Panther Metals PLC

PALM

IM00BRF2WV49

Gold

Market Closed - London S.E. Other stock markets 09:05:06 27/06/2024 pm IST			5-day change	1st Jan Change
90 ^GBX	+2.86%		+5.88%	+1.41%

08:00am	Panther Metals plc Announces the Receipt of Exploration Permit PR-24-000022 (The Permit) Covering the Wishbone Prospect At the Company's Obonga Project Located on the Obonga Greenstone Belt in Northern Ontario	CI
06/06	Panther Metals PLC Announces Results from the Phase 1 Sampling and Testing Programme at Fulcrum's Teck-Hughes Gold Tailings Project in Ontario, Canada	CI

Fulcrum Metals signs letter of intent for sale of uranium projects

April 03, 2024 at 05:22 pm IST

(Alliance News) - Fulcrum Metals PLC on Wednesday announced that it signed a letter of intent to sell its Saskatchewan uranium projects.

The Canada-focused mineral exploration and development company said the LOI is with Terra Balcanica Resources Corp, a Bosnia & Herzegovina and Serbia-focused mining explorer.

Terra will have the option to fully buy the projects, paying CAD300,000, around USD221,000, in cash, with the value of shares in Terra to Fulcrum increasing to around CAD3.0 million over four years.

Panther Metals, an Isle of Man-based investor in and acquirer of companies within the natural resource sector with a near 20% stake in Fulcrum, noted the announcement.

Fulcrum Metals shares were flat at 15.00 pence each on Wednesday afternoon in London, while Panther Metals shares rose 7.7% to 3.50p each.

By Tom Budszus, Alliance News slot editor

Comments and questions to newsroom@alliancenews.com

Stocks mentioned in the article

	Add to a list Add to a list 0 selected To use this feature you must be a member Log in Sign up	Price	Change	5d. change	Capi.
	PANTHER METALS PLC	90 GBX	+2.86%	+5.88%	44.69L
	FULCRUM METALS PLC	14.85 GBX	0.00%	0.00%	93.65L

Latest news about Panther Metals PLC

Panther Metals plc Announces the Receipt of Exploration Permit PR-24-000022 (The Permit) Covering the Wishbone Prospect At the Company's Obonga Project Located on the Obonga Greenstone Belt in Northern Ontario	11:30am	CI
Panther Metals PLC Announces Results from the Phase 1 Sampling and Testing Programme at Fulcrum's Teck-Hughes Gold Tailings Project in Ontario, Canada	06/06	CI
An unknown buyer acquired 5.66% stake in Panther Metals Ltd from Panther Metals PLC for AUD 0.06 million.	31/05	CI
Panther Metals plc Provides Obonga: Graphite Exploration Update	30/05	CI
Panther Metals commissions magnetic geophysics survey at Obonga	25/05	AN
Panther Metals plc Commission High Resolution Airborne Magnetic Geophysics Survey At the Obonga Project in Ontario, Canada	24/05	CI
Windward wins deal; Kodal progresses at Bougouni	24/05	AN
Panther Metals investee reports Coglia study results	14/05	AN
Panther Metals' Maiden Scoping Study at Coglia Project in Western Australia Indicates Potential	13/05	MT
EARNINGS AND TRADING: Solid State and MTI Wireless win deals	07/05	AN
Fulcrum Metals Provides Teck-Hughes Tailings Update	07/05	CI
EARNINGS AND TRADING: Nichols trading in line; Ondine revenue doubles	24/04	AN
Panther Metals PLC Reports Earnings Results for the Full Year Ended December 31, 2023	24/04	CI
Panther Metals submits further exploration permit for Awkward drilling	22/04	AN
Panther Metals PLC Submits Exploration Permit Application for Additional Drilling	22/04	CI
Fulcrum acquires Ontario gold tailings project	10/04	AN
Panther Metals PLC Enters into an Option Agreement to Acquire a 100% Interest in the Syvanite Gold Tailings Project	10/04	CI
Fulcrum Metals signs letter of intent for sale of uranium projects	03/04	AN
Panther Metals looks to extend drilling at Canadian project	02/04	AN
Panther Metals PLC Submits Exploration Permit Application for Additional Drilling	02/04	CI
Panther Metals disposes of two million Fulcrum Metals shares	12/03	AN
Panther Metals Extends Lock-in Deal, Sells Fulcrum Shares	12/03	MT
Cindrigo seeks Croatian exploration licence extension	09/03	AN
Panther Metals Grows Nickel Tonnage at Coglia Project in Western Australia	05/03	MT
EARNINGS AND TRADING: Tandem FY sales down 17%; Hikma's opioid deal	02/02	AN

Panther Metals plc is a United Kingdom-based mineral exploration company. The Companyâs Canadian projects include Obonga, Dotted Lake, Manitou Lakes and Big Bear. The Obonga Greenstone Belt identifies four prospective primary targets: Wishbone, Awkward, Survey and Ottertooth. The Dotted Lake Project is situated approximately 16 kilometers (km) from Barrick Gold's renowned Hemlo Gold Mine. Manitou Lakes project covers a total area of approximately 98 square kilometers (km2) and is located within the gold endowed Kenora Mining District, approximately 300 km east of Thunder Bay and equidistant between the towns of Fort Frances and Dryden in north-western Ontario, Canada. Big Bear is situated over the eastern end of the Schreiber-Hemlo Greenstone belt. It also provides with the experienced management the necessary capital to drive forward the highly prospective Australian exploration projects put together by Panther Metals plc.

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Gold

Calendar

01/10/2024 - Q2 2024 Earnings Release (Projected)

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Sector Other Gold

	1st Jan change	Capi.
PANTHER METALS PLC	+1.41%	44.69L
FRANCO-NEVADA CORPORATION	+12.25%	2.28TCr
GOLD FIELDS LIMITED	-2.20%	1.33TCr
ZHONGJIN GOLD CORP.,LTD	+43.27%	964.66Cr
HARMONY GOLD MINING COMPANY LIMITED	+38.41%	562.26Cr
ENDEAVOUR MINING PLC	-3.06%	514.5Cr
EVOLUTION MINING LIMITED	-12.88%	447.56Cr
TRIPLE FLAG PRECIOUS METALS CORP.	+19.05%	311.48Cr
KOZA ALTIN ISLETMELERI	+10.80%	206.32Cr
PT ANEKA TAMBANG TBK	-27.86%	177.73Cr

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Panther Metals PLC

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PALM

IM00BRF2WV49

Gold

Fulcrum Metals signs letter of intent for sale of uranium projects

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Sector Other Gold