The following information is being provided for the purposes of AIM Rule 26 and was last updated 20 May 2025

Panthera Resources PLC (“Panthera” or the “Company”) is a UK registered company. The Company was established to act as a holding company for Indo Gold Limited, an unlisted Australian registered company. The Company aims to explore and develop gold assets in India and West Africa.

In India, emphasis will continue to be placed on attaining a prospecting licence for the Bhukia Gold Project, an established gold resource and the Company’s primary asset. Once acquired, the extensive amount of exploration already completed will be leveraged and further drilling is expected to define a substantial JORC-compliant resource base and allow the completion of a bankable feasibility study.

In West Africa, the Group now has the opportunity to re-prioritise its activities following the successful addition of the Labola property in southern Burkina Faso to its already exciting portfolio of properties. Expanding Labola’s previously defined resource will become one of the Company’s priority activities, which compliments recent drill success achieved at Naton and the definition of multiple exciting targets elsewhere in West Africa. The first RC drilling program at Naton achieved excellent results with ore grade intersections encountered at 4 of the 5 structures tested, and further drilling is clearly required. Whilst in southern Mali high-quality drill-ready targets have also been defined at Bassala and Kalaka, the Company intends to continue exploring these areas and define a JORC compliant resource.

Please click here for a Corporate Overview

Please click here for a list of the Company’s directors and their biographies.

Please click here for a description of the responsibilities of the members of the board of directors.

Panthera was incorporated in England and Wales on 8 September 2017.

Please click here for the Financial Reports

Please click here for the General Meeting details.

The Company’s shares were admitted to trading on the AIM Market of the London Stock Exchange on 21 December 2017 (trading symbol “PAT”). No application has been made to trade on any other exchange platform.. Please click here for the number of AIM securities in issue and the percentage of AIM securities not held in public hands.

There are no restrictions on the transfer of Company’s shares.

Chairman’s Corporate Governance Statement

Panthera Resources plc (“Panthera” or the “Company”) is required to apply a recognised corporate governance code, demonstrating how the Company complies with such corporate governance code and where it departs from it. The Directors of the Company have formally taken the decision to apply the QCA Corporate Governance Code (the “QCA Code”). The Company will provide annual updates on its compliance with the QCA Code in its Annual Report.

The Company is committed to industry best practice standards of corporate governance to enhance and protect shareholder value. As the Company is listed on AIM it is not required to adopt the provisions of the UK Corporate Governance Code 2016 (“the Code”) although the Company strives where possible to work towards the Code’s best practice to ensure that a meaningful corporate governance policy can be maintained.

Good governance provides a framework that allows the right decisions to be taken by the right people at the right time.

The Board meets regularly throughout the year and all necessary information is supplied to the Directors on a timely basis to enable them to discharge their duties effectively. Additionally, special meetings take place or other arrangements are made when Board decisions are required in advance of regular meetings.

The Board is responsible for formulating, reviewing and approving the Company’s strategy, financial activities and operating performance. Day-to-day management is devolved to the Chief Executive Officer (“CEO”) and members of the management team, who are charged with consulting the Board on all significant financial and operational matters. The Group has a small, focused management team, comprising individuals with significant expertise and experience in the mining sector as well as the financial and legal sectors. The Directors intend to progressively build the Group’s management team to meet the project and operational development timelines and milestone requirements. Consulting and contracting expertise will be contracted to support the Company’s management team in the fields of engineering, design, construction and geological assessment as required.

The Chairman has the responsibility of ensuring that the Board discharges its responsibilities.

Michael Higgins
Non-Executive Chairman
Updated on 26 July 2024

The Company’s Corporate Governance Statement is contained in the latest Annual Report.

The Company is subject to the provisions of the City Code on Takeovers and Mergers.

Please click here for a list of the Company’s RNS announcements.

Please click here for the Company’s AIM admission document.

Please click here for the Articles of Association.