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Panther Metals plc published a circular on 14 March 2025, convening a General Meeting (GM) for its shareholders. The GM, scheduled for 9:30 a.m. on 2 April 2025, seeks authority to issue 362,250 new ordinary shares at an issue price of 50p each and deliver 362,250 warrants with an exercise price of 75p to former loan note holders. The deadline for receipt of completed proxy forms is 9:30 a.m. on 31 March 2025.
| Date | 14 Mar 2025 |
| Time | 15:43:14 |
| Category | Miscellaneous |
| ID | 8007A |
FOR IMMEDIATE RELEASE
14 March 2025
Panther Metals plc
("Panther Metals" or the "Company")
(Incorporated and registered in Isle of Man with company number 009753V)
Posting of GM Notice
Panther Metals plc (LSE:PALM), the company focused on mineral exploration in Canada, announces that, further to the Company's announcement of 12 March 2025 (RNS Number: 3848A) relating to the allotment, issue, and admission to listing of a combined total of 362,250 new ordinary shares of no par value each ("Ordinary Shares") at an issue price 50p (the "Settlement Shares") and delivery of 362,250 warrants with an exercise price of 75p to the former holders of loan notes, it has today published a circular ("Circular") convening a general meeting of holders of Ordinary Shares ("Shareholders") (the "GM") and associated form of proxy ("Form of Proxy", and together with the Circular, the "GM Notice") to seek authority from Shareholders for Panther Metals to issue the Settlement Shares and the new Ordinary Shares underlying the warrants.
The GM is scheduled to be held at 9.30 a.m. on 2 April 2025 at the offices of Orrick, Herrington, Sutcliffe (UK) LLP at 9th Floor, 107 Cheapside, London EC2V 6DN, United Kingdom.
Expected Timetable of Principal Events
|
Publication and posting of GM Notice to Shareholders |
14 March 2025 |
|
Latest time and date for receipt of completed Forms of Proxy and receipt of electronic proxy appointments via the CREST system |
9.30 a.m. on 31 March 2025 |
|
Time and date of the GM |
9.30 a.m. on 2 April 2025 |
|
Announcement of result of the GM |
2 April 2025 |
|
All references to time in this announcement are to London time, unless otherwise stated. Any changes to the expected timetable will be notified by the Company through a regulatory information service. |
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The Circular has been submitted to the National Storage Mechanism and will shortly be available for inspection at https://data.fca.org.uk/#/nsm/nationalstoragemechanism. A copy of the Circular will shortly also be available for viewing on the Company's website at https://panthermetals.com/investors/circulars-notices.
- Ends -
Enquiries:
|
Panther Metals plc Darren Hazelwood, Chief Executive Officer |
+44(0) 1462 429 743 +44(0) 7971 957 685 |
|
Brokers
SI Capital Limited Nick Emerson
Tavira Financial Limited Christopher James Kipling
|
+44(0) 203 833 3743 |