Panther Metals Ltd. (AU:PNT) has released an update.
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Panther Metals Ltd has successfully raised $2.22 million through a fully underwritten entitlement offer and a follow-on placement, securing funds for its ambitious drilling program at the Laverton Gold Project. The company has identified 36 promising gold targets and initiated a 7,000-meter drilling campaign to explore these opportunities. This strategic move positions Panther Metals for potential growth and enhanced exploration outcomes in the gold sector.
For further insights into AU:PNT stock, check out TipRanks’ Stock Analysis page.