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Panthera Resources PLC - London-based gold exploration and development company with assets in Africa and India - Issues 247,830 shares at 12 pence each to its joint venture partner in the Kalaka project. The issues is in lieu of $40,000 in option fees payable to the joint venture partner. Company also issues 609,375 shares following the exercise of the same number of options at A$0.05 for gross proceeds of A$30,469, around £17,500. This includes the exercise of 375,000 option by an entity associated with Chair Mike Higgins, the company adds.
Current stock price: 6.05 pence
12-month change: down 58%
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