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Panthera Resources Plc ( (GB:PAT) ) has provided an update.
Panthera Resources Plc has announced the issuance of 1,216,175 new ordinary shares to settle director and professional fees, reducing cash expenditures and aligning director interests with shareholders. This move is expected to impact the company’s financial management positively by conserving cash and maintaining liquidity, while also potentially affecting shareholder calculations regarding share interests as the total issued share capital changes.
More about Panthera Resources Plc
Panthera Resources Plc operates in the gold exploration and development industry, with a focus on assets located in West Africa and India. The company is involved in identifying, acquiring, and developing gold resources, aiming to expand its market presence and leverage its assets within these regions.
YTD Price Performance: 16.00%
Average Trading Volume: 389,172
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £14.15M
For a thorough assessment of PAT stock, go to TipRanks’ Stock Analysis page.
