By Jaime Llinares TaboadaShares in Panther Metals PLC fell Tuesday in early trading after the company said that it has raised 1.1 million pounds ($1.3 million) in a discounted equity issue. Panther issued 20.9 million shares and warrants at a price of 5.5 pence each, representing a 12% discount to the closing price on Monday. The warrants are exercisable at 8.5 pence over three years and are subject to an accelerator.

Source: Wall Street Journal August 02, 2022 07:51 UTC