Business
Galaxy Tranche 2 payment expected before May 15th
Galaxy Tranche 2 payment expected before May 15th.
About this update from Panthera Resources Plc
[{"type":"text","content":"\n \nRNS Number : 6438X Panthera Resources PLC 01 May 2019 \n\n \n \n \n \n \n \n \n \n1 May 2019\n \n \n \nPanthera Resources Plc\n(\"Panthera\" or \"the Company\")\nGalaxy Tranche 2 Payment Expected before May 15th\nPanthera Resources plc (AIM: PAT), the gold exploration and development company with assets in India and West Africa, is pleased to provide an update regarding the anticipated payment from Galaxy Gold.\nThe payment, originally due by 31 March 2019, has been delayed as a result of various administrative issues relating to the Indian financial year and the current elections in India. We maintain a regular and constructive dialogue with both Galaxy and its principal financial supporter, Hunch Ventures and Investments (Hunch). The management of Hunch has assured Panthera that funds will be available for processing during the first two weeks of May 2019.\n \nEnquiries\nPanthera Resources PLC\nGeoff Stanley (CEO) +1 (917) 941 7704\n \nNominated Advisor and Broker\nRFC Ambrian +44 (0) 20 3440 6800\nRob Adamson \nBhavesh Patel\nCharlie Cryer\n \nMarket Abuse Regulation (MAR) Disclosure\nThe information communicated in this announcement includes inside information for the purposes of Article 7 of Regulation 596/2014.\n \n\nThis information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further inf...