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Pantoro Gold Limited Issues New Shares to Nebari Partners

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Pantoro Gold Limited Issues New Shares to Nebari Partners

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Pantoro Gold Limited ( (AU:PNR) ) has provided an announcement.

Pantoro Gold Limited has announced the allotment of 390,325 ordinary fully paid shares to Nebari Partners LLC following the exercise of options. These shares were issued without a prospectus under the company’s Listing Rule 7.1 capacity, reflecting Pantoro’s compliance with its disclosure obligations. This move is part of Pantoro’s strategic financial maneuvers, potentially impacting its market positioning and stakeholder interests.

The most recent analyst rating on (AU:PNR) stock is a Buy with a A$4.50 price target. To see the full list of analyst forecasts on Pantoro Gold Limited stock, see the AU:PNR Stock Forecast page.

More about Pantoro Gold Limited

Pantoro Gold Limited operates in the mining industry, focusing on the exploration and production of gold. The company is listed on the Australian Securities Exchange under the ticker PNR and engages in activities related to gold mining and related financial operations.

Average Trading Volume: 2,713,420

Technical Sentiment Signal: Buy

Current Market Cap: A$1.75B

Learn more about PNR stock on TipRanks’ Stock Analysis page.

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