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Panther Metals Plc ( (GB:PALM) ) has issued an update.
Panther Metals PLC has announced the publication of a circular convening a general meeting for its shareholders to seek approval for the issuance of new ordinary shares and warrants. This move is part of the company’s strategy to manage its financial obligations and potentially enhance its market position by converting loan notes into equity, which could have implications for shareholder value and company operations.
More about Panther Metals Plc
Panther Metals PLC is a company focused on mineral exploration in Canada. It is incorporated and registered in the Isle of Man and is listed on the London Stock Exchange under the ticker PALM.
YTD Price Performance: -48.82%
Average Trading Volume: 17,588
Technical Sentiment Consensus Rating: Buy
Current Market Cap: £2.13M
See more data about PALM stock on TipRanks’ Stock Analysis page.