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Pin to quick picksPanther Metals Share News (PALM)

Share Price Information for Panther Metals (PALM)

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Share Price: 4.55
Bid: 4.30
Ask: 4.80
Change: 0.00 (0.00%)
Spread: 0.50 (11.628%)
Open: 4.55
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TRADING UPDATES: Fulcrum hails Big Bear find; Aminex's Ruvuma progress

Thu, 02nd Mar 2023 17:24

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Thursday and not separately reported by Alliance News:

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Aminex PLC - oil & gas investment company focused on Tanzania - Plans to accelerate production at Ruvuma asset in Tanzania have continued, with October 2023 now the target for production of first gas. "This acceleration in the gas production schedule will result in earlier gas revenues to the company (Q4 of 2023), decoupling the production of first gas from the spudding of the CH-1 well," Aminex says. Scirocco Energy PLC, which in Augus announced sale of 25% stake in Ruvuma, notes the announcement.

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Neometals Ltd - minerals and materials project development company - Strikes deal to formalise firm's 50% ownership of vanadium recovery joint venture company Recycling Industries Scandinavia AB. Gives Neometals right to appoint chair with casting vote. Remaining stake is owned by Scandinavian Resources Pty Ltd. Neometals subsidiary Ecometals immediately injects AUD3 million, GBP1.7 million, to fund exploration activities. Scandinavian Resources has until March 31 to match that investment to keep its 50% stake. If it does not, Neometals will own 75%.

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Good Energy Group PLC - Wiltshire, England-based supplier of renewable power and energy services - Begins domestic rooftop solar installation, just two months after sealing buy of Igloo Works. "This is a significant milestone and demonstrates how the acquisition of Igloo Works provides Good Energy with a platform to execute the company's strategy to expand its decentralised energy services offering and rapid consolidation of Good Energy's leading role in the solar space," Good Energy says. "The company has identified a key target segment of over 250,000 households considering a solar installation by 2026. In 2022, UK installations doubled to over 130,000 with high energy prices driving increased interest in households generating their own power."

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Fulcrum Metals PLC - multi-commodity minerals exploration company - Hails "successful" results from exploration of Big Bear property at Schreiber-Hemlo project area. "A total of 45 rock samples were collected for assay, with results confirming prospectivity, including high-grade gold results," Fulcrum says. Chief Executive Officer Ryan Mee says: "I am delighted to report on the successful exploration programme at the Big Bear property within our Schreiber - Hemlo project and our first announcement since listing on AIM last month." Panther Metals PLC, which holds a 2% net smelter return on Big Bear, notes announcement. Panther also has 20% interest in Fulcrum.

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By Eric Cunha, Alliance News news editor

Comments and questions to newsroom@alliancenews.com

Copyright 2023 Alliance News Ltd. All Rights Reserved.

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Panther Metals agrees to sell Australia asset interest for GBP200,000

(Alliance News) - Panther Metals PLC on Wednesday said it conditionally agreed to sell its 30% interest in the Blue Mountain project in Queensland, Australia for GBP200,000 to ECR Minerals PLC.

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27 Mar 2023 21:12

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23 Mar 2023 14:29

TRADING UPDATES: Eqtec hails French state contract; Conroy finds gold

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Thursday and not separately reported by Alliance News:

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14 Feb 2023 11:49

Fulcrum Metals raises GBP3.0 million via AIM initial public offering

(Alliance News) - Fulcrum Metals PLC on Tuesday said it raised GBP3.0 million via an initial public offering, as its shares began trading on AIM in London on Tuesday.

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10 Feb 2023 11:50

Panther Metals notes Fulcrum announces initial public offering pricing

(Alliance News) - Panther Metals PLC on Friday said it noted Fulcrum Metals PLC announced the successful pricing of an initial public offering to raise GBP3 million in gross proceeds.

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2 Feb 2023 19:39

TRADING UPDATES: Lords sells business; Atome wins joint venture deal

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Thursday and not separately reported by Alliance News:

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30 Jan 2023 14:23

TRADING UPDATES: Empire Metals confirms copper; Mosman hails progress

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Monday and not separately reported by Alliance News:

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8 Dec 2022 15:24

Panther Metals hails Australian opportunities on gold lode discovery

(Alliance News) - Panther Metals PLC on Thursday said that it has discovered multiple new gold-rich quartz lodes at its asset in Australia, following on from exploration drilling at the site.

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1 Dec 2022 21:42

TRADING UPDATES: Renalytix hails trial results; Kingswood buys JFP

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Thursday and not separately reported by Alliance News:

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24 Nov 2022 14:13

IN BRIEF: Panther Metals finishes phase one drilling at Obonga project

Panther Metals PLC - Canada-focused mineral exploration company - Completes the first phase of its diamond drilling programme at the Obonga project in Ontario, with 9 drill holes finished over a total of 1,500 metres drilled. The Obonga programme began on October 25 to target multiple high priority electromagnetic and magnetic geophysical anomalies prospective for volcanogenic massive sulphide hosted copper base metal mineralisation and intrusion hosted nickel, platinum and palladium.

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25 Oct 2022 11:55

IN BRIEF: Panther Metals says drilling at Obonga in Canada starts

Panther Metals PLC - mineral exploration in Canada - Says diamond drilling programme at Obonga project, the first of five prospect areas, has begun. Says helicopter and first diamond drilling rig arrived at site and mobilised to start drilling at the Wishbone prospect yesterday. At Wishbone, Panther says it is targeting the base metals copper, lead and zinc as well as potential silver and gold.

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19 Oct 2022 16:41

TRADING UPDATES: Smiths News, Cambridge Cognition win contracts

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Wednesday and not separately reported by Alliance News:

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18 Oct 2022 09:59

Panther Metals expands soil program as precursor to drilling campaign

(Alliance News) - Panther Metals PLC on Tuesday said it has begun a second soil programme at the Manitou Lakes project in Ontario, Canada.

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