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Panther Metals Ltd (ASX:PNT)

ALERT: Price-sensitive ASX Announcement for PNT
Current share price for PNT : $0.006 -0.002 (-25%)+
Announcement
Release
5 Dec 2025 9:47AM
Price at Release
$0.008
Full Release
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Summary
Panther Metals Ltd announced the successful closure of a non-renounceable entitlement offer, raising approximately $502k. The offer received substantial backing from major shareholders, with the directors collectively contributing $105,000. The funds raised will support exploration and evaluation activities at the Laverton Gold Project and the Coglia Nickel-Cobalt Project, along with other existing projects and related capital raising expenses. The company is focused on placing the remaining shortfall promptly. This strategic financial move strengthens Panther Metals' exploration initiatives in Western Australia and the Northern Territory.
Key Points
  • Non-renounceable entitlement offer closed with $502k raised.
  • Significant shareholder support, including $105,000 from directors.
  • Funds allocated for exploration at Laverton Gold and Coglia Nickel-Cobalt Projects.
  • The company plans to address the remaining shortfall soon.
  • Panther Metals is an ASX-listed explorer with projects in Western Australia and the Northern Territory.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.