Pantheon Resources Issues Shares for Capital Boost

Pantheon Resources (GB:PANR) has released an update.

Pantheon Resources PLC has announced the issuance of new shares for their quarterly bond payment and private placement, aiming to raise additional capital and maintain operational flexibility. The company is strategically focusing on long-term funding options that may include equity, debt, and a potential US listing by 2025, to avoid further equity dilution. Additionally, Pantheon is planning a webinar later this month to update shareholders on its corporate strategy.

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