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Panther Minerals Closes Debt Settlement
MTXMTI(MTX) Thenewswire·2025-06-07 00:30

Core Viewpoint - Panther Minerals Inc. has successfully completed a debt settlement agreement to address outstanding debts totaling CAD 14,785.71,enhancingitscashpositionforworkingcapitalpurposes[1][2].Group1:DebtSettlementDetailsThecompanyissued924,106commonsharesatadeemedpriceofCAD14,785.71, enhancing its cash position for working capital purposes [1][2]. Group 1: Debt Settlement Details - The company issued 924,106 common shares at a deemed price of CAD 0.016 per share as part of the debt settlement [1]. - The shares issued are subject to a hold period of four months and one day, in accordance with National Instrument 45-105 – Prospectus Exemptions [1]. Group 2: Company Overview - Panther Minerals is engaged in mineral exploration, focusing on its North American project portfolio [3]. - The acquisition of the Boulder Creek option demonstrates the company's commitment to pursuing advanced and high-quality uranium projects that can be efficiently explored [3].