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Share Price Information for Panther Metals (PALM)

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Share Price: 97.50
Bid: 95.00
Ask: 100.00
Change: 93.55 (2,368.35%)
Spread: 5.00 (5.263%)
Open: 98.50
High: 98.50
Low: 97.50
Prev. Close: 3.95
PALM Live PriceLast checked at -

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Fulcrum Metals signs letter of intent for sale of uranium projects

Wed, 03rd Apr 2024 12:51

(Alliance News) - Fulcrum Metals PLC on Wednesday announced that it signed a letter of intent to sell its Saskatchewan uranium projects.

The Canada-focused mineral exploration and development company said the LOI is with Terra Balcanica Resources Corp, a Bosnia & Herzegovina and Serbia-focused mining explorer.

Terra will have the option to fully buy the projects, paying CAD300,000, around USD221,000, in cash, with the value of shares in Terra to Fulcrum increasing to around CAD3.0 million over four years.

Panther Metals, an Isle of Man-based investor in and acquirer of companies within the natural resource sector with a near 20% stake in Fulcrum, noted the announcement.

Fulcrum Metals shares were flat at 15.00 pence each on Wednesday afternoon in London, while Panther Metals shares rose 7.7% to 3.50p each.

By Tom Budszus, Alliance News slot editor

Comments and questions to newsroom@alliancenews.com

Copyright 2024 Alliance News Ltd. All Rights Reserved.

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24 Mar 2014 11:09

Asian Plantations Appoints Strand Hanson As Adviser On Sale Process

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3 Mar 2014 13:45

Asian Plantations confirms potential sale talks

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3 Mar 2014 13:40

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3 Mar 2014 08:13

Asian Plantations Jumps As It Confirms Takeover Talks With Several Parties

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Tullow Chairman ups investment after profit disappoints

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LONDON (Alliance News) - Asian Plantations Ltd Thursday said Joint Chief Executive Officer Dennis Melka acquired 10,000 shares at 220 pence each. This transaction means Melka is the beneficial holder of 2.5 million shares, representing approximately 5.26% of the firm's share capital.

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Major Havelock stakeholder trades in 1.25m shares

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11 Feb 2014 12:45

DIRECTOR DEALINGS: Asian Plantations CEO Acquires 20,000 Shares

LONDON (Alliance News) - Asian Plantations Limited Tuesday said Joint Chief Executive Officer Dennis Melka acquired 20,000 shares at a price of 222 pence per share. Following this transaction, Melka holds 2.4 million shares, which represents 5.24% stake in the firm. Shares in the palm

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Asian Plantations Says 2013 Sales Met Hopes, Positive On 2014 Outlook

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DIRECTOR DEALINGS: Asian Plantations CEO Acquires 14,000 Shares

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SABMiller Chairman reduces family trust's holding

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