Druces’ Capital Markets team has advised AIM-listed Panthera Resources PLC, in connection with an equity capital fundraising, with existing and institutional investors, for approximately £1.06 million. The capital raising will fund Panthera’s planned drilling programme in Bassala, Mali, where there was a significant discovery of gold last year.
Druces’ Capital Markets team included David Smith (Consultant), Jack Dervyn (Senior Associate) and Mark Lamph (Associate).
David Smith commented:
“It has been a pleasure working with Panthera Resources on the fundraising for their Bassala exploration project. We are excited to see the results of the programme and look forward to working with Panthera Resources on future plans.”
Commenting on the announcement, Mark Bolton, Managing Director of Panthera said:
“David, Jack and Mark provided timely commercial and legal advice, and we are grateful to them for helping us get this fundraising over the line.”
Additional detail of the fundraising are to be found:
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