Panther Metals raises £80,000 through warrant exercise

Published 24/06/2025, 14:56
Panther Metals raises £80,000 through warrant exercise

LONDON - Panther Metals plc (LSE:PALM) has received notice for the exercise of 106,666 warrants at an exercise price of 75p per share, generating £80,000 for the company, according to a press release statement issued Tuesday.

The mining company has applied for these 106,666 new ordinary shares to be admitted to the transitional equity segment of the Official List of the Financial Conduct Authority and to trading on the main market of the London Stock Exchange (LON:LSEG).

The admission of the new shares is expected to take place on June 30, 2025.

Following the admission, Panther Metals’ total number of ordinary shares in issue will increase to 5,700,066, with no shares held in treasury. This figure may be used by shareholders as the denominator for calculations to determine if they need to notify their interest in the company under the FCA’s Disclosure Guidance and Transparency Rules.

Darren Hazelwood, Chief Executive Officer of Panther Metals, was responsible for arranging the release of the announcement.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

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