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
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Follow the Company on X (formerly Twitter) at @PantheraPLC
For more information and to subscribe to updates visit: Pantheraresources.com
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