Last checked at 9 Jul 2019 08:30
9 July 2019
Panthera Resources Plc
("Panthera" or "the Company")
Update on Rajasthan High Court Case
Panthera Resources plc (AIM: PAT), the gold exploration and development company with assets in India and West Africa, is pleased to provide an update regarding the pending Rajasthan High Court Case.
The High Court has previously issued notices to both the Government of Rajasthan and Government of India, and more recently passed an additional order giving the Government a last opportunity to file a reply to the writ petition by 17 June 2019, with the matter relisted for 8 July 2019. To date no reply has been filed by the Government.
The writ petition was listed for yesterday but did not reach the roster before the court session ended. This matter will now be rescheduled by the court.
In the meantime, the Stay Order remains in place and protects the rights of the joint venture over the entire area of the Prospecting Licence application.
Further updates will be provided in due course.
Enquiries
Panthera Resources PLC
Geoff Stanley (CEO) +1 (917) 941 7704
Nominated Advisor and Broker
RFC Ambrian +44 (0) 20 3440 6800
Rob Adamson
Bhavesh Patel
Charlie Cryer
Market Abuse Regulation (MAR) Disclosure
The information communicated in this announcement includes inside information for the purposes of Article 7 of Regulation 596/2014.