Equity Financing Update

Panthera Resources PLC

22 September 2026

 

22 September 2026

Panthera Resources Plc

("Panthera" or the "Company")

Issuer LEI: 203213800IB98EG6736XN82

Equity Financing Update

Shares in Lieu of Fees

and

Director/PDMR Dealing

Gold exploration and development company Panthera Resources Plc (AIM: PAT), provides the following update in respect of the Company's equity financing, details of which were most recently announced on 9 September 2026.

Following completion of First Admission, the remaining 1,191,923 new Ordinary Shares representing approximately £0.21 million will admit to trading on AIM on or around 28 September 2026 ("Second Admission"). 

Shares in Lieu of Fees

The Company has agreed to issue 450,000 new Ordinary Shares, at a deemed issue price of 16.6 pence per new Ordinary Share, in settlement of certain advisory fees owed to a consultant.  The issue price reflects the Company's prevailing share price at the time of commencement of the engagement. The issue of new Ordinary Shares in lieu of payment of cash preserves the Company's resources while satisfying the outstanding fees.

Director/PDMR Dealing

Further to the Company's announcement on 3 September 2026, the Company has been notified that Michael Higgins, Non-Executive Chairman of the Company, has sold 2,500,000 Ordinary Shares at a price of 17.5 pence per Ordinary Share. 

Following this sale, Mr Higgins holds 7,295,825 Ordinary Shares, representing approximately 2.66% of the Company's current issued share capital.

Application for Admission

Application has been made to the London Stock Exchange plc for 1,641,923 new Ordinary Shares to be admitted to trading on the AIM. It is expected that Second Admission will become effective and that dealings in the 1,641,923 new Ordinary Shares will commence on AIM at 8.00 a.m. on or around 28 September 2026.

Following Second Admission, the Company's issued share capital will comprise 276,083,954 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.

Details of the director dealing are set out in the table at the end of this announcement, which has been provided in accordance with the requirements of the UK Market Abuse Regulation.

Unless otherwise defined, definitions contained in this announcement have the same meaning as set out in the announcement made by the Company on 9 September 2026.

Contacts

Panthera Resources PLC

Mark Bolton (Managing Director)                                                                              [phone]

[e-mail]

Allenby Capital Limited (Nominated Adviser)                                            [phone]

John Depasquale / Vivek Bhardwaj (Corporate Finance)                                                               

VSA Capital Limited (Joint Broker)                                                                   [phone]

Andrew Monk / Andrew Raca

AlbR Capital Limited (Joint Broker)                                                                 [phone]

Colin Rowbury                                                                                                                                                  

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Forward-looking Statements

This news release contains forward-looking statements that are based on the Company's current expectations and estimates. Forward-looking statements are frequently characterised by words such as "plan", "expect", "project", "intend", "believe", "anticipate", "estimate", "suggest", "indicate" and other similar words or statements that certain events or conditions "may" or "will" occur. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that could cause actual events or results to differ materially from estimated or anticipated events or results implied or expressed in such forward-looking statements. Such factors include, among others: the actual results of current exploration activities; conclusions of economic evaluations; changes in project parameters as plans continue to be refined; possible variations in ore grade or recovery rates; accidents, labour disputes and other risks of the mining industry; delays in obtaining governmental approvals or financing; and fluctuations in metal prices. There may be other factors that cause actions, events or results not to be as anticipated, estimated or intended. Any forward-looking statement speaks only as of the date on which it is made and, except as may be required by applicable securities laws, the Company disclaims any intent or obligation to update any forward-looking statement, whether as a result of new information, future events or results or otherwise. Forward-looking statements are not guarantees of future performance and accordingly, undue reliance should not be put on such statements due to the inherent uncertainty therein.

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them: 

1.	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Michael Higgins
2.	Reason for the Notification
a)	Position/status	Non-Executive Chair
b)	Initial notification/Amendment	Initial Notification
3.	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Panthera Resources Plc
b)	LEI	213800IB98EG6736XN82
4.	Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)	Description of the Financial instrument, type of instrument	Ordinary shares of 1p each in Panthera Resources Plc
	Identification code	ISIN: GB00BD2B4L05
b)	Nature of the transaction	Sale of Ordinary Shares
c)	Price(s) and volume(s)	Price(s)  Volume(s)  £0.175  2,500,000
d)	Aggregated information:
	-  Aggregated volume	N/A
	-  Price	N/A
e)	Date of the transaction	21 September 2026
f)	Place of the transaction	London Stock Exchange, XLON

 

END