We would love to hear your thoughts about our site and services, please take our survey here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksPanthera Res. Share News (PAT)

Share Price Information for Panthera Res. (PAT)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 6.50
Bid: 6.00
Ask: 7.00
Change: -0.02 (-0.31%)
Spread: 1.00 (16.667%)
Open: 6.50
High: 6.50
Low: 6.38
Prev. Close: 6.52
PAT Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

IN BRIEF: Panthera unveils USD18 million agreement for Labola project

Wed, 25th Aug 2021 14:43

Panthera Resources PLC - West Africa and India-focused gold miner - Unveils USD18 million farm-out agreement on Labola Project in Burkina Faso, West Africa, with Diamond Fields Resources Inc. Labola reverse circulation drilling, by Panthera associate company Moydow Holdings Ltd, completed in mid-August. Full assay results are anticipated at the end of third quarter.

Plans to restructure ownership interests in Moydow and underlying assets. Spins-out of Kalaka and Nigeria projects from Moydow into new entity Maniger, interest split 50-50 between Panthera and Diamond Fields. Diamond Fields will own 80% of Moydow on the conditional of spending USD18 million on Labola, Panthera holds other 20%. Panthera holds 10% back-in right of USD7.2 million for five years or earlier than Diamond Fields's spend.

"The Diamond Fields resources transaction secures significant multi-year financing for Labola, ameliorates potential concentration of risk and maximises shareholder exposure to the growth opportunity from our wider asset portfolio," says Managing Director Mark Bolton.

Current stock price: 13.90 pence, up 4.9% today

Year-to-date change: down 58%

By Josie O'Brien; josieobrien@alliancenews.com

Copyright 2021 Alliance News Limited. All Rights Reserved.

More News
10 Apr 2024 13:36

TRADING UPDATES: Fulcrum acquires Ontario gold tailings project

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

Read more
2 Apr 2024 13:24

IN BRIEF: Panthera Resources issues notice of dispute in India

Panthera Resources PLC - gold exploration company with assets in India and West Africa - Updates on dispute with the Republic of India. Explains this relates to the latter's breaches of its obligations under the 1999 agreement between the government of Australia and the government of India on the promotion and protection of investments. On January 2, says its Australian subsidiary, Indo Gold Pty Ltd formally issued a notice of dispute to India in relation to the Bhukia project. Should attempts to reach an amicable settlement fail IGPL says it will promptly deliver a notice of arbitration to the government of India.

Read more
9 Feb 2024 12:32

Panthera shares rise as Moydow exercises Wuo Land 2 option

(Sharecast News) - West Africa and India-focussed gold explorer and developer Panthera Resources announced on Friday that Moydow Holdings has chosen to exercise its exclusive option to acquire the Wuo Land 2 exploration licence, a part of the Cascades Project in Burkina Faso.

Read more
9 Feb 2024 10:31

IN BRIEF: Panthera says Moydow to buy Wuo Land 2 exploration licence

Panthera Resources PLC - gold exploration company with assets in India and West Africa - Says Moydow Holdings Ltd will buy the Wuo Land 2 exploration licence that comprises part of the Cascades project in Burkina Faso. The option over Wuo land 2 is over 243 quare kilometres and covers approximately 30km strike length of identified mineralization at Cascades

Read more
2 Jan 2024 11:48

Panthera subsidiary notifies Indian government over Bhukia dispute

(Alliance News) - Panthera Resources PLC on Tuesday confirmed that its Australian subsidiary had commenced litigation against the Republic of India.

Read more
29 Dec 2023 13:11

Panthera Resources first-half losses narrow

(Sharecast News) - Gold explorer and developer Panthera Resources reported a total first-half loss of $1.01m, or one cent per share, on Friday, narrowing from the prior year's loss of $1.48m.

Read more
29 Dec 2023 12:45

London close: Stocks mixed after short New Year session

(Sharecast News) - London markets had a mixed performance in a shortened pre-holiday trading session on Friday.

Read more
29 Dec 2023 10:53

Panthera interim loss narrows on lower costs; to focus on India claim

(Alliance News) - Panthera Resources PLC on Friday said its interim loss narrowed as exploration costs stopped.

