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Panther Metals Secures $502k in Successful Rights Issue

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Panther Metals Secures $502k in Successful Rights Issue

TipRanks Cyber Monday Sale

The latest announcement is out from Panther Metals Ltd. ( (AU:PNT) ).

Panther Metals Ltd successfully closed its non-renounceable entitlement offer, raising approximately $502,000 with strong backing from major shareholders and directors. The funds will be allocated to exploration and evaluation activities at the Laverton Gold Project, the Coglia Nickel-Cobalt Project, and other existing projects, as well as for working capital and capital raising expenses.

More about Panther Metals Ltd.

Panther Metals is an ASX-listed exploration company with a focus on gold and nickel projects. The company operates a suite of projects in Laverton, Western Australia, and has additional gold projects in the Northern Territory.

Average Trading Volume: 5,942,377

Technical Sentiment Signal: Sell

Current Market Cap: A$3.68M

For an in-depth examination of PNT stock, go to TipRanks’ Overview page.

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