leadf
logo-loader
viewPanther Metals PLC

Panther Metals shares begin trading on London Stock Exchange main market, having moved from the NEX Exchange

Panther Metals also undertook a placing of up to 13,716,666 new shares, with warrants attached, to raise £823,000 at a price of 6p per share

London Stock Exchange
In afternoon LSE trading, Panther Metal shares were changing hands at 6.5p each

Panther Metals plc ‘s (LON:PALM) ordinary shares began trading on the main market of the London Stock Exchange on Thursday, having moved its listing from the NEX Exchange.

Together with the move to an LSE listing, Panther Metals also undertook a placing of up to 13,716,666 new shares, with warrants attached on a one-for-one basis, to raise £823,000 at a price of 6p per share, or £523,000 net of expenses.

In afternoon LSE trading, Panther Metal shares were changing hands at 6.5p each.

READ: Panther Metals is beginning to build up a head steam with its gold exploration programmes in Canada and Australia

Panther Metals invests in or acquires companies or projects within the natural resources sector which have the potential for growth and value generation over the medium to long term.

The company intends to utilise their extensive international network to identify opportunities in base, precious and energy metals and is focusing its search on highly attractive and established and politically stable mining jurisdictions such as Australia, North America and Canada.

It is currently invested in the Bear Lake Project in Ontario Canada, a gold enriched VMS style deposit that has a limited history of exploration in a region that has established infrastructure and nearby mine development and mine operation.

Quick facts: Panther Metals PLC

Price: 11 GBX

LSE:PALM
Market: LSE
Market Cap: £5.95 m
Follow

Add related topics to MyProactive

Create your account: sign up and get ahead on news and events

NO INVESTMENT ADVICE

The Company is a publisher. You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is...

In exchange for publishing services rendered by the Company on behalf of Panther Metals PLC named herein, including the promotion by the Company of Panther Metals PLC in any Content on the Site, the Company receives...

FOR OUR FULL DISCLAIMER CLICK HERE

Panther Metals moving up a gear and 'now building a resource' following new...

Panther Metals' (LON:PALM) Darren Hazelwood caught up with Proactive's Andrew Scott following news of its acquisition of the Merolia gold project in Laverton, Western Australia from White Cliff Minerals Ltd (ASX:WCN). Hazelwood says the deal represents a major step forward for the company. He...

2 weeks, 2 days ago

2 min read