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Panthera Resources PLC - gold exploration and development company with assets in west Africa and India - Says all material commercial conditions precedent for the transfer of the Kalaka project to Moydow Holdings Ltd have now been met. There are still administrative and logistical activities to be completed, including the stamping and lodging of various documents and agreements between the parties and applicable government departments in Mali. As such, Panthera has agreed to extend the completion date for the sale of Kalaka to Moydow to January 31.
Current stock price: 33.20 pence
Year-to-date change: up 0.6%
By Lucy Heming; lucyheming@alliancenews.com
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