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Panther Metals Ltd (ASX:PNT)

ALERT: Price-sensitive ASX Announcement for PNT
Current share price for PNT : $0.006 -0.003 (-33.33%)+
Announcement
Release
12 Nov 2025 12:27PM
Price at Release
$0.009
Full Release
download
Summary
Panther Metals Ltd is conducting a non-renounceable rights issue, offering shareholders one new share for every three existing shares held, at a price of $0.008 per share, aimed at raising approximately $816,745. This offer does not permit rights trading and will result in a potential dilution of approximately 25% for shareholders who do not participate. The offer opens on 12 November 2025 and closes on 21 November 2025, and funds raised will be used primarily for exploration activities and working capital. Key directors have committed to taking up their full entitlements. The document emphasizes that it is not a prospectus and does not contain all the information required for a fully informed investment decision.
Key Points
  • Panther Metals Ltd is offering a pro-rata non-renounceable entitlement offer.
  • The offer ratio is one new share for every three existing shares at $0.008 per share.
  • The offer aims to raise approximately $816,745 before costs.
  • No rights trading will occur as the rights are non-renounceable.
  • Dilution for non-participating shareholders could be approximately 25%.
  • The offer opens on 12 November 2025 and closes on 21 November 2025.
  • Funds will be used for exploration activities and working capital.
  • Directors Ranko Matic and Daniel Tuffin will take up their entitlements in full.
  • The offer document is not a prospectus and doesn't contain all investment information.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.