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Pantoro Limited Issues New Shares to Nebari Partners

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Pantoro Limited Issues New Shares to Nebari Partners

Confident Investing Starts Here:

Pantoro Limited ( (AU:PNR) ) just unveiled an update.

Pantoro Limited has announced the allotment of 1,367,974 ordinary fully paid shares to Nebari Partners LLC following the exercise of options. The shares were issued under the company’s Listing Rule 7.1 capacity without a prospectus, and the company confirms compliance with its reporting and disclosure obligations. This move reflects Pantoro’s strategic financial maneuvers to enhance its capital structure, potentially impacting its market position and stakeholder interests.

The most recent analyst rating on (AU:PNR) stock is a Buy with a A$3.06 price target. To see the full list of analyst forecasts on Pantoro Limited stock, see the AU:PNR Stock Forecast page.

More about Pantoro Limited

Pantoro Limited is a company operating in the gold mining industry, focusing on the exploration and production of gold. The company is listed on the Australian Securities Exchange (ASX) under the ticker PNR.

Average Trading Volume: 1,984,225

Technical Sentiment Signal: Buy

Current Market Cap: A$1.35B

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

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