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| | Wed Dec 30, 2009
Private Placement
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| | Panthera Exploration Inc. (the "Company") (PNX-TSX.V; PNXLF-OTC; OAY-Frankfurt) is pleased to announce a non-brokered private placement financing of up to 4,200,000 units ("Units") at a price of $0.13 per Unit, subject to regulatory approval. Each Unit will consist of one common share and one common share purchase warrant. Each full warrant will entitle the holder thereof to purchase one additional common share in the capital of the Company at a price of $0.18 per share in year one and $0.22 per share in year two.
This financing is subject to regulatory approval and a four-month hold period.
The proceeds from this financing will be used for general working capital.
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ON BEHALF OF THE BOARD
"Bruce Winfield"
Bruce Winfield, President & CEO
For further information please contact, Bruce Winfield at 1-800-901-0058 or 604-687-1828, or fax 604-687-1858, or by email info@pantheraexploration.com, or visit the Company's web site at http://www.pantheraexploration.com.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or the accuracy of this release. |
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| | You can view the Next News Releases item: Thu Jan 7, 2010, Private Placement Increased
You can view the Previous News Releases item: Wed Dec 23, 2009, Panthera Signs Letter of Intent to Acquire the Laguna Caro Lithium Property
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