Panther Metals (PALM), the development and exploration company focused on mineral projects in Canada, has raised aggregate gross proceeds of approximately £55,569.60 following a retail offer run on the Winterfloods platform.
The retail offer coincided with a recent placing, and brings the total money raised in this financing round to approximately £655,569.60.
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Panther’s recent transactions in Canada have transformed it into a company with considerable potential, and the possibility of developing a very significant producing asset. There is some way to go yet, but the current market is at least providing a supportive backdrop. The new funding will allow for continued progress, so watch for further newsflow.