Panther Metals Ltd. (AU:PNT) has released an update.
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Panther Metals Ltd. is set to raise approximately $1.96 million through a fully underwritten renounceable entitlement offer to fund a 7,000m drilling program at the Laverton Gold Project. The offer includes a significant discount on new shares and is supported by strong commitment from the company’s board, signaling confidence in the potential of the gold-rich targets. The project, which includes the high-grade Burtville East target, aims to capitalize on the current gold market and further explore the underdeveloped region.
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