11th Nov 2026 14:07
Pantheon Resources PLC - developing Kodiak and Ahpun oil fields on North Slope of US state of Alaska - Plans to raise about GBP5.0 million from an equity raise at 7 pence per share. Non-Executive Chair Michael Spencer, who founded interdealer broker ICAP and also chairs sparkling wine maker Chapel Down Group PLC, has agreed to subscribe for GBP750,000 of this. Pantheon says the fundraise will provide liquidity while the company negotiates a farm-in to its Kodiak field asset. Shares are suspended from trading on Wednesday while Pantheon conducts the equity raise.
Last stock price: 7.68p, up 2.0% on Wednesday afternoon in London
12-month change: down 70%
By Tom Waite, Alliance News editor
Comments and questions to [email protected]
Copyright 2026 Alliance News Ltd. All Rights Reserved.
Related Shares:
Pantheon Resources plcChapel Down GrpTP ICAP