Panther Metals PLC Panther ASX Listing and Directorate Change (2120V)
10 Diciembre 2021 - 01:00AM
UK Regulatory
TIDMPALM
RNS Number : 2120V
Panther Metals PLC
10 December 2021
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FOR IMMEDIATE RELEASE
PANTHER METALS PLC
("Panther" or the "Company")
(Incorporated in the Isle of Man with company number
009753V)
10 December 2021
Australian Listing and Directorate Change
Panther Metals PLC (LSE:PALM) the company focused on mineral
exploration in Canada, is pleased to announce the successful
listing of Panther Metals Limited (ASX:PNT) on the Australian
Securities Exchange ("ASX"). Panther Metals Limited is an Australia
focused mineral exploration company with Projects in Western
Australia and the Northern Territory.
Panther retains 36.6% of the issued share capital of Panther
Metals Limited.
The Company is also pleased to announce the appointment of
Nicholas O'Reilly as Non-Executive Chairman effective 10 October
2021, at the same time as Dr. Kerim Sener steps down as
Non-Executive Chairman and leaves the Board while adopting an
enhanced Non-Executive Chairman role in Panther Metals Ltd
following its listing on the ASX.
As a result of these Board changes, Kate Asling will join the
Company's Remuneration Committee and Nicholas O'Reilly will become
chair of the Nomination Committee.
Darren Hazelwood, Chief Executive Officer, commented:
"The ASX listing of Panther Metals Ltd provides the experienced
management the necessary capital to drive forward the highly
prospective Australian exploration projects put together by Panther
Metals plc, without any further financial obligations to the
Company.
I look forward to managing our investment in the business and
wish the team the greatest success in building value through their
high-quality gold, nickel, and cobalt projects.
On behalf of the Board and myself I'd like to thank Kerim for
his efforts in helping develop Panther into the force it has become
today and wish him all the best in continuing to create value for
our shareholders through our holding in Panther Metals Ltd.
I'd also like to welcome Nicholas O'Reilly as he steps up to the
position of Chairman and I look forward to continuing to work with
him and the rest of the Board as we push the Company forward
together."
Panther Metals Limited Summary
Highlights from the Panther Metals Ltd ASX news release of today
is set out below, with the full version available to view at:
www.panthermetals.com.au
-- Panther Metals Ltd commences trading following the completion
of its oversubscribed Aus$5M initial public offering ("IPO"),
capitalising Panther Metals Ltd at Aus$10.9M;
-- Multi-commodity land package situated in Tier 1 mining
districts in Western Australia and the Northern Territory;
-- Tenements previously fragmented across major regional mining
companies and now consolidated for the first time;
-- Significant drilling programme planned across nickel-cobalt
("Ni-Co") and gold targets including infill drilling to convert a
JORC (2012) compliant Exploration Target at the Coglia Ni-Co
Project to a JORC (2012) Mineral Resource;
-- Drillers have been engaged for Panther Metal Ltd's maiden
Coglia Ni-Co drill programme, with drilling commencing imminently;
and
-- Merolia Gold Project contains multiple targets to be drilled
almost immediately, including 4 Mile Camp, a newly discovered 2.5km
x 5km gold anomaly, Burtville (historical grades up to 23g/t Au)
and Ironstone (historical grades up to 46.5g/t Au).
For further information please contact:
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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