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Pantera Minerals Issues Shares as Part Payment for Consulting Services

Story Highlights
  • Pantera Minerals issued 495,953 new shares as part payment for consulting services.
  • The company affirms regulatory compliance and no undisclosed material information regarding the new shares.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Pantera Minerals Issues Shares as Part Payment for Consulting Services

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Pantera Minerals Ltd. ( (AU:PFE) ) has shared an update.

Pantera Minerals Limited has issued 495,953 fully paid ordinary shares as part payment for consulting services, opting to remunerate advisers in equity rather than entirely in cash. The company stated that the shares were issued without a prospectus under applicable provisions of the Corporations Act and confirmed it is compliant with its financial reporting and continuous disclosure obligations, with no excluded information that would materially affect an investor’s assessment of the company or the rights attached to the new shares.

The most recent analyst rating on (AU:PFE) stock is a Hold with a A$0.02 price target. To see the full list of analyst forecasts on Pantera Minerals Ltd. stock, see the AU:PFE Stock Forecast page.

More about Pantera Minerals Ltd.

Pantera Minerals Limited is an Australian-listed minerals exploration company based in West Perth, Western Australia, focused on identifying and developing mineral resource projects to support the broader resources and mining sector.

Average Trading Volume: 2,495,568

Technical Sentiment Signal: Buy

See more data about PFE stock on TipRanks’ Stock Analysis page.

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