Pantheon Resources PLC (AIM:PANR, OTCQX:PTHRF) has now confirmed that its convertible bond issue will increase to $35 million, with the exercise of an existing and previously announced option.
"The upsize of the convertible bond will provide additional runway for the company to complete the flow testing in the Megrez-1 well and prepare for future activities,” Pantheon chair David Hobbs.