Business
Issue of Equity - Conversion of Options
Issue of Equity - Conversion of Options.
About this update from Panthera Resources Plc
[{"type":"text","content":"\n\n27 March 2025\n \nPanthera Resources Plc\n(\"Panthera\" or the \"Company\")\n \nOptions Notice and Issue of Equity\n \nGold exploration and development company Panthera Resources Plc (AIM: PAT), with assets in West Africa and India, announces the issue of 690,618 new ordinary shares of 1 pence each in the Company (\"Ordinary Shares\"). This follows the Company having received notice to convert options over 378,618 new Ordinary Shares at an exercise price of 4.25 pence per option and options over 312,000 new Ordinary Shares at an exercise price of 5.0 pence per option, raising the Company gross proceeds of £31,691.27.\n \nAdmission to AIM\n \nApplication has been made to the London Stock Exchange plc for the 690,618 new Ordinary Shares to be admitted to trading on the AIM (\"Admission\"). It is expected 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 31 March 2025.\n \nFollowing Admission, the Company's issued share capital will comprise 241,940,898 Ordinary Shares. The Company does not hold any Ordinary Shares in treasury. This figure may be used by shareholders in the Company as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the share capital of the Company under the Financial Conduct Authority's Disclosure Guidance and Transparency Rules.\n \nContacts\n \nPanthera Resources PLC\nMark Bolton (Managing Director) +61 411 220 942\n  ...