Panther Metals secures £130,000 in non-brokered strategic financing
Panther Metals Plc (NEX: PALM) is pleased to announce it has successfully raised £130,000 in non-brokered financing via existing shareholders at £0.003 per share, with a one for one warrant attached at £0.003.
Darren Hazelwood, Chief Executive Officer,studio interview published in June
Darren Hazelwood, the CEO, commented, “This strategic financing is a major step forward and I believe is pivotal to the execution of the next, critical move, in the development of the company”.
The 43,333,332 Placing Shares are expected to be admitted to trading on, or around, 26th July 2019. For the purposes of the Financial Conduct Authority’s Disclosure and Transparency Rules (“DTRs”), the issued ordinary share capital of Panther Metals, following the issue and allotment of the Placing Shares, comprises of 670,266,052 ordinary shares with voting rights attached (one vote per share). There are no shares held in Treasury. This total figure of 670,266,052 may be used by shareholders as the denominator for the calculation by which they will determine whether they are required to notify their interest in, or a change to their interest in Panther Metals under the DTRs.
The Directors accept responsibility for the contents of this announcement.
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