Pantheon Resources

Pantheon Resources PLC (AIM:PANR, OTCQX:PTHRF) has confirmed the closing of a previously announced US$35 million convertible bond. The senior convertible bonds, to mature in March 2028, were issued to Sun Hung Kai & Co.» Mehr auf proactiveinvestors.co.uk

LONDON, UNITED KINGDOM / ACCESS Newswire / March 25, 2025 / Pantheon Resources plc (AIM:PANR) ("Pantheon" or "the Company"), developing the Kodiak and Ahpun oil fields in close proximity to pipeline and transportation infrastructure on Alaska's North Slope, today announced details of annual awards under the Employee Stock Ownership Plan ("ESOP") and the pricing of the share options under the ESOP to be granted to Max Easley following his appointment as CEO. Highlights: A total number of 3,191,177 RSUs awarded amongst all staff (versus a total of 9,278,760 awarded in 2024) 5 million share options awarded to Max Easley with an exercise price of $1.15, a 37% premium to the closing price on 24 March, 2025 Award Background Under the terms of the ESOP, awards are to be made following publication of financial results unless the Company is in a closed period.» Mehr auf accessnewswire.com

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.» Mehr auf accessnewswire.com