REG - Panthera Resources - Exercise of Options

Panthera ResourcesAnnouncement

04/07/2022 14:15

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RNS Number : 2409R  Panthera Resources PLC  04 July 2022

4 July 2022

 

Panthera Resources Plc

(Panthera or the Company)

 

Exercise of Options

 

Panthera Resources Plc (AIM: PAT), the diversified gold exploration and
development company with assets in West Africa and India, is pleased to
announce the issue of shares in respect to the exercise of options.

 

The Company has issued 416,680 new ordinary Panthera shares following the
exercise of 416,680 options at AUD$0.05 each for gross proceeds of AUD$20,834
(est. £11,795).

 

Application will be made to the London Stock Exchange for the above total
issue of 416,680 new ordinary Panthera shares, to be admitted to trading on
the AIM market with admission expected to occur on or around 8 July 2022
(Admission).   The issued new ordinary Panthera shares will rank pari passu
in all respects with the existing ordinary Panthera shares.

 

Following Admission of the new ordinary Panthera shares, the issued ordinary
share capital of Panthera will consist of 120,854,081 Ordinary Shares.

 

For the purposes of the Financial Conduct Authority's Disclosure and
Transparency Rules (DTRs), the issued Ordinary Share capital of Panthera
following this allotment consists of 120,854,081 Ordinary Shares with voting
rights attached (one vote per share). There are no shares held in treasury.
This total voting rights figure may be used by shareholders as the denominator
for the calculation by which they will determine whether they are required to
notify their interest in, or a change to their interest in, Panthera under the
DTRs.

 

 

Contacts

 

Panthera Resources PLC

Mark Bolton (Managing
Director)
+61 411 220 942

 
contact@pantheraresources.com

 

Allenby Capital Limited (Nominated Adviser & Joint
Broker)             +44 (0) 20 3328 5656

John Depasquale / Vivek Bhardwaj (Corporate Finance)

Kelly Gardiner (Sales & Corporate
Broking)

 

Novum Securities Limited (Joint
Broker)
+44 (0) 20 7399 9400

Colin
Rowbury

 

Financial Public Relations

Vigo Consulting
Ltd
+44 (0)20 7390 0230

Oliver Clark / Chris McMahon

 

Subscribe for Regular Updates

 

Follow the Company on Twitter at @PantheraPLC
(https://twitter.com/PantheraPlc)

 

For more information and to subscribe to updates visit: pantheraresources.com
(http://pantheraresources.com)

 

UK Market Abuse Regulation (UK MAR) Disclosure

The information contained within this announcement is deemed by the Company to
constitute inside information for the purposes of Regulation 11 of the Market
Abuse (Amendment) (EU Exit) Regulations 2019/310. Upon the publication of this
announcement via a Regulatory Information Service ("RIS"), this inside
information is now considered to be in the public domain.

 

Forward-looking Statements

This news release contains forward-looking statements that are based on the
Company's current expectations and estimates. Forward-looking statements are
frequently characterised by words such as "plan", "expect", "project",
"intend", "believe", "anticipate", "estimate", "suggest", "indicate" and other
similar words or statements that certain events or conditions "may" or "will"
occur. Such forward-looking statements involve known and unknown risks,
uncertainties and other factors that could cause actual events or results to
differ materially from estimated or anticipated events or results implied or
expressed in such forward-looking statements. Such factors include, among
others: the actual results of current exploration activities; conclusions of
economic evaluations; changes in project parameters as plans continue to be
refined; possible variations in ore grade or recovery rates; accidents, labour
disputes and other risks of the mining industry; delays in obtaining
governmental approvals or financing; and fluctuations in metal prices. There
may be other factors that cause actions, events or results not to be as
anticipated, estimated or intended. Any forward-looking statement speaks only
as of the date on which it is made and, except as may be required by
applicable securities laws, the Company disclaims any intent or obligation to
update any forward-looking statement, whether as a result of new information,
future events or results or otherwise. Forward-looking statements are not
guarantees of future performance and accordingly, undue reliance should not be
put on such statements due to the inherent uncertainty therein.

 

 

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