Panther Metals Plc (GB:PALM) has released an update.
Claim 30% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Panther Metals PLC has announced that its Australian counterpart, Panther Australia, is raising up to A$1.96 million through a rights issue to fund a comprehensive 7,000-meter drilling program at the Laverton Gold Project. This capital will be invested in exploring 10 gold targets, with a significant focus on areas like Burtville East and the Ironstone Gold target. Additional funds will support the advancement of metallurgical studies at the Coglia Nickel-Cobalt Project, leveraging eco-friendly bacterial extraction methods.
For further insights into GB:PALM stock, check out TipRanks’ Stock Analysis page.