TIDMPALM

RNS Number : 6891E

Panther Metals PLC

09 July 2021

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY IN OR INTO AUSTRALIA, CANADA, JAPAN, THE REPUBLIC OF SOUTH AFRICA, THE UNITED STATES OR ANY OTHER JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OF SUCH JURISDICTION.

THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION FOR THE PURPOSES OF ARTICLE 7 OF REGULATION 2014/596/EU WHICH IS PART OF DOMESTIC UK LAW PURSUANT TO THE MARKET ABUSE (AMENDMENT) (EU EXIT) REGULATIIONS (SI 2019/310) ("UK MAR"). UPON THE PUBLICATION OF THIS ANNOUNCEMENT, THIS INSIDE INFORMATION (AS DEFINED IN UK MAR) IS NOW CONSIDERED TO BE IN THE PUBLIC DOMAIN.

FOR IMMEDIATE RELEASE

Panther Metals plc

("Panther" or the "Company")

Exercise of Warrants, and Total voting Rights

Panther Metals plc (LSE: PALM) announces that it has received notice of exercise of a total of 333,334 warrants with an exercise price of 6p per share, raising GBP20,000 for the Company.

The Company has made applications for 333,334 new Ordinary Shares to be admitted to listing on the standard segment of the Official List of the Financial Conduct Authority and to trading on the main market for listed securities of London Stock Exchange plc under the TIDM "PALM".

Admission is expected to take place at 8.00am on 14 July 2021.

The total number of Ordinary Shares in issue following Admission will be 61,180,750 and no shares are held in treasury. This number may be used by shareholders 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 Company under the FCA's Disclosure Guidance and Transparency Rules.

For the purposes of UK MAR, the person responsible for arranging for the release of this announcement on behalf of Panther is Darren Hazelwood, Chief Executive Officer.

- Ends -

Panther Metals PLC:

   Darren Hazelwood, Chief Executive Officer:                     +44(0) 1462 429 743 

+44(0) 7971 957 685

   Mitchell Smith, Chief Operating Officer:                            +1(604) 209 6678 

Broker:

SI Capital Limited

Nick Emerson +44(0) 1438 416 500

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July 09, 2021 02:00 ET (06:00 GMT)

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