Panther Metals Ltd. (AU:PNT) has released an update.
Panther Metals Ltd has successfully raised $2.22 million through a fully underwritten entitlement offer and a follow-on placement, securing funds for its ambitious drilling program at the Laverton Gold Project. The company has identified 36 promising gold targets and initiated a 7,000-meter drilling campaign to explore these opportunities. This strategic move positions Panther Metals for potential growth and enhanced exploration outcomes in the gold sector.
For further insights into AU:PNT stock, check out TipRanks’ Stock Analysis page.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.