Panther Metals plc has raised a total of £55,569 in the retail offer for existing shareholders, for 92,616 new ordinary shares. TVRs The retail offer, together with the 28 October placing of 1,092,616 new ordinary shares, has raised in aggregate £655,569.60. Following admissoin, the company’s issued ordinary share capital will comprise 6,983,986 ordinary shares, with […]
Tag: Winston project – Ontario – Canada
Panther targets £700,000 fundraise
Panther Metals plc has raised gross £600,000 via a discounted placing by its chief executive officer Darren Hazelwood for one million new ordinary shares, which he intends to sell to certain investors. RETAIL OFFER The issued shares represent around 17% the company’s existing issued ordinary share capital. The discount is of 11% to the closing […]
Panther appoints SRK for Winston MRE
Panther Metals plc has appointed SRK Exploration Ltd as independent consultants to conduct a mineral resource estimate for its optioned Winston tailings project in Ontario, Canada. The historic site contains high-grade gold, gallium, silver, zinc, copper and cobalt and other minerals within the mine’s tailings storage facility. Panther said that the MRE would be based […]
Panther sees ‘many millions’ cash from Winston
Panther Metals plc said that sampling results had confirmed the “considerable potential value” of the tailings storage facility at its optioned Winston mine project in Ontario, Canada. INFRASTRUCTURE The site comprises the Pick Lake and Winston Lake deposits, the Winston Lake mine site infrastructure and “highly prospective” exploration targets. Sampling returns exceeded the company’s expectations […]
Panther appoints Keren Usenmez as adviser
Panther Metals plc has appointed Kerem Usenmez MSc. P.Eng to the company’s advisory board. Mr Usenmez is a licensed engineer in Manitoba and Ontario, Canada and has more than 25 years’ mining industry and leadership experience, from exploration to mine development. He is a member of the board of directors of the Prospectors and Developers […]
Panther begins sampling at Winston tailings
Panther Metals plc has started a sampling programme of tailings at the Winston project on the historic Winston Lake mine in Ontario, Canada. QUANTITY The work also involves assessment of the financial potential of tailings reprocessing and the opportunities to increase the operational life of the project. Panther will also evaluate the potential to grow […]