Panther Metals Plc (GB:PALM) has released an update.
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Panther Metals PLC, a mineral exploration firm listed on the London Stock Exchange, has announced Fulcrum Metals PLC’s new subscription to raise approximately £130,000 through issuing 1,625,000 new ordinary shares. This investment further increases Panther’s stake in Fulcrum, following an earlier capital raise, solidifying its 12.38% interest and retaining a 2% net smelter return royalty on the Big Bear Project. The company continues to focus on mineral discovery and scalability in established mining jurisdictions, with current projects in Ontario, Canada and investment interests in nickel and gold in Australia.
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