Warrant Conversion
Panthera Resources Plc announced the issue of 250,000 new ordinary shares at an average price of 6.68 pence per share, raising £16,700 through warrant conversions. This transaction includes a conversion by Managing Director Mark Bolton, who will hold 1,832,810 ordinary shares post-admission. The new shares are expected to be admitted to trading on AIM on November 28, 2025, bringing the company's total issued share capital to 251,623,774 ordinary shares.
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Gold exploration and development company Panthera Resources Plc (AIM: PAT), with assets in West Africa and India, announces the issue of 250,000 new ordinary shares of 1p each in the capital of the Company (the "Ordinary Shares"), at an average issue price of 6.68 pence per new Ordinary Share (the "Issue Price") to settle a warrant conversion.
Warrant Conversion
The Company has agreed to issue 250,000 new Ordinary Shares to settle warrant conversion requests at an exercise price of 6.68 pence per warrant (the "Warrant Conversion"). The Warrant Conversion raises £16,700 for the Company.
As part of the abovementioned Warrant Conversion, Mark Bolton, the Managing Director of the Company, has requested to convert warrants over 250,000 new Ordinary Shares at an exercise price of 6.68 pence per warrant. Following Admission (as defined below), Mark Bolton will hold 1,832,810 Ordinary Shares.
Application for Admission
Application has been made for the 250,000 new Ordinary Shares to be admitted to trading on AIM, which is expected to take effect on or around 28 November 2025 ("Admission").
Following Admission, the Company's issued share capital will comprise 251,623,774 Ordinary Shares. The Company does not hold any Ordinary Shares in treasury. This figure may be used by shareholders in the Company as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the share capital of the Company under the Financial Conduct Authority's Disclosure Guidance and Transparency Rules.
| a) | Name | Mark Bolton |
| 2. | Reason for the Notification | |
| a) | Position/status | Managing Director |
| b) | Initial notification/Amendment | Initial Notification |
| a) | Name | Panthera Resources Plc |
| b) | LEI | 213800IB98EG6736XN82 |
| a) | Description of the Financial instrument, type of instrument | Ordinary shares of 1p each in Panthera Resources Plc |
| Identification code | ISIN: GB00BD2B4L05 | |
| b) | Nature of the transaction | Issue of new Ordinary Shares following Warrant Conversion |
| c) | Price(s) and volume(s) | 250,000 at 6.68 pence per warrant |
| d) | Aggregated information: | |
| - Aggregated volume | N/A | |
| - Price | N/A | |
| e) | Date of the transaction | 25 November 2025 |
| f) | Place of the transaction | Outside a trading venue |
Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.