Panther Metals Plc (GB:PALM) has released an update.
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Panther Metals PLC has sold its entire stake in Panther Australia, fetching AUD 421,328 (£219,000) after expenses, with the aim to focus on transformative exploration on its Canadian properties. CEO Darren Hazelwood emphasizes the importance of adaptability in the junior exploration sector and asserts that the sale aligns with the company’s strategy to benefit shareholders. The company continues to pursue significant discoveries on its Canadian geological portfolio, which includes promising drill targets like the Obonga Project and the Dotted Lake Project.
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