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Panthera Resources Plc ( (GB:PAT) ) has provided an update.
Panthera Resources Plc announced the conversion of US$125,000 in unsecured convertible loan notes, resulting in the issuance of 1,788,007 new ordinary shares. Discussions with note participants regarding the maximization of value from the company’s West African gold assets are ongoing, with the exclusivity agreement extended to 28 February 2025. The company is exploring strategic options, including possibly separating its West African gold business, though no binding decisions have been made yet.
More about Panthera Resources Plc
Panthera Resources Plc is a gold exploration and development company with assets in West Africa and India. The company focuses on discovering and developing gold resources in these regions.
YTD Price Performance: 10.0%
Average Trading Volume: 468,385
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £16.34M
See more data about PAT stock on TipRanks’ Stock Analysis page.
