Business
Panther Minerals Announces Increase in Size of Private Placement to Up to $2,000,000
Vancouver, British Columbia / April 29, 2024 – TheNewswire – Panther Minerals Inc. (“Panther Minerals” or the “Company”) (CSE: PURR) (OTC: GLIOF) (FWB: 2BC) ) i
About this update from Panther Minerals Inc.
[{"type":"text","content":"Vancouver, British Columbia / April 29, 2024 – TheNewswire – Panther Minerals Inc. (“Panther Minerals” or the “Company”) (CSE: PURR) (OTC: GLIOF) (FWB: 2BC) ) is pleased to announce its intention to increase the size of its previously announced on April 10, 2024 non-brokered private placement of common shares in the authorized structure of the Company at price of $0.20 per share (each, a “Share”) from a target amount of up to C$1,000,000 to a target amount of up to C$2,000,000 (the “Private Placement”) due to an increased interest by investors to participate in the Private Placement. All Shares issued as part of the Private Placement will be subject to a standard four-months and one day hold period from the date of issue. The Company may close the offering in one or more tranches. Panther will use the proceeds from the Private Placement for exploration expenses on the Company’s mineral projects, including the Boulder Creek property and general working capital purposes. Insider participation in the Private Placement is not anticipated at this time. The Company may pay finder’s fees on a portion of the Private Placement, subject to compliance with the policies of the Canadian Exchange and applicable securities legislation. About Panther Minerals Inc. Panther Minerals Inc. is a mineral exploration company actively involved in the exploration of its North American project portfolio. For more information please visit: www.pantherminerals.ca. ON BEHALF OF THE BOARD OF DIRECTORS Robert Birmingham Chief Executive Officer Head Office Suite 600-1090 West Georgia Street, Vancouver, BC V6E 3V7 Telephone +1 (604) 416 0569 Website www.pantherminerals.ca Email [email protected] The CSE has not reviewed and does not accept responsibility for the accuracy or adequacy of this release. Forward-Looking Statements Certain information in this news release may constitute \"forward-looking\" information that involves known and unknown risks, uncertainties, future expectations and other factors which may cause the actual results, performance or achievements of the Company or industry...