Our latest Investing Matters Podcast episode with QuotedData's Edward Marten has just been released. Listen here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksPanthera Res. Regulatory News (PAT)

Share Price Information for Panthera Res. (PAT)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 6.75
Bid: 6.50
Ask: 7.00
Change: 0.00 (0.00%)
Spread: 0.50 (7.692%)
Open: 6.75
High: 6.75
Low: 6.75
Prev. Close: 6.75
PAT Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

Galaxy Termination

4 May 2021 07:00

RNS Number : 4147X
Panthera Resources PLC
04 May 2021
 

4 May 2021

 

Panthera Resources Plc

(Panthera or the Company)

 

Galaxy Termination

 

Panthera Resources plc (AIM: PAT), the gold exploration and development company with assets in West Africa and India announces that the term sheet with Galaxy Gold Mines Pvt Limited (Galaxy) has lapsed effective 30 April 2021.

 

Reflecting the recent change in the Indian mining law, the Company has elected not to extend the term sheet with Galaxy. The Company's efforts are focused on pursuing its legal rights in India and, working with Fasken in preparation for a potential international arbitration under the Australia-India Bilateral Investment Treaty.

 

Background

 

On 20 December 2018, the Company announced that Indo Gold Pty Ltd (IGL), a subsidiary of Panthera, had entered into a binding term sheet with Galaxy. The Term Sheet was subsequently amended and extended to 16 December 2020 and 30 April 2021.

 

Galaxy retains a 5% equity interest in IGL with the remaining 95% interest held by Panthera. IGL holds Panthera's mining and other ownership interests in India, including any rights to the Bhukia Project.

 

Contacts

 

Panthera Resources PLC

Mark Bolton (Managing Director) +61 411 220 942

contact@pantheraresources.com

 

Allenby Capital Limited (Nominated Adviser & Broker) +44 (0) 20 3328 5656

John Depasquale (Corporate Finance)

 

Financial Public Relations

Vigo Communications Ltd +44 (0)20 7390 0230

Simon Woods / Chris McMahon

 

 

Subscribe for Regular Updates

 

Follow the Company on Twitter at: @PantheraPLC

 

For more information and to subscribe to updates visit: www.pantheraresources.com

 

Market Abuse Regulation (MAR) Disclosure

Certain information contained in this announcement would have been deemed inside information for the purposes of Article 7 of Regulation (EU) No 596/2014 until the release of this announcement.

 

Forward-looking Statements

This news release contains forward-looking statements that are based on the Company's current expectations and estimates. Forward-looking statements are frequently characterised by words such as "plan", "expect", "project", "intend", "believe", "anticipate", "estimate", "suggest", "indicate" and other similar words or statements that certain events or conditions "may" or "will" occur. Such forward-looking statements involve known and unknown risks, uncertainties, and other factors that could cause actual events or results to differ materially from estimated or anticipated events or results implied or expressed in such forward-looking statements. Such factors include, among others: the actual results of current exploration activities; conclusions of economic evaluations; changes in project parameters as plans continue to be refined; possible variations in ore grade or recovery rates; accidents, labour disputes, and other risks of the mining industry; delays in obtaining governmental approvals or financing; and fluctuations in metal prices. There may be other factors that cause actions, events, or results not to be as anticipated, estimated, or intended. Any forward-looking statement speaks only as of the date on which it is made and, except as may be required by applicable securities laws, the Company disclaims any intent or obligation to update any forward-looking statement, whether as a result of new information, future events, or results or otherwise. Forward-looking statements are not guarantees of future performance and accordingly, undue reliance should not be put on such statements due to the inherent uncertainty therein.

 

**ENDS**

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
 
END
 
 
MSCGUGDUSUGDGBS
Date   Source Headline
4th Mar 20247:00 amRNSShares in Lieu
9th Feb 20247:01 amRNSExercise of Wuo Land 2 Option
6th Feb 20249:22 amRNSKalaka and Bido Project Update
2nd Jan 20247:00 amRNSIssue of Notice of Dispute with India
29th Dec 20231:00 pmRNSTotal Voting Rights
29th Dec 20237:00 amRNSHalf-year Report
18th Dec 20237:38 amRNSEquity Financing Update
6th Dec 202310:22 amRNSEquity Financing
29th Nov 202310:30 amRNSResult of Meeting
9th Nov 20237:00 amRNSBhukia Update
31st Oct 20237:00 amRNSNotice of AGM
9th Oct 20237:00 amRNSKalaka Project Drilling Assay Results
27th Sep 20238:34 amRNSRajasthan High Court Decision
25th Aug 20237:00 amRNSFunding Confirmation Notice: US$13.6 million
22nd Aug 20237:13 amRNSArbitration Financing Update
21st Aug 202310:46 amRNSCompletion of Drilling at Kalaka
14th Aug 20237:00 amRNSArbitration Financing Update
31st Jul 20235:00 pmRNSTotal Voting Rights
31st Jul 20238:43 amRNSArbitration Financing Update
17th Jul 20238:07 amRNSArbitration Financing Update
11th Jul 20238:00 amRNSExecutive Service Agreement Variation
10th Jul 20237:00 amRNSKalaka Drilling Programme
4th Jul 20237:00 amRNSEquity Financing Update
3rd Jul 20237:00 amRNSArbitration Financing Update
28th Jun 202311:30 amRNSResult of Meeting
12th Jun 20237:00 amRNSNotice of GM
5th Jun 202312:28 pmRNSTotal Voting Rights
1st Jun 20237:00 amRNSArbitration Financing Update
25th May 20237:32 amRNSCascades Drilling Results
2nd May 20237:10 amRNSEquity Financing Update
2nd May 20237:00 amRNSOperations Update
19th Apr 20231:32 pmRNSEquity Issue Update
12th Apr 202310:13 amRNSDirector/PDMR Shareholding
29th Mar 20237:30 amRNSIssue of Equity
8th Mar 20234:35 pmRNSPrice Monitoring Extension
8th Mar 20232:05 pmRNSSecond Price Monitoring Extn
8th Mar 20232:00 pmRNSPrice Monitoring Extension
3rd Mar 20234:40 pmRNSSecond Price Monitoring Extn
3rd Mar 20234:35 pmRNSPrice Monitoring Extension
28th Feb 20237:00 amRNSArbitration Funding for up to US$10.5 million
13th Feb 20237:00 amRNS10000m Drilling Programme Commenced at Cascades
23rd Dec 20229:14 amRNSHalf Year Report 30 September 2022
23rd Nov 202211:36 amRNSResult of AGM
12th Oct 20227:00 amRNSBido Exploration Update
10th Oct 20221:32 pmRNSEquity Financing Update
5th Oct 202212:17 pmRNSTotal Voting Rights
3rd Oct 20221:27 pmRNSEquity Financing
30th Sep 20222:08 pmRNSAnnual Financial Report 31 March 2022
7th Sep 20227:04 amRNSSignificant New Gold Discovery at Labola
5th Sep 20227:22 amRNSBassala Drilling Identifies Five Prospects

Due to London Stock Exchange licensing terms, we stipulate that you must be a private investor. We apologise for the inconvenience.

To access our Live RNS you must confirm you are a private investor by using the button below.

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.