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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: 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
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TRADING UPDATES: Versarien "pleased"; D4t4 first-half revenue rises

Mon, 30th Oct 2023 17:45

(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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Versarien PLC - Cheltenham, England-based engineering materials company - Says "turnaround continues" and "commercial progress" being made in areas of leisure and construction. "In the leisure area, discussions have been held with a number of potential new customers for the company's graphene-wear coatings in recent weeks. In construction, in addition to a number of ongoing Cementene trials, the company is engaged in the production of additional 3D printed concrete structures and Versarien's participation in the Digital Roads of the Future and Roads Research Alliance programmes is generating further potential opportunities, including the potential use of graphene in asphalt resurfacing," it adds. "We are pleased with the increasing level of commercial engagement in both of the company's core areas of leisure and construction. The company's strategy, which is focused on a light manufacturing model, is progressing as planned and we look forward to updating shareholders on further progress in due course."

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D4t4 Solutions PLC - Middlesex, England-based data management platform - Says results for first half to September 30 to be in line with management expectations, with revenue of GBP13.0 million, up from GBP8.1 million a year prior. Expects to swing to adjusted pretax profit of GBP200,000, from loss of GBP1.3 million. "We have made progress as we continue to convert our improving sales pipeline, while the outcome was also assisted by the revenues related to the delays in contract signings at the previous year end, which were signed during this period," it says. Expects full-year performance in line with expectations.

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Asiamet Resources Ltd - focused on copper, gold and polymetallic assets in Indonesia - Updates on BKM copper project in Indonesia. Says final version of the independent technical expert report from SRK Consulting has been issued and delivered to lead bank. "The bank will now commence its commercial and financial analysis leading to the request for initial credit committee approval to act as lead arranger for the BKM project debt finance," Asiamet says. "Pathway meetings for completion of prospective lead bank credit committee approvals have been held and remain ongoing. All parties are focused on delivering this initial approval before end of this calendar year." On possible offtakes, Asiamet says talks continue, with detailed review of indicative term sheet completed, and feedback to be provided to an international metals trading group. "Several prospective prepayment finance providers remain actively engaged with another two groups recently commencing diligence," it adds.

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Panther Metals PLC - investor in mining companies - Notes announcement from investee Panther Metals Ltd, which says "significant gold intercepts" found amid aircore drilling campaign undertaken over the Ridge target within the 40 Mile Camp prospect in Australia. Panther Metals PLC adds: "The drill intercepts also validate the need to follow-up on the deeper three-dimensional geophysics inversion targets in the area and provide significant confidence to the wider exploration model for the 40 Mile Camp and 40 Mile Camp East prospect areas." It has just shy of a 24% stake in Panther Metals Ltd.

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Electric Guitar PLC - Reading, England-based digital marketing - Enters into deal with Sanderson Capital Partners Ltd, a 19% shareholder, for provision of loan facility to company. Says GBP250,000 to be provided, GBP150,000 satisfied through issue of shares on repayment date. Repayment date will be earliest of six months or date of admission to AIM. It is currently Main Market listed.

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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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2 Jan 2024 12:11

IN BRIEF: Panther Metals rises amid expectations for growth in 2024

Panther Metals PLC - Canada-focused mineral exploration company - Says it is "well positioned" for accelerated growth in 2024. Chief Executive Officer Darren Hazelwood said: "External factors, such as the continued drive towards decarbonisation, renewable energy and electric vehicles has resulted in a global shift towards securing access to critical raw materials and metals, creating a favourable environment that Panther will leverage given our geographic positioning to serve the North American market." It also places "strategic emphasis" on the Obonga project situated within the highly prospective Obonga greenstone belt.

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29 Dec 2023 11:16

Panther Metals takes options on mining claims to extend Obongo project

(Alliance News) - Panther Metals PLC on Friday said it has agreed to a purchase option over 35 single-cell mining claims in Ontario, Canada.

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20 Dec 2023 12:13

IN BRIEF: Panther Metals cancels loan notes as project under budget

Panther Metals PLC - Canada-focused mineral exploration company - Gives update on financing arrangements. On November 20, agreed to issue in aggregate GBP300,000 in face value of 15% unsecured loan notes with a 12 month maturity, and warrants attached on a one-for-one basis with an exercise price of 3.3 pence each. The proceeds were meant to be used to fund Panther's inaugural diamond drilling programme at the Manitou Lakes project in Ontario, Canada.

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5 Dec 2023 18:09

EARNINGS AND TRADING: Oxford Metrics revenue up; TPXimpact loss widens

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

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30 Nov 2023 19:57

EARNINGS AND TRADING: Lendinvest completes securitisation

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

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27 Nov 2023 20:02

TRADING UPDATES: Live Co to cut jobs; SDX Energy in strategy shift

(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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21 Nov 2023 14:27

IN BRIEF: Panther Metals starts diamond drilling at Manitou Lakes

Panther Metals PLC - Canada-focused mineral exploration company - Starts diamond drilling programme at Manitou Lakes project to target gold mineralisation at the Glass Reef target. Says option partner Shear Gold Exploration Corp is providing geological oversight and logistical management. Chief Executive Officer Darren Hazelwood says: "I am delighted to report that the inaugural drilling programme on the Manitou Lakes project has now commenced with the drill rig arriving at the roadhead and the drilling contractor commencing ground access and preparation work at the Glass Reef target."

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20 Nov 2023 18:23

TRADING UPDATES: Eqtec to restucture; Bushveld to sell Cellcub stake

(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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15 Nov 2023 14:28

IN BRIEF: Panther Metals says metallurgical tests complete at Coglia

Panther Metals PLC - Canada-focused mineral exploration company - Says Australian arm Panther Metals Ltd has received all assays from the recent drilling programme on the periphery of a nickel-cobalt mineral resource estimate at the Coglia project in Western Australia. Panther Australia has also completed Stage 1 metallurgical test work which identified sulphuric acid as the optimal reagent for a heap leaching operation. Stage 2 work has now commenced. Panther Australia, in which Panther Metals has a 23.54% shareholding, will in due course initiate a scoping study to provide an economic valuation of Coglia.

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1 Nov 2023 14:31

IN BRIEF: Panther Metals Chief Operating Officer resigns

Panther Metals PLC - Canada-focused mineral exploration company - Says Chief Operating Officer Mitchell Smith resigned on Tuesday, as well as non-executive director Kate Asling. Says Katherine O'Reilly and Tracy Weslosky have been appointed non-executive directors, effective immediately.

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24 Oct 2023 17:27

EARNINGS AND TRADING: Fiske swings to profit, Aterian starts Rwanda JV

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

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3 Oct 2023 14:17

Fulcrum Metals increases Charlot-Neely Lake uranium-gold project stake

(Alliance News) - Fulcrum Metals PLC on Tuesday said it is increasing its stake in the Charlot-Neely Lake uranium-gold project in northern Saskatchewan by 63%.

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27 Sep 2023 16:06

TRADING UPDATES: ECR Minerals submits exploration licence in Australia

(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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25 Sep 2023 13:50

Panther Metals celebrates drill assays, swings to half-year profit

(Alliance News) - Panther Metals PLC on Monday said it swung to a profit in its latest half year and made strong progress on its exploration projects, although it remains reliant on future fundraising.

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