Panthera Resources PLC Galaxy Tranche 2 payment expected before May 15th (6438X)
01 Mayo 2019 - 1:00AM
UK Regulatory
TIDMPAT
RNS Number : 6438X
Panthera Resources PLC
01 May 2019
1 May 2019
Panthera Resources Plc
("Panthera" or "the Company")
Galaxy Tranche 2 Payment Expected before May 15th
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 anticipated payment from
Galaxy Gold.
The payment, originally due by 31 March 2019, has been delayed
as a result of various administrative issues relating to the Indian
financial year and the current elections in India. We maintain a
regular and constructive dialogue with both Galaxy and its
principal financial supporter, Hunch Ventures and Investments
(Hunch). The management of Hunch has assured Panthera that funds
will be available for processing during the first two weeks of May
2019.
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.
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END
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