Pantheon Resources PLC Announces Closing of US$35 million Convertible Bond Issuance
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Pantheon Resources PLC Announces Closing of US$35 million Convertible Bond Issuance
LONDON, UNITED KINGDOM / ACCESS Newswire / March 25, 2025 / Pantheon Resources plc ("Pantheon" or the "Company"), the AIM-quoted oil and gas exploration company with 100% working interests in projects spanning 258,000 acres adjacent to transportation and pipeline infrastructure on the Alaska North Slope, is pleased to announce that further to its announcements on 20 and 28 February 2025 that the Company has now entered into the definitive documentation for and has issued US$35 million in aggregate principal amount of senior convertible bonds due March 2028 (the "ConvertibleBonds") to Sun Hung Kai & Co. Limited and its affiliates, clients and funds managed or advised by them. The key terms of the Convertible Bonds, are as set out in the announcement of 20 February 2025.
-ENDS-
Further information:
UK Corporate and Investor Relations Contact
Pantheon Resources plc
Justin Hondris
[email protected]
Nominated Adviser and Broker
Canaccord Genuity Limited
Henry Fitzgerald-O'Connor, James Asensio, Charlie Hammond
+44 20 7523 8000
Public Relations Contact
BlytheRay
Tim Blythe, Megan Ray, Matthew Bowld
+44 20 7138 3204
USA Investor Relations Contact
MZ Group
Lucas Zimmerman, Ian Scargill
+1 949 259 4987
[email protected]
This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [email protected] or visit www.rns.com.
SOURCE: Pantheon Resources PLC
View the original press release on ACCESS Newswire
H.Thompson--AT