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Pantheon Resources PLC - London-based oil and gas company with a portfolio focused in Alaska - Issues 1.9 million shares following notice of conversion in respect of USD2 million of the USD55 million unsecured convertible bond.
As a result, the principal remaining under the bond is now USD53 million. Pantheon Resources now has 748.9 million shares issued overall.
Current stock price: 129.60 pence, down 3.9% on Friday
12-month change: up sharply from 41.50p
By Dayo Laniyan; dayolaniyan@alliancenews.com
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