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Panther Minerals Announces Brokered Private Placement of up to $3,000,000
VANCOUVER, BC / ACCESS Newswire / June 16, 2026 /Panther Minerals Inc. ("Panther Minerals" or the "Company") (CSE:PURR)(OTCQB:GLIOF)(FWB:2BC), a North American mineral acquisition and exploration company, is pleased to announce that it has engaged ...
About this update from Panther Minerals Inc.
[{"type":"text","content":"VANCOUVER, BC / ACCESS Newswire / June 16, 2026 / Panther Minerals Inc. ("Panther Minerals" or the "Company") (CSE:PURR)(OTCQB:GLIOF)(FWB:2BC), a North American mineral acquisition and exploration company, is pleased to announce that it has engaged Leede Financial Inc. (the "Agent") on a commercially reasonable efforts basis, to act as sole lead manager and sole bookrunner in connection with a brokered private placement offering (the "Offering") of up to 6,000,000 units of the Company (the "Units") and up to 6,000,000 special warrants of the Company (the "Special Warrants") for aggregate gross proceeds of up to $3,000,000, consisting of up to $1,500,000 of Units and up to $1,500,000 of Special Warrants.","length":772,"tagName":"p"},{"type":"text","content":"The Units will be offered at a price of $0.25 per Unit for gross proceeds of up to $1,500,000. Each Unit will consist of one common share of the Company (a "Common Share") and one common share purchase warrant of the Company (a "Warrant"). Each Warrant will entitle the holder thereof to acquire one additional Common Share at an exercise price of $0.33 per Common Share for a period of 24 months from the Closing Date (as defined below).","length":458,"tagName":"p"},{"type":"text","content":"The Special Warrants will be offered at a price of $0.25 per Special Warrant for gross proceeds of up to $1,500,000. Each Special Warrant will be convertible, without payment of any additional consideration, into one Common Share and one Warrant on the earlier of: (i) the issuance of a receipt for the Company's final prospectus filed in the applicable Canadian jurisdictions qualifying the distribution of the Common Shares and Warrants issuable upon conversion of the Special Warrants; and (ii) the date that is four months and one day after the Closing Date. Each Warrant issuable upon conversion of a Special Warrant will be exercisable to acquire one additional Common Share at an exercise price of $0.33 per Common Share for a period of 24 months from the Closing Date.","length":780,"tagName":"p"},{"type":"text","content":"The Company intends to use the net proceeds of the Offering to fund its Phase 1 exploration program, working capital and general corporate purposes.","length":148,"tagName":"p"},{"type":"text"...