Pantoro Limited ( (AU:PNR) ) has shared an announcement.
Pantoro Limited has announced the allotment of 32,871,565 ordinary shares to Nebari Partners LLC at an issue price of US$0.0636 per share. This share issuance, which was conducted without a prospectus under the company’s existing capacity, is part of a convertible loan conversion, reflecting Pantoro’s strategic financial management aimed at enhancing its capital structure.
More about Pantoro Limited
Pantoro Limited operates in the mining industry, focusing on the exploration and production of precious metals. The company is involved in the development and management of mining projects, with a market focus on increasing its production capacity and financial stability.
YTD Price Performance: 78.00%
Average Trading Volume: 43,089
Technical Sentiment Consensus Rating: Sell
Current Market Cap: €613M
Learn more about PNR stock on TipRanks’ Stock Analysis page.