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IN BRIEF: Panthera Agrees Extension For Sale Of Kalaka Gold Project

4th Jan 2021 21:34

Panthera Resources PLC - gold exploration and development company with assets in west Africa and India - Agrees to extend the date for completion of the sale of Kalaka gold project to Moydow until next week Thursday.

In July, Panthera said it has agreed to sell its interests in the Labola gold project in southwest Burkina Faso and the Kalaka gold project in southwest Mali to Moydow, with Moydow to issue three million shares and pay USD350,000 as consideration.

On Monday, Panthera says while substantial progress has been made, the extension is required due to limited progress over the holiday period.

Current stock price: 34.19 pence

Year-to-date change: up 3.6%

By Ife Taiwo; [email protected]

Copyright 2021 Alliance News Limited. All Rights Reserved.


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