Pantheon Resources PLC - oil and gas company focused on onshore operations in the US, including several large projects on Alaska's North Slope - Further to fundraise announced on May, says 95.3 million shares will be admitted to AIM on May 24. The balance of 8.8 million shares will be admitted to trading once the outstanding subscription funds are received which is expected over the coming days. Company raised around USD22 million via the placing, subscription and retail offer at a price of 17 pence per share.
Current stock price: 20.48 pence, up 21% in London on Tuesday
12-month change: down 80%
By Jeremy Cutler, Alliance News reporter
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Pantheon Resources plc (PANR)