Australia's Pantoro gains after repayment of term loan facility

Pantoro Gold

28/06/2024 04:04

** Shares of Pantoro  PNR.AX  rise as much as 6.7% to
A$0.096, set to gain most since June 19, if current trend holds
    ** The gold producer repays term loan facility with
financial solutions provider Nebari Partners 
    ** Pantoro says repayment removed $29.63 mln of debt from
co's balance sheet
    ** Stock on track for its second consecutive weekly gain,
rising 1.1% so far this week
    ** Stock up 57.9% this year, as of last close
    

 (Reporting by Rajasik Mukherjee in Bengaluru)
 ((Rajasik.Mukherjee@thomsonreuters.com;))