinary shares at £1.025 per ordinary share. Following admission, Panther’s total issued share capital will consists of 4,279,080 […]