Panther Metals Plc (GB:PALM) has released an update.
Don't Miss Our Christmas Offers:
- Discover the latest stocks recommended by top Wall Street analysts, all in one place with Analyst Top Stocks
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Panther Metals PLC, a mineral exploration company, has announced a subscription agreement to raise approximately £643,500 through issuing new shares in Fulcrum Metals PLC. The proceeds aim to accelerate growth and development of various gold tailings projects, including the Teck-Hughes and Sylvanite projects, while exploring opportunities for sustainable metal extraction technologies. Panther holds a 15.26% stake in Fulcrum, as well as a 2% net smelter return royalty over the Big Bear Project.
For further insights into GB:PALM stock, check out TipRanks’ Stock Analysis page.