Panther Metals Expands with LSE Placing and Secondary Prospectus

Deal News | Feb 28, 2025 | Orrick

Panther Metals Expands with LSE Placing and Secondary Prospectus

Orrick has provided legal advice to Panther Metals plc, an exploration company, on its recent capital raising efforts through a placing on the Main Market of the London Stock Exchange. As part of the transaction, Panther Metals is set to introduce 910,000 new ordinary shares to the market, supported by a secondary prospectus published on February 25, 2025. The shares are scheduled to begin trading on February 28, 2025. This move aligns with Panther Metals' focus on discovering mineral deposits in Canada. The advisory team from Orrick was led by Ed Lukins, with contributions from Ed Dyson and James Labovitch.

Sectors

  • Mining and Exploration
  • Legal Services
  • Financial Markets

Geography

  • Canada – Panther Metals focuses its exploration activities on discovering mineral deposits in Canada.
  • United Kingdom – The London Stock Exchange, where Panther Metals' shares are being listed, is based in the UK.

Industry

  • Mining and Exploration – Panther Metals operates in the mining and exploration industry, focusing on discovering mineral deposits in Canada.
  • Legal Services – Orrick provided legal advisory services for Panther Metals' LSE placing and prospectus.
  • Financial Markets – The transaction involves the listing of shares on the London Stock Exchange, a major financial market.

Financials

  • 910,000 – Number of new ordinary shares Panther Metals is introducing to the London Stock Exchange.

Participants

NameRoleTypeDescription
Panther Metals plcTarget CompanyCompanyAn exploration business focused on discovering commercially viable mineral deposits in Canada.
OrrickLegal AdvisorCompanyA law firm providing advisory services for legal transactions.
Ed LukinsLead AdvisorPersonLed the Orrick team advising Panther Metals on the LSE placing.
Ed DysonAdvisorPersonProvided support in Orrick's advisory team for Panther Metals.
James LabovitchAdvisorPersonPart of the Orrick team advising Panther Metals.