Read more
29 Dec 2023 07:47

LONDON BRIEFING: FTSE 100 to edge higher, rounding off lacklustre year

(Alliance News) - Stocks in London are expected to edge higher on Friday, as investors reflect on an eventful year and look ahead to what's in store for 2024.

Read more
18 Dec 2023 19:40

IN BRIEF: Panthera Resources raises GBP150,000 via subscription

Panthera Resources PLC - gold exploration and development company - Raises GBP150,000 by way of a subscription of a total of 3.0 million shares at 5 pence each. Intends that the net proceeds of the will be deployed towards the activities in India and West Africa and meeting the company's working capital commitments.

Read more
6 Dec 2023 12:17

Panthera raises GBP745,000 for activity in India and west Africa

(Alliance News) - Panthera Resources PLC on Wednesday announced that it will issue new shares to finance its activity in India and west Africa.

Read more
22 Nov 2023 15:53

UK shareholder meetings calendar - next 7 days

Thursday 23 November 
abrdn UK Smaller Companies Growth Trust PLCAGM
Avation PLCAGM
Bradda Head Lithium LtdAGM
DX Group PLCAGM
Europa Oil & Gas Holdings PLCAGM
Fiske PLCAGM
JPMorgan UK Smaller Cos Investment Trust PLCAGM
Hotel Chocolat Group PLCAGM
Pacific Horizon Investment Trust PLCAGM
Pan African Resources PLCAGM
PZ Cussons PLCAGM
Rosslyn Data Technologies PLCAGM
Friday 24 November 
Base Resources LtdAGM
Cloudbreak Discovery PLCAGM
Esken LtdEGM re Esken Renewables disposal
Neometals LtdAGM
Sovereign Metals LtdAGM
Sylvania Platinum LtdAGM
Monday 27 November 
Chelverton Growth Trust PLCGM re voluntary liquidation
European Smaller Cos Trust PLCAGM
JPMorgan Global Emerging Markets Income Trust PLCAGM
Quadrise PLCAGM
Tribal Group PLCGM re cash offer by Tiger Bidco 1 Ltd
Tuesday 28 November 
Bluefield Solar Income Fund LtdAGM
London Finance & Investment Group PLCAGM
Nanoco Group PLCAGM
Oakley Capital Investments LtdAGM
Wednesday 29 November 
Artemis Resources LtdAGM
Aura Energy LtdAGM
Contango Holdings PLCAGM
CVS Group PLCAGM
Fidelity Asian Values PLCAGM
Ikigai Ventures LtdAGM
Panthera Resources PLCAGM
Reconstruction Capital II LtdAGM
Renishaw PLCAGM
RiverFort Global Opportunities PLCAGM
Sabien Technology Group PLCAGM
Scancell Holdings PLCAGM
Seeing Machines LtdAGM
SLF Realisation Fund LtdAGM
Target Healthcare REIT PLCAGM
Thor Energy PLCAGM
Transense Technologies PLCAGM
Vast Resources PLCAGM
  
Copyright 2023 Alliance News Ltd. All Rights Reserved.

Read more
9 Nov 2023 13:47

EARNINGS AND TRADING: MetalNRG hails Gold Ridge findings

(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:

Read more
9 Oct 2023 15:14

Panthera upbeat on assay results from Kalaka drilling

(Sharecast News) - Gold explorer and developer Panthera Resources announced assay results from its recent drilling programme at the Kalaka Project in Mali on Monday.

Read more
9 Oct 2023 11:54

IN BRIEF: Panthera assay finds "significant mineralisation" at Kalaka

Panthera Resources PLC - gold explorer and developer with assets in India and West Africa - Announces assay results from recent drilling programme at the Kalaka project in southeastern Mali. Company is the project's operator and owns a 40% interest, as does DFR Gold Inc. Says significant mineralisation was intersected at the K1A prospect, comparable to historical drilling. Completed eight reverse circulation drill holes for 705 metres advance at K1A. Panthera says assay results include 76 metres at 0.53 grams of gold per tonne in hole KRC_23_005 and 85 metres at 0.52 grams in KRC_23_007. Drilling was however interrupted due to heavy rain, meaning that proposed northern exploration holes currently remain untested.

Read more

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.