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Pathfinder Minerals plc announced that on 10 May 2024, it received £30,000.00 from a Subscriber. This payment contributes to the Subscriber's participation in a previously announced £1.275 million subscription, with an outstanding balance of £30,000.00 remaining from that Subscriber.
| Date | 13 May 2024 |
| Time | 17:24:05 |
| Category | Corporate updates |
| ID | 2410O |
13 May 2024
Pathfinder Minerals plc
("Pathfinder" or the "Company")
Further update in relation to £1.275 million subscription
Pathfinder Minerals PLC (AIM:PFP), an AIM Rule 15 cash shell, announces that further to the Company's notification on 4 April 2024, on 10 May 2024 the Company received £30,000.00 from the Subscriber.
The Company remains in regular dialogue with the Subscriber to settle the outstanding balance of their participation in the Subscription, being £30,000.00. There can be no guarantee that the outstanding balance of £30,000.00 will be settled by the Subscriber.
Unless otherwise defined herein, the capitalised defined terms used in this announcement have the same meaning as those used in the Company's announcement on 4 April 2024.
Enquiries:
Pathfinder Minerals Plc
Paul Barrett, Executive Director
Tel. +44 (0)20 3143 6748
Allenby Capital Limited (Nominated Adviser and Broker)
John Depasquale / Vivek Bhardwaj / Lauren Wright (Corporate Finance)
Stefano Aquilino / Joscelin Pinnington (Sales & Corporate Broking)
Tel. +44 (0)20 3328 5656
OAK Securities (Joint Broker)
Jerry Keen, Head of Corporate Broking (jerry.keen@oak-securities.com)
Henry Clarke, Head of Sales (henry.clarke@oak-securities.com)
Tel. +44 (0)20 3973 3678
OAK Securities is a trading name of Merlin Partners LLP. Merlin Partners LLP is authorised and regulated by the Financial Conduct Authority (Reference Number: 449191). Merlin Partners LLP is registered in England and Wales (Registered Partnership Number: OC317265).