Panther Metals Plc (GB:PALM) has released an update.
Panther Metals PLC has successfully completed a fundraising placement, securing £375,000 through the issuance of over 8 million new shares at a discounted price, with attached warrants. This capital boost is earmarked for advancing the company’s exploration programs in Canada’s mineral-rich Obonga greenstone belt and for general working capital. The additional funds are set to accelerate the company’s project development, following significant mineral discoveries.
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