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Panther Metals Plc ( (GB:PALM) ) has provided an announcement.
Panther Metals PLC has announced the issuance of 362,250 shares and warrants as part of a loan settlement, with the shares expected to be admitted to trading on the London Stock Exchange on April 8, 2025. This move is part of Panther’s strategy to strengthen its financial position and enhance its exploration capabilities in Canada, potentially impacting its market presence and stakeholder interests.
More about Panther Metals Plc
Panther Metals PLC is an exploration company listed on the main market of the London Stock Exchange, focusing on discovering commercially viable mineral deposits. The company operates primarily in established mining jurisdictions with a focus on scalability, utilizing advanced technologies and extensive geological data. Panther Metals’ current portfolio includes three prospective properties in Ontario, Canada, with significant projects such as the Obonga Greenstone Belt and the Dotted Lake Project.
YTD Price Performance: -54.71%
Average Trading Volume: 20,557
Technical Sentiment Signal: Strong Buy
Current Market Cap: £1.89M
For an in-depth examination of PALM stock, go to TipRanks’ Stock Analysis page.