Panther Metals initiates trading halt

Panther Metals (ASX:PNT) has announced a trading halt on its securities effective 28 October 2024. This halt is in anticipation of an upcoming announcement concerning exploration results. The trading pause will last until the start of normal trading on 30 October 2024 or until the announcement is made, whichever comes first. This action is in line with ASX Listing Rule 17.1.

Panther Metals' trading halt and future outlook

Panther Metals Ltd has requested a trading halt on its securities due to pending exploration results. The halt will remain in effect until either the announcement is released or normal trading resumes on 30 October 2024. The decision complies with ASX Listing Rule 17.1, and the company has coordinated with ASX Compliance Pty Limited to ensure adherence. Panther Metals has expressed no objections or additional necessary disclosures related to the halt. The company awaits the exploration results, which could impact its strategic direction and market position.

Official statement from Panther Metals

Panther Metals Ltd is not aware of any reason why the trading halt should not be granted. The company has not identified any other necessary information to inform the market about the trading halt.