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 […]
Tag: Panther Metals plc
Panther issues 57,000 shares
Panther Metals plc issued 57,073 ordinary shares to executive chairman Nicholas O’Reilly for £8,500 interest following exercise of conversion rights attached to the £50,000 convertible loan notes held by him. The new ordinary shares, of no par value in the company, are each at a price of £1.025. Following the 1 August notification, Mr O’Reilly […]
Panther CEO issued with 63,922 shares
Panther Metals plc chief executive has exercised the conversion rights attaching to the £56,000 of convertible loan notes held by him in respect of principal and accrued interest of £9,520. Following the exercise on 28 July, Darren Hazelwood will be issued with 63,922 new ordinary shares of no par value in the company at £1.025 […]
Panther granted Dotted Lake exploration permit
Panther Metals plc has received a three-year exploration permit for the North Limb, covering Dotted Lake, of the Schreiber-Hemlo greenstone belt in Ontario. FINANCING The company plans a comprehensive work programme on the “highly prospective” intrusive linked nickel-copper-cobalt and platinum group metal target in the northeast of Dotted Lake. The site lies approximately 16km north of […]
Panther awarded Awkward West exploration permit
Panther Metals plc has received a three-year exploration permit for the Awkward West prospect on the Obonga greenstone belt in northern Ontario. ADVANCE The prospect includes the 730m long ‘trend 3’ graphite target and the Awkward magmatic feeder conduit target focused on a nickel-copper-platinum-palladium discovery. The permit covers up to 31 planned diamond core drill […]
Panther completes surveys over Obonga
Panther Metals plc has completed high resolution airborne magnetic geophysical drone surveys over three high prospectivity areas at Obonga in Ontario, Canada. TARGETS The Survey prospect contains a volcanogenic massive sulphide discovery while the Ottertooth and Silver Rim geophysical anomalies are yet to undergo drill testing. Once processed, the data will be used to prepare […]