REG - Pantheon Resources - Closing of US$35 million Convertible Bond Issuance

Pantheon ResourcesAnnouncement

25/03/2025 07:15

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RNS Number : 9637B  Pantheon Resources PLC  25 March 2025

 

25 March 2025

 

 

Pantheon Resources plc

Closing of US$35 million Convertible Bond Issuance

 

Pantheon Resources plc ("Pantheon" or the "Company"), the AIM-quoted oil and
gas exploration company with 100% working interests in projects spanning
258,000 acres adjacent to transportation and pipeline infrastructure on the
Alaska North Slope, is pleased to announce that further to its announcements
on 20 and 28 February 2025 that the Company has now entered into the
definitive documentation for and has issued  US$35 million in aggregate
principal amount of senior convertible bonds due March 2028 (the "Convertible
Bonds") to Sun Hung Kai & Co. Limited and its affiliates, clients and
funds managed or advised by them. The key terms of the Convertible Bonds, are
as set out in the announcement of 20 February 2025.

 

 

-ENDS-

 

Further information:

 

UK Corporate and Investor Relations Contact
Pantheon Resources plc

Justin Hondris
contact@pantheonresources.com (about%3Ablank)

 

Nominated Adviser and Broker

Canaccord Genuity Limited

Henry Fitzgerald-O'Connor, James Asensio, Charlie Hammond

+44 20 7523 8000

 

Public Relations Contact
BlytheRay

Tim Blythe, Megan Ray, Matthew Bowld

+44 20 7138 3204

 

USA Investor Relations Contact

MZ Group

Lucas Zimmerman, Ian Scargill

+1 949 259 4987
PTHRF@mzgroup.us (about%3Ablank)

 

 

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