Business
Issue of Equity for JV Restructure
Issue of Equity for JV Restructure.
About this update from Panthera Resources Plc
[{"type":"text","content":"\n\n17 June 2024\n \nPanthera Resources Plc\n(\"Panthera\" or \"the Company\")\n \nIssue of Equity for Restructure of Joint Ventures\n \nPanthera 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.\n \nAn 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.\n \nTotal voting rights\n \nFollowing 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.\n \nContacts\n \n\n\n\n\nPanthera Resources PLC\nMark Bolton (Managing Director)\n\n\n+61 411 220 942\[email protected]\n\n\n\n\n\n\n\n\n\n\n\n\nAllenby Capital Limited (Nominated Adviser & Joint Broker) \nJohn Depasquale / Vivek Bhardwaj (Corporate Finance) \nGuy McDougall / Kelly Gardiner (Sales & Corporate Broking...