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RNS Number : 6603S Panthera Resources PLC 17 June 2024
17 June 2024
Panthera Resources Plc
("Panthera" or "the Company")
Issue of Equity for Restructure of Joint Ventures
Panthera Resources Plc (AIM: PAT), the diversified gold exploration and
development company with assets in West Africa and India, is pleased to
announce that it has issued 135,200 new ordinary shares of 1 pence each in the
share capital of the Company (the "Ordinray Shares") pursuant to the
restructure of the Kalaka ("Kalaka" or the "Kalaka Project") and Bassala
("Bassala" or the "Bassala Project") joint venture agreements as announced on
6 June 2024.
An application has been made for the 135,200 new Ordinary Shares to be
admitted to trading on AIM ("Admission"). It is currently anticipated that
Admission will become effective and that dealings in the new Ordinary Shares
will commence on AIM at 8.00 a.m. on or around 20 June 2024.
Total voting rights
Following Admission, the number of Ordinary Shares in issue and number of
voting rights will be 176,123,540. The above figure may be used by
shareholders as the denominator for the calculations by which they will
determine whether they are required to notify their interest in, or a change
to their interest in, the Company under the Financial Conduct Authority's
Disclosure Guidance and Transparency Rules.
Contacts
Panthera Resources PLC +61 411 220 942
Mark Bolton (Managing Director) contact@pantheraresources.com
Allenby Capital Limited (Nominated Adviser & Joint +44 (0) 20 3328 5656
Broker)
John Depasquale / Vivek Bhardwaj (Corporate Finance)
Guy McDougall / Kelly Gardiner (Sales & Corporate Broking
Novum Securities Limited (Joint Broker) +44 (0) 20 7399 9400
Colin Rowbury
Subscribe for Regular Updates
Follow the Company on Twitter at @PantheraPLC
(https://twitter.com/PantheraPlc)
For more information and to subscribe to updates visit: pantheraresources.com
(http://pantheraresources.com)
Forward-looking Statements
This news release contains forward-looking statements that are based on the
Company's current expectations and estimates. Forward-looking statements are
frequently characterised by words such as "plan", "expect", "project",
"intend", "believe", "anticipate", "estimate", "suggest", "indicate" and other
similar words or statements that certain events or conditions "may" or "will"
occur. Such forward-looking statements involve known and unknown risks,
uncertainties and other factors that could cause actual events or results to
differ materially from estimated or anticipated events or results implied or
expressed in such forward-looking statements. Such factors include, among
others: the actual results of current exploration activities; conclusions of
economic evaluations; changes in project parameters as plans continue to be
refined; possible variations in ore grade or recovery rates; accidents, labour
disputes and other risks of the mining industry; delays in obtaining
governmental approvals or financing; and fluctuations in metal prices. There
may be other factors that cause actions, events or results not to be as
anticipated, estimated or intended. Any forward-looking statement speaks only
as of the date on which it is made and, except as may be required by
applicable securities laws, the Company disclaims any intent or obligation to
update any forward-looking statement, whether as a result of new information,
future events or results or otherwise. Forward-looking statements are not
guarantees of future performance and accordingly, undue reliance should not be
put on such statements due to the inherent uncertainty therein.
**ENDS**
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