Equity Financing Update

Summary by AI BETAClose X

Panthera Resources Plc has updated its equity financing, now anticipating the issuance of 15,534,138 new ordinary shares to raise approximately £2.72 million in gross proceeds. Due to settlement delays for 1,191,923 shares, admission will occur in two tranches: 14,342,215 shares representing £2.51 million are expected to admit on or around September 10, 2026, with the remaining 1,191,923 shares representing £0.21 million to admit separately at a later date. The company has also agreed to issue 439,680 unlisted options to its brokers. Following the first admission, Panthera's issued share capital will comprise 274,442,031 ordinary shares.

Disclaimer*

Panthera Resources PLC
09 September 2026
 

9 September 2026

Panthera Resources Plc

("Panthera" or the "Company")

 

Equity Financing Update

 

Gold exploration and development company Panthera Resources Plc (AIM: PAT), provides the following update in respect of the Company's equity financing as originally announced on 3 September 2025 (the "Equity Financing"). 

 

The Company previously announced, inter alia, that it expected that 15,362,780 new Ordinary Shares will be admitted to trading on AIM on around 9 September 2026. 

 

Subsequently, commitments have been adjusted with an increase of 171,358 new Ordinary Shares on the same terms as that announced on 3 September 2026.  Accordingly, in aggregate, 15,534,138 new Ordinary Shares are anticipated to be issued as part of the Equity Financing, raising total gross proceeds of approximately £2.72 million. 

 

Split admission 

 

While the Company has received funds for the Equity Financing, due to delays in obtaining CREST settlement instructions associated with 1,191,923 new Ordinary Shares, the Company will now seek admission in two tranches. 

 

Accordingly, it is now anticipated that 14,342,215 new Ordinary Shares representing approximately £2.51 million (the "First Tranche") will admit to trading on AIM on or around 10 September 2026 ("First Admission"). The remaining 1,191,923 new Ordinary Shares representing approximately £0.21 million (the "Second Tranche") will admit to trading on AIM on a separate date to be announced in due course ("Second Admission").  

 

Options

 

In connection with the Equity Financing, the Company has agreed to issue 439,680 unlisted certificated options to its brokers ("Options"), exercisable at a price of 17.5 pence per Option on or before two years from the date of First Admission with each Option entitling the holder to acquire one new Ordinary Share. 

 

Admission to AIM and Total Voting Rights

 

Application has been made to the London Stock Exchange Plc for the 14,342,215 new Ordinary Shares to be admitted to trading on AIM.  It is currently expected that First Admission will become effective and that dealings in the 14,342,215 new Ordinary Shares will commence on AIM at 8.00 a.m. on or around 10 September 2026.

 

Following First Admission, the Company's issued share capital will comprise 274,442,031 Ordinary Shares. The Company does not hold any Ordinary Shares in treasury. This figure may be used by shareholders in the Company as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the share capital of the Company under the Financial Conduct Authority's Disclosure Guidance and Transparency Rules.

 

Unless otherwise defined herein, the capitalised defined terms used in this announcement have the same meaning as those used in the Company's announcement released at 07:00 on 3 September 2026 under the headline "Issue of Equity".

 

Enquiries:

 

Panthera Resources PLC

Mark Bolton (Managing Director)                                                                                      +61 411 220 942

                                                                                                                    contact@Pantheraresources.com

 

Allenby Capital Limited (Nominated Adviser)                                                        +44 (0) 20 3328 5656

John Depasquale / Vivek Bhardwaj                                                                                                                  

 

VSA Capital Limited (Joint Broker)                                                                            +44 (0) 20 3005 5000

Andrew Monk / Andrew Raca

 

AlbR Capital Limited (Joint Broker)                                                                           +44 (0) 20 7399 9400

Colin Rowbury                                                                                                                                                     

 

Subscribe for Regular Updates

 

Follow the Company on X (formerly Twitter) at @PantheraPLC

 

For more information and to subscribe to updates visit: Pantheraresources.com

 

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
 
END
 
 
UK 100

Latest directors dealings