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PNR Pantoro Gold News Story

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Brief: Pantoro Announces Successful A$100M Equity Raising

May 14 (Reuters) - Pantoro Ltd  PNR.AX :
    * SUCCESSFUL A$100M EQUITY RAISING
    * PLACEMENT WILL BE AT A PRICE OF A$0.08 PER NEW SHARE
    * UNDERTAKING A PLACEMENT OF 1.25 BILLION NEW SHARES
    * PROCEEDS FROM PLACEMENT WILL BE APPLIED TO CLOSE OUT $29.6
MILLION TERM LOAN FACILITY

Further company coverage:  PNR.AX 

 ((Reuters.Briefs@thomsonreuters.com;;))

